James Manyika, Jaana Remes, Jonathan Woetzel
Throughout history, economic growth has been fueled by two factors: the expanding pool of workers and their rising productivity. From the perspective of rising prosperity, however, it is productivity that makes all the difference. Disparities in GDP per capita among countries—or between the past and the present in the same country—primarily reflect differences in labor productivity. That in turn is the result of production and … [ Read more ]
Content: Quotation | Authors: Jaana K. Remes, James Manyika, Jonathan R. Woetzel | Source: McKinsey Quarterly | Subject: Economics
A Productivity Perspective on the Future of Growth
If demography is destiny, global growth is headed for a slowdown. History, however, suggests that productivity could ride to the rescue.
Editor’s Note: an obvously topical article, but one which contains some interesting generalized observations and concepts, so definitely worth a read.
Content: Article | Authors: Jaana K. Remes, James Manyika, Jonathan R. Woetzel | Source: McKinsey Quarterly | Subject: Economics
Checking China’s Vital Signs: The Social Challenge
China’s performance in meeting its key social challenges shows how far it has come and how far it has yet to go.
Content: Article | Author: Jonathan R. Woetzel | Source: McKinsey Quarterly | Subject: International – China
China and India: The race to growth
The contrasting ways in which China and India are developing, and the particular difficulties each still faces, prompt debate about whether one country has a better approach to economic development and will eventually emerge as the stronger. We recently asked three leading experts for their views on the subject. The essays are:
“India’s entrepreneurial advantage” by Tarun Khanna
“China: The best of all possible models” … [ Read more ]
Content: Article | Authors: Diana Farrell, Jayant Sinha, Jonathan R. Woetzel, Tarun Khanna | Source: McKinsey Quarterly | Subjects: Economics, International – China
A Guide to Doing Business in China
China lends itself to sweeping statements about the nature of doing business there. Most are unfounded.
Content: Article | Author: Jonathan R. Woetzel | Source: McKinsey Quarterly | Subject: International – China
Checking China’s Vital Signs
China’s growth is impressive, but so are the challenges it faces to keep its growth and reforms moving. This collection of exhibits-part of a special McKinsey Quarterly issue on China-looks at the sources of the country’s rapid economic growth and its effects on businesses and consumers.
Content: Article | Authors: Emmanuel V. Pitsilis, Jeffrey Wong, Jonathan R. Woetzel | Source: McKinsey Quarterly | Subject: International – China
Can Chinese Brands Make it Abroad?
The answer is yes, but it won’t be easy.
Content: Article | Authors: Jonathan R. Woetzel, Paul Gao, Yibing Wu | Source: McKinsey Quarterly | Subjects: International – Asia, Marketing / Sales