McKinsey & Company | Global news | Economy

An overview of McKinsey & Company global news:

Middle East

Middle East | Regional

Further adoption of AI can add $150 billion to GCC economies More use of AI in business functions could unlock untapped value of at least $150 billion to the Gulf Cooperation Council (GCC) economies.
23 August 2023
Middle East

Middle East | Regional

Economic integration a $230 billion GDP opportunity for Middle East The private sector in the Middle East needs to take a more proactive and assertive approach in order to drive growth.
11 May 2023
Middle East

Middle East | Regional

Majid Al Futtaim and McKinsey launch Economic Integration Barometer Set to be launched later today during the World Economic Forum in Davos, the new MENAP Economic Integration Barometer by Majid Al Futtaim in collaboration with McKinsey & Company will keep track of k
18 January 2023
United Kingdom

Europe | United Kingdom

Economic pessimism in UK at all-time high New data has revealed that economic pessimism is at an all-time high among UK consumers. With the rate of inflation now at around 9%, more than a third of consumers expect a lengthy recession.
25 May 2022
United States

North America | United States

McKinsey: Worst-case scenario of Ukraine war includes US recession A recent McKinsey & Company report that examines the global economic impact of the Russian invasion of Ukraine says the worst-case scenario could result in a recession for the eurozone and United Sta
23 March 2022
United States

North America | United States

Consumer optimism remains muted, focused on value and essentials Even as countries have lifted many pandemic restrictions, consumer optimism remains muted and spending intent is still below pre-crisis levels, according to a report from consulting firm McKinsey & C
09 September 2020
United States

North America | United States

Billions in profits evaporate due to supply chain disruptions As political, climate, and pandemic risks increase, companies could lose an average of 45% of annual profit once per decade due to supply chain disruption, according to a recent McKinsey report.
20 August 2020
United Kingdom

Europe | United Kingdom

Covid-19 supply chain disruptions pose multi-trillion economic threat Global markets could forfeit as much as $5 trillion in economic losses, if they do not adapt their supply chains in the wake of the Covid-19 virus.
17 August 2020
Vietnam

Asia | Vietnam

Vietnam poised for quick recovery once the global economy reopens Although Covid-19 threw a spanner in the works for Vietnam’s thriving economic growth story, McKinsey & Company suggests that the country could resume pre-crisis growth levels by next year.
14 July 2020
Indonesia

Asia | Indonesia

Digitisation and diversification can advance Indonesia’s resilience Despite its under pressure economy, Indonesia has an opportunity to capitalise on a post-Covid-19 environment, particularly in light of its resilience in recent years, according to McKinsey & Company
02 July 2020
Asia

Asia | Regional

As economies begin reopening, McKinsey examines the current covid-19 landscape As governments around the globe begin to wind-back the public restrictions put in place to combat the spread of Covid-19, McKinsey looks into several epidemiological factors.
18 May 2020
United States

North America | United States

McKinsey: Covid-19 impact could reach 57 million jobs in US Up to 57 million US jobs are vulnerable – encompassing permanent layoffs, temporary furloughs, and reductions in hours and pay.
11 May 2020
Asia

Asia | Regional

McKinsey contends that Asia could shape the new economic order Following the coronavirus pandemic which has rocked the globe, the countries of Asia could be the genesis of the world’s new economic order according to a new report from McKinsey.
20 April 2020
China

Asia | China

Consumer confidence returning in China according to McKinsey survey Consumer confidence is returning in China in stride with the country’s recovery from the peak of its coronavirus outbreak, according to a recent poll from McKinsey & Company.
06 April 2020
Asia

Asia | Regional

McKinsey boss says that after coronavirus nothing will be the same McKinsey boss Kevin Sneader has weighed in on what he thinks the implications of the global coronavirus pandemic will be for the business world, stating that nothing will be the same.
30 March 2020
Asia

Asia | Regional

What strategy consultancy McKinsey says about the coronavirus As businesses across the globe struggle due to the unfolding coronavirus pandemic, the services of the world’s leading strategy consulting firms may become more important than ever.
16 March 2020
Asia

Asia | Regional

McKinsey sounds warning over brewing Asian debt crisis McKinsey & Company have sounded a warning over a looming debt crisis in Asia – with many corporates in the region under significant stress to service their obligations.
22 August 2019
Asia

Asia | Regional

Asia to account for half of all global GDP in under a generation A new report from global consultancy McKinsey highlights the rapid rise of Asia and its economic ascendancy ahead.
05 August 2019
United Kingdom

Europe | United Kingdom

3 million women in the UK need to transition to new jobs by 2030 More than 3 million women working in the UK are forecast to need to transition to new jobs in the coming decade, as digital disruption ramps up amid Britain’s rapidly automating markets.
12 July 2019
China

Asia | China

China economy expected to slow to around 6 percent GDP growth The Chinese economy is set to slow further this year, according to a forecast by McKinsey & Company, with projected growth of 6 to 6.2 percent.
08 July 2019
United Kingdom

Europe | United Kingdom

Superstar companies capture 80% of economic profit Large companies tend to dominate the global market, with the top businesses capturing the vast majority of economic profit globally.
02 July 2019
United Kingdom

Europe | United Kingdom

Global gold industry sees signs of post-crash revival Having seen the precious metal over-invested during the boom years leading to 2007, the gold industry has seen a decade of spending cuts and low returns.
20 June 2019
United Kingdom

Europe | United Kingdom

Energy use must decouple from GDP growth for sustainable future Transforming the global economy is increasingly seen as imperative to preventing an irreversible climate disaster, but at present only marginal and short-term improvements have been committed to by g
18 June 2019
United States

North America | United States

McKinsey outlines the challenges facing Georgia's economy The state of Georgia faces a number of weaknesses that could put a damper on future economic growth, including skills shortages, insufficient transportation infrastructure, and poor health outcomes –
29 May 2019
Africa

Africa | Regional

A carefully tailored investment strategy can produce substantial results in Africa Africa is the place to invest in over the next few decades, and a clear, diversified strategy is essential on the economically vibrant region, according to analysis from McKinsey & Company Partners A
06 May 2019
South Africa

Africa | South Africa

M&A and talent development are among the key strategies for a digitalising SA Following from its analysis on the global digital landscape in 2017, global management consultancy McKinsey & Company has released a set of recommendations for the South African market to ensure that
06 May 2019
Australia

Oceania | Australia

Australia & New Zealand face major dairy export opportunities Australia and New Zealand face major dairy export opportunities in the coming decade, according to a new report by McKinsey & Company in collaboration with the International Dairy Foods Association (
02 May 2019
Asia

Asia | Regional

Global trade shifts as developing market dynamics take hold Global trade intensity is on the decline, according to an analysis from McKinsey, with shifts in trade goods and supply hinting at increased maturity in emerging economies.
17 April 2019
China

Asia | China

Many economic variables remain for China with ongoing US trade tensions
04 April 2019
Canada

North America | Canada

McKinsey's Newfoundland diversification report to be revealed after provincial budget In September 2018, NYC-based strategy firm McKinsey & Company won a $1 million contract to deliver an economic diversification report to the province of Newfoundland and Labrador.
06 February 2019
United Kingdom

Europe | United Kingdom

These top consulting firms are shaping WEF's Davos agenda Every year, the second half of January sees the global economic and political elite descend en masse on a Swiss ski-resort.
23 January 2019
Mexico

Latin America | Mexico

Digitization could add $240 billion to Mexico’s GDP by 2025 A new analysis by McKinsey & Company ranks Mexico 55th in digital maturity out of 151 countries.
22 January 2019

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