McKinsey: Context for Global Growth and Development 

Check out a real Mckinsey presentation on sustainable development. Extracts from McKinsey Global Institute research for UN
Session on “Financing for global sustainable development”

McKinsey Presentation: Context for Global Growth and Development

Key Learnings from the Presentation

The McKinsey Global Institute (MGI) research presented by James Manyika in November 2014 sheds light on the dynamics shaping global growth and development. The presentation highlights key trends, challenges, and opportunities influencing economic progress on a global scale.

Rapid Increase in GDP per Capita

• GDP per capita is rising at an unprecedented pace globally, particularly in emerging economies like India and China.
• The time taken to double per capita GDP has significantly reduced, indicating accelerated economic growth and prosperity.

Emergence of a Growing Consuming Class

• Nearly 2 billion people are expected to join the consuming class by 2025, presenting substantial market opportunities for businesses.
• Consumption patterns are shifting, with urbanization and rising income levels driving increased demand for goods and services.

Urbanization and City Economies

• Cities are becoming the engines of global economic growth, with 600 cities projected to deliver two-thirds of global GDP by 2025.
• Emerging countries, particularly in Asia, are witnessing the rapid development of urban centers, contributing significantly to global GDP growth.

Impact of Technology on GDP and Growth

• The Internet’s contribution to GDP is substantial and expected to grow further, revolutionizing industries and driving economic expansion.
• Adoption of transformative technologies, such as mobile internet and cloud computing, is happening at an unprecedented pace, reshaping business models and accelerating growth.

Global Flows of Goods, Services, and Finance

• Cross-border flows of goods, services, and finance have reached significant levels, with the potential to triple by 2025.
• Developed economies and China dominate knowledge-intensive flows, indicating the importance of innovation and technology transfer in driving economic progress.

About McKinsey

McKinsey & Company stands as a premier entity in the global management consulting sphere, initiated by James O. McKinsey in 1926. Anchored in New York City, this firm has carved a distinguished position in the consulting arena, offering strategic guidance across the globe to a diverse clientele that includes businesses, governments, and various institutions.

Want to see more? Head to the collection here:

Management Consulting Collection