Manila and the Philippines will stay laggards also sprach McKinsey 298.0
Yesterday, McKinsey published Global cities of the future showing the 600 cities that will account for more than 60% of global GDP growth by 2025. From the article, I derived McKinsey’s current thinking behind the report – a disturbing though not surprising insight to me – that Manila will stay a laggard among its peer [...]
Productivity Can Power Poor Countries to Developed Status 244.0
“The disparity between rich and poor countries is the most serious, intractable problem facing the world today.” William Lewis, Founding Director of McKinsey Global Institute, contends in McKinsey’s book, The Power of Productivity, (2004 University of Chicago), that “the key to improving economic conditions in poor countries is increasing productivity through intense fair competition and [...]
