McKinsey & Company

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Economic Development

Focus On: Economic Development

MGI: Africa at Work

Over the next decade, we calculate that Africa has the potential to create between 54 million and 72 million more wage-paying jobs, with nearly half of them in manufacturing, agriculture, and retail and hospitality. Read more

Key Insights

More on Economic Development

How to Compete and Grow

Developing-country governments have an important role to play in creating an environment for economic growth. The best results happen when those efforts are tailored by industry sector.

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Supply Chains Matter: Lessons from Haiti

Even the most efficient organizations are ill prepared for earthquakes and similar disasters. Our experience in Haiti and other disaster zones suggests that seven lessons about management, processes, and networks can make a difference when lives are on the line.

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Growth, Colombian Style

Colombia’s example shows how faster economic development can result from collaboration by the private and public sectors to orchestrate microlevel reforms and foster innovation to compete in global markets.

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McKinsey on Africa: a continent on the move

The next decade will likely mark the first since the industrial revolution when emerging economies add more to global growth than all the developed countries combined. In our view, Africa will be a core part of this economic renaissance.

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McKinsey Quarterly on Economic Development

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