Labor-forceparticipation,hoursworked,andproductivityEqualityinsocietyScopeforbroaderactionbytheprivatesector814125HIGHLIGHTSSEPTEMBER2015THEPOWEROFPARITY:HOWADVANCINGWOMEN’SEQUALITYCANADD$12TRILLIONTOGLOBALGROWTHCopyright©McKinsey&Company2015Inthe25yearssinceitsfounding,theMcKinseyGlobalInstitute(MGI)hassoughttodevelopadeeperunderstandingoftheevolvingglobaleconomy.AsthebusinessandeconomicsresearcharmofMcKinsey&Company,MGIaimstoprovideleadersinthecommercial,public,andsocialsectorswiththefactsandinsightsonwhichtobasemanagementandpolicydecisions.MGIresearchcombinesthedisciplinesofeconomicsandmanagement,employingtheanalyticaltoolsofeconomicswiththeinsightsofbusinessleaders.Our“micro-to-macro”methodologyexaminesmicroeconomicindustrytrendstobetterunderstandthebroadmacroeconomicforcesaffectingbusinessstrategyandpublicpolicy.MGI’sin-depthreportshavecoveredmorethan20countriesand30industries.Currentresearchfocusesonsixthemes:productivityandgrowth,naturalresources,labormarkets,theevolutionofglobalfinancialmarkets,theeconomicimpactoftechnologyandinnovation,andurbanization.Recentreportshaveassessedglobalflows;theeconomiesofBrazil,Mexico,Nigeria,andJapan;China’sdigitaltransformation;India’spathfrompovertytoempowerment;affordablehousing;theeffectsofglobaldebt;andtheeconomicsoftacklingobesity.MGIisledbythreeMcKinsey&Companydirectors:RichardDobbs,JamesManyika,andJonathanWoetzel.MichaelChui,SusanLund,andJaanaRemesserveasMGIpartners.ProjectteamsareledbytheMGIpartnersandagroupofseniorfellows,andincludeconsultantsfromMcKinsey&Company’sofficesaroundtheworld.TheseteamsdrawonMcKinsey&Company’sglobalnetworkofpartnersandindustryandmanagementexperts.Inaddition,leadingeconomists,includingNobellaureates,actasresearchadvisers.ThepartnersofMcKinsey&CompanyfundMGI’sresearch;itisnotcommissionedbyanybusiness,government,orotherinstitution.ForfurtherinformationaboutMGIandtodownloadreports,pleasevisitwww.mckinsey.com/mgi.JonathanWoetzel|ShanghaiAnuMadgavkar|MumbaiKweilinEllingrud|Minneapol...
