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ent as % of GDP, 1999 vs. 2009 Dg mm mm — me me — ae a = = Hm a Q 0) 5 m= 2009 = 1999 Ry EET, NI m2 se aa me a ee sce ee est te see ea a a a a a & European Union 2009 Average = 17.1% o 2 —* -@2 -3 - ga -#)- 93 -» - g----------------: £ ° (0) > 2 Ko] @ a 10% | ili: i a 2 we a < C7) [a] & 5% T T
010 that compares the USA with other countries on 20 attributes related to economic fundamentals, business climate, human capital and infrastructure. McKinsey compared current status vs. status in 2000. e We augmented the McKinsey study with 9 additional attributes across those aforementioned areas as well
ht a Turnaround Expert Consider? 390 HOUSE_OVERSIGHT_021036 Compared to 10 Years Ago, USA is Losing Competitiveness at the Margin vs. lts Peers e McKinsey conducted a study in 2010 that compares the USA with other countries on 20 attributes related to economic fundamentals, business climate, human capit
your company? Borrow money and make an acquisition. And if the economy is in recession, let the government go into deficit to bolster spending. When the European Union countries met in May to deal with the Greek crisis, they proposed a €750 billion ($900 billion) rescue programme largely consisting of even more bor
ill be all the more important for such countries to pursue structural reforms that will increase productivity. But outgrowing debt is not easy: the McKinsey study found that, out of 32 cases of deleveraging following a financial crisis that it examined, only one was driven by growth. America, which has a
skills shortages are onthe rise: making more of women’s potential can help meet such challenges. Businesses gain a great deal from supporting women. McKinsey’s 2018 report “The Power of Parity” found that companies in the top quarter for gender diversity on their executive teams are 21 percent more likely
Page: HOUSE_OVERSIGHT_023689 →, Beijing has sent con- structive signals. In the first half of this year, Pres- ident Xi Jinping paid the first-ever visit of a Chinese president to the European Union's head- quarters. And last week, at the summit of Asian and European leaders in Milan, Italy, Premier Li Keqiang hosted a special dinner for Barroso an
Page: HOUSE_OVERSIGHT_023699 →Entities connected to both European Union and McKinsey

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