Stakeholders, from farmers to governments, must plan ahead. Mckinsey global institute mckinsey infrastructure practice. Meeting the infrastructure challenge with publicprivate partnerships, the boston consulting group, february 20. The next frontier for innovation, competition, and productivity 156 pp. Dec 18, 2016 five years ago the mckinsey global institute mgi released big data. Mckinsey global institute analysis 1 telecom investment need beyond the scope of this paper. The ways we consume energy and produce commodities are changing. Jonathan woetzel, dickon pinner, hamid samandari, hauke engel, mekala krishnan, brodie boland, and carter powis.
These and other findings are from the mckinsey global institute study, and discussion paper, artificial intelligence, the next digital frontier 80 pp. Jul 09, 2017 these and other findings are from the mckinsey global institute study, and discussion paper, artificial intelligence, the next digital frontier 80 pp. Five years ago the mckinsey global institute mgi released big data. The massive need for infrastructure in the emerging and developed. Emerging economies will account for some 60 percent of that need.
Since mckinsey established the global infrastructure initiative gii in 2012, the industry has changed dramatically. Jun 03, 2015 mckinsey global institute report a labor market that works. Projects have grown in both size and complexitythe average project value has increased by nearly 19 percent since 2012, and the number of major projects breaking ground is up 77 percent in that period. Voices on infrastructure global infrastructure initiative. The global credit bubble and its economic consequences. For instance, the mckinsey global institute indicate that data driven organizations are 23 times more likely to acquire customers, six times as likely to retain those customers, and 19 times as. Mgis mission is to help leaders in the commercial, public, and social sectors develop a deeper understanding of the evolution of the global economy and to provide a fact base that contributes to. Mckinsey global institute report a labor market that works. In a followup to its comprehensive 20 report infrastructure productivity. The impact of the internet on economic growth and prosperity 2 exhibit 1 the internet constitutes 3. Advanced economies face the challenge of maintaining extensive transport, power, water, and telecommunications networks and upgrading and modernizing them as growth.
Global infrastructure systems are straining to meet demand, and the spending. Mckinsey global institute analysis 0 20 40 60 80 100 120 140 160 180 200 220 240 1990 1995 2000 2005 2010 2015 house prices mortgage interest rates1 1 3y fixed, 75% ltv, january 2 2014100 for completions. Mckinsey global institute analysis key attributes required global innovation for local markets rapid innovation to meet market needs access to supply chains proximity to demand potential regulation reinforcing local needs regional processing access to raw materials and suppliers transport costs and infrastructure. Four agriculture industry trends could profoundly disrupt the food value chain. Technical note on estimates of infrastructure investment needs oecd. Life is on schneider electric 6 taken together, these four sectors of the economy buildings, data centers, industry, and infrastructure are all undergoing. Mckinsey global institute analysis 4 unleashing productivity through infrastructure jobs are created. Agriculture trends disrupting the food value chain mckinsey. In 2018, gii brings the global infrastructure conversation to. Mckinsey global institute our mission is to help leaders in multiple sectors develop a deeper understanding of the global economy. The project of the future global infrastructure initiative. Mckinsey has published the mckinsey quarterly since 1964, funds the mckinsey global institute research organization, publishes reports on management topics, and has authored influential books on management.
Since its founding in 1990, the mckinsey global institute mgi has sought to develop a deeper understanding of the evolving global economy. Critical to also resolve supply constraints in sync example london source. Real gdp growth, 201217 % cagr3 high high low low global vulnerable relative stability ranking 2017 stable 0 08 10 8. Mckinsey global institute recently published a 45page report, bridging global infrastructure gaps, that lays out some compelling ideas such as enforcing standards on the infrastructure market, creating regulations that provide more certainty for investors, charging users higher fees, capturing property value increases, or selling existing assets and recycling. But there are ways to cut that number down to size.
Cities that have evolved organically over centuries or even. Since 2012, the global infrastructure initiative summit has convened many of the worlds most senior leaders in infrastructure and capital projects to identify ways to improve the delivery of infrastructure and get more out of existing assets. Mckinsey global institute mckinsey infrastructure practice box 1. The best ideas from the 2018 global infrastructure initiative. This transformation could benefit the global economy, but resource producers will have to adapt to stay competitive. Mgis mission is to help leaders in the commercial, public, and social sectors develop a deeper understanding of the evolution of the global economy and to provide a fact base. How could earths changing climate impact socioeconomic systems across the world in the next three decades. The nets sweeping impact on growth, jobs, and prosperity, may 2011 1,376 36 209 395 736 total. Our flagship business publication has been defining and informing the seniormanagement agenda since 1964. Connecting talent and opportunity in the digital age 1. Jul 06, 2018 the following is an excerpt from the mckinsey global institute report, smart cities. Mckinsey, morgan stanley and blackrock love infrastructure. Mckinsey global institute mckinsey infrastructure practice 1 the litany of infrastructure challenges confronting nations around the world is well known and much discussed.
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