Game Changers: Five Opportunities for US Growth and Renewal. A New Report from the McKinsey Global Institute
On July 17, 2013, CED convened business and civic leaders for a release event featuring the McKinsey Global Institute’s latest report, Game Changers: Five Opportunities for US Growth and Renewal in Washington, DC.
Five years after the start of the global financial crisis, the longest downturn in US postwar history has given way to a lackluster recovery. Structural problems in the US economy--and particularly in the labor market--have been brewing for decades, but have gone unaddressed. However, the United States does not have to resign itself to sluggish growth. New technologies, energy, trade opportunities, and other trends are creating a unique window of opportunity for mobilizing investment and job creation.
To spark a discussion about national priorities and the most effective use of resources, the McKinsey Global Institute, McKinsey's business and economics research arm, sifted through dozens of ideas for re-igniting economic growth. The result is a set "game changers" that can significantly boost GDP, productivity, and job creation by 2020--while building a foundation for prosperity and competitiveness in the decades beyond. The report focuses on five game changers: increased exports of knowledge-intensive manufactured goods; the potential of big data analytics to raise productivity within sectors; shale gas and oil production; increased investment in infrastructure, with a new emphasis on its productivity; and more effective talent development.
Keynote Remarks: Frederick W. Smith, Chairman, President & CEO, FedEx Corporation
- Frederick W. Smith, Chairman, President & CEO, FedEx Corporation
- Michael Chesser, Former Director, Edison Electric Institute; Former Chairman of the Electric Power Research Institute
- Steve Clemons, Founder, American Strategy Program, New America Foundation
- Susan Lund, Principal, McKinsey Global Institute
- James Manyika, Director, McKinsey Global Institute
- Lenny Mendonca, Director, McKinsey & Company
- Steve Odland, CEO, Committee for Economic Development
- Marco Annunziata, Chief Economist and Executive Director of Global Market Insight, General Electric Co.
- Martin Baily, Senior Fellow, Economic Studies Program and the Bernard L. Schwartz Chair in Economic Policy Development
- Tom Kalil, Office of Science and Technology Policy, Executive Office of the President
- Ambassador Susan Schwab, Former United States Trade Representative
- Laura D'Andrea Tyson, S.K. and Angela Chan Professor of Global Management, Haas School of Business, UC Berkeley
Read more about the McKinsey Global Institute’s latest report, Game Changers: Five Opportunities for US Growth and Renewal here.