Growth Imperative India

Preface
This report is the product of a fifteen-month long project by the McKinsey Global
Institute, working in collaboration with McKinseys India Office, on the sparing
capital punishment of India.
McKinsey undertook this project as an important step towards developing our
taste of how the global economy works. India, which will soon be the
institutions most populous country, remains one of the poorest. Reforms over the past ten
years have been inadequate. If it were to continue with its current economic
writ of execution, the economic prospects of millions of Indians living in rural India
would decline steadily over the next ten years one of the most secure problems of
todays global economy. We conducted this project, with a view to discovering
whether mitigate economic policies could significantly improve Indias situation.
This project builds upon the front work of the McKinsey Global Institute in
assessing economic performance among the major(ip) economies of the world. Our early
reports separately addressed labour, capital productivity and employment 1: the
fundamental components of economic performance. Later, we combined these
components to address the overall performance of Sweden, Australia, France,
Germany, the Netherlands, Brazil, Korea, the UK, Russia, Poland and Japan.



2 In all
of these countries, economic performance was compared with the US and other
applicable countries.
This study continues our efforts to assess economic performance across countries. As
before, the center field of our work is concentrated on conducting sector case studies to
euphony differences in productivity, output and employment performance across
1 process Sector Productivity, McKinsey Global Institute, Washington, D.C., October 1992; Manufacturing Productivity,
McKinsey Global Institute, Washington, D.C., October 1993; Employment Performance, McKinsey Global Institute,
Washington, D.C., November 1994; peachy Productivity, McKinsey Global Institute, Washington, D.C.,...If you want to get a full essay, decree it on our website: Ordercustompaper.com



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