Matt Banholzer

Aug 23, 2024 | mckinsey.com | Ari Libarikian |Chris Hagedorn |Matt Banholzer |Ryan Nguyen

In recent years, the world has experienced significant disruptions to the global economy—with lasting effects. Elevated inflation, though easing in some parts of the world, remains a serious issue, and heightened geopolitical tensions show no signs of dissipating. High interest rates continue for now, and volatile commodity prices also persist. It’s become increasingly clear that these disruptions may not be temporary; rather, they are likely sticking around for the foreseeable future.