The Asian century is here. Through our flagship research project, Future of Asia, we found 43 percent of the world’s largest 5,000 companies are Asian, and these firms contribute $19 trillion to the global economy annually. At the same time, global economic profits have declined to an economic loss of $34 billion—and Asia accounts for half of that. Our report dives into the tension points behind this insight: Where has this value gone? What sector reforms are needed? Which countries and industries have the most opportunity to lead? And what do Asian corporations have to do to uncover the $440 billion profit opportunity at stake? We reveal the actionable answers to these questions in our latest Future of Asia report: mckinsey.com/futureofasia
0 Comments