Growth under pressure - What business can do to restart growth

Adversity can be a great motivator.  Confronted by oil shocks in the 1970s, governments and businesses together initiated a wave of innovation that boosted the supply and productivity of resources from energy to agriculture.  This achievement set the stage for a 30-year decline in resource prices.  Something similar is needed today - urgently.

Bring private capital to public works, strengthen internet ecosystems, meet the resource-productivity imperative, close the skills gap, build public–private partnerships.  Does this have an application in New Zealand? ... READ MORE

Presented by McKinsey Global Institute September 2011.