Economic momentum has shifted and will continue to move from the developed to the developing world, reveals McKinsey’s latest survey on economic conditions.
The McKinsey survey was conducted with 1,499 executives across regions, and points out that a majority of executives indicated global economic conditions have improved in the past six months.
Improved global economic conditions
According to the survey, for the first time, a majority of executives have reported better global economic conditions since McKinsey initially posted the question in March 2012.
The survey points out that as of September, executives in developed economies are markedly more upbeat than their emerging-economy peers about conditions at home.
However, across all regions, 53% of all respondents agree that global economic conditions have improved. This can...
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