Two key conditions for a post-pandemic economic recovery

A man wearing a protective face mask walks in front of a currency exchange bureau advertisement showing an image of the U.S. dollar amid the coronavirus disease (COVID-19) pandemic in Cairo, Egypt May 5, 2021. REUTERS/Amr Abdallah Dalsh - RC2O9N9NA76Z

Image: REUTERS/Amr Abdallah Dalsh

Hans-Helmut Kotz
Visiting Professor, Harvard University
Jan Mischke
Partner, McKinsey Global Institute
Sven Smit
Senior Partner, McKinsey & Company
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Figure 1 Our sector analysis indicates potential for incremental productivity growth of approximately one percentage point per year through 2024. Image: McKinsey&Company
a chart showing where growth will be felt
Figure 2 Surveyed executives expect acceleration on most drivers. Image: McKinsey&Company
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Figure 3 The COVID-19 pandemic and responses of firms could exacerbate structural demand drags Image: McKinsey&Company
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Figure 4 Could productivity growth accelerate after the COVID-19 crisis? Image: McKinsey&Company

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COVID-19Geo-economicsEconomic ProgressInequality
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