Two key conditions for a post-pandemic economic recovery

May 7, 2021

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

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

a chart showing the impact of covid on business

Figure 3 The COVID-19 pandemic and responses of firms could exacerbate structural demand drags Image: McKinsey&Company

a chart showing how people see the long term impact of covid

Figure 4 Could productivity growth accelerate after the COVID-19 crisis? Image: McKinsey&Company

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