To complement research on the impact of aging on household savings and consumption behavior in developed countries, MGI examines how trends such as urbanization and the rise of new consumer classes in the developing world, particularly in China and India, will impact business and societies.
If you've got it, spend it: Unleashing the Chinese consumer By pursuing a more aggressive program of comprehensive reform, China's leaders could raise private consumption above 50 percent of GDP by 2025, bringing the consumption rate in line with other Asian countries and vaulting China's economy into a new phase. A more consumer-centric economy would generate more jobs, allocate capital and resources more efficiently, spread the benefits of growth more equitably, and also enrich the global economy with $1.9 trillion a year in net new consumption. Read more Launch this report (PDF - 839 KB) 启动本报告
Will U.S. consumer debt reduction cripple the recovery? U.S. consumers are spending less and saving more. Unless incomes grow faster, each percentage point increase in the saving rate would reduce spending by more than $100 billion—a serious drag on any recovery. Read more
Beating the recession: Buying into new European consumer strategies
European consumers have already cut back their spending in response to the economic downturn, and signs of an even deeper retrenchment are present. Businesses need to tune into and sharpen their awareness of evolving consumer attitudes and tactics if they are to survive the recession and position themselves for economic recovery.
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Talkin' 'bout my generation: The economic impact of aging U.S. Baby Boomers
Baby Boomers will shape the U.S. economy over the coming decades as they age and retire. Read more Launch slideshow
Will U.S. consumer debt reduction cripple the recovery?
U.S. consumers are spending less and saving more. Unless incomes grow faster, each percentage point increase in the saving rate would reduce spending by more than $100 billion—a serious drag on any recovery.
Most U.S. baby boomers are not prepared for their retirement. Boomers can help mitigate the consequences by remaining in the workforce beyond the traditional retirement age. That will require important changes in policy, business practices, and personal behavior.
Understanding European consumers' recessionary savings tactics A slideshow offers insights on how consumers have responded to the past and current economic downturns and how businesses can align themselves with evolving customer behavior during the recession and position themselves for economic recovery. View slideshow
Urbanization in China: Test your knowledge Understand the implications of China's urban planning decisions through an interactive quiz simulating the impact of choices made by city mayors in China. Launch interactive quiz
Video presentation of findings A video presentation of the findings of MGI research on China’s urbanization brings to life the opportunities and challenges of China's urban growth. Watch a video
Visualizing alternatives for China's urban growth An interactive graphic highlights four-alternative scenarios for urbanization in China and the potential impact on the economy, natural resources, transport, floor space, jobs, and skills.
View Interactive graphic overview
