Advanced Economies’ Missing Link (Project-Syndicate)

After a decade of recovery from the 2008 financial crisis, aggregate economic indicators across the OECD are looking bright, with GDP continuing to grow and employment reaching record levels. So why is public sentiment in the advanced economies so gloomy?

Sven Smit is a senior partner at McKinsey & Company and a co-chair of the McKinsey Global Institute – Anu Madgavkar is a partner at the McKinsey Global Institute