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Jonathan Woetzel

Jonathan Woetzel

14 commentaries

Jonathan Woetzel, a McKinsey senior partner, is Director of the McKinsey Global Institute and co-author of No Ordinary Disruption: The Four Global Forces Breaking All the Trends.

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  1. acemoglu32_JIM WATSONAFP via Getty Images_biden tax plan Jim Watson/AFP via Getty Images

    Biden’s Great Tax Rebalancing

    Daron Acemoglu

    US President Joe Biden's plan to overhaul America's outdated and self-defeating corporate-tax structure is as bold as it is necessary. With provisions to level the playing field for workers and end the global race to the bottom, it could revolutionize taxation worldwide, while stemming the increase in US government debt. 

    praises the US administration's corporate tax plan, and explains why its key ingredients matter.
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  2. yu59_CostfotoBarcroft Media via Getty Images_china economy Costfoto/Barcroft Media via Getty Images

    China Still Needs Expansionary Economic Policy

    Yu Yongding

    To consolidate its post-pandemic growth momentum in 2021, China should not be in a rush to exit from expansionary fiscal and monetary policy. The government may have to issue more bonds than planned, and the People’s Bank of China may need to implement quantitative easing to facilitate this. 

    explains why the authorities should not rush to tighten their fiscal and monetary stance.

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