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How To Compete and Grow: A Sector Guide To Policy

McKinsey's Sector Guide to Policy analyzes competitiveness and growth in six industries across eight countries to demonstrate how the public and private sectors may work together to pull out of the global recession. By studying the retail, software and IT services, tourism, semiconductor, automotive, and steel industries in the developed and developing countries, McKinsey found that companies should actively work with government in implementing business strategies, and offered some tips. Those include that the competitiveness of sectors matters more than the mix, service sector competitiveness is key to job creation, and competitiveness in new sectors alone is insufficient to boost economy-wide employment and growth.

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