About this videoDr. William Lewis is founding director of the McKinsey Global Institute and author of the book The Power of Productivity. In this interview, hosted by Luis Figueroa, Dr. Lewis explains that poverty continues to be a major problem in the 21st century but that there are examples of societies that have found ways to overcome it. Dr. Lewis argues that consumer-oriented societies and those that fundamentally protect individual rights have been the most successful in achieving high levels of economic development and reducing poverty. Despite the current financial crisis, he believes that Western economic philosophy is not in peril, explaining that from a historical perspective today's economic problems will have only short-term effects. |
Dr. William Lewis is founding director of the McKinsey Global Institute (MGI) and former partner at McKinsey & Company, where he served for 20 years. He is the author of The Power of Productivity which offers a practical look at the wealth gap between rich and poor countries. Prior to being at McKinsey, he served as acting U.S. secretary of energy, principal deputy assistant secretary of defense, associate provost at Princeton University, and senior financial officer at the World Bank. He has written various articles that have been published in the Wall Street Journal, the New York Times, and the Economist. Dr. Lewis is currently chairman of the board of Holy Cross Hospital and a member of the board of the Committee for Economic Development and the George C. Marshall Foundation. Source: www.mckinsey.com |
CreditsInterview with William Lewis by Luis Figueroa
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