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How Have Digital Currencies Worked Around the World?

Despite the potential benefits of a U.S. CBDC, it remains a concept for now. Around the world, other countries are a little further along with digital currencies. According to the Atlantic Council’s GeoEconomics Center’s Central Bank Digital Currency (CBDC) Tracker, 10 countries have fully launched a digital currency, and China is on course to expand […]

Human rights policy statement

This statement is McKinsey & Company Inc.’s global human rights policy statement. As this policy statement currently covers elements of the Act on Corporate Due Diligence Obligations in Supply Chains (“LkSG”), this statement will be updated from time to time with the results of our ongoing risk assessments. The principles set out herein apply to […]

Political and social environment

This is a non-market factor but it can still greatly impact a business. The political-legal environment is a combination of a lot of factors such as the current political party in power, the degree of politicization of trade and industry, the efficiency of the current government, government policies, current legal framework, the public attitude towards the economy, etc. All […]