Jaana Remes is a senior fellow at the McKinsey Global Institute (MGI), McKinsey's economics research arm. MGI's independent investigations combine McKinsey's microeconomic understanding of companies and industries with the rigor of leading academic economic analyses.
Since 2003, Jaana has led MGI research on productivity and competitiveness. MGI has conducted more than 15 country performance assessments around the globe and developed a unique approach to understanding how managerial decisions and industry dynamics lead to different aggregate outcomes across countries. Current MGI research examines how productivity, cost, and skills mix influence sector-level competitiveness across countries.
Jaana also leads MGI research on energy markets. This work examines energy users across the globe to understand how price and GDP changes impact global energy consumption and identifies opportunities for reducing energy demand growth through higher energy productivity. Most recently, MGI has assessed the near-term balance between demand and supply for oil and other major fuels.
In addition, Jaana has led MGI research examining the process of global industry restructuring across countries and the impact of multinational companies on developing-country economies.
Jaana was previously a McKinsey consultant in San Francisco and Mexico, working with high-tech clients on strategy-related topics.
Prior to joining McKinsey in 1996, Jaana worked as a research fellow and consultant at several international development agencies and universities. She has a Ph.D. in applied economics from Stanford University and a master’s degree in economics and philosophy from the University of Helsinki, Finland.
Why does sector competitiveness vary so widely even within developed economies? Does it just happen or is it a result of specific government policies?