Subsistence Is Not Enough


Jan 12 , 2025
By Kweilin Ellingrud , Marco Piccitto and Tilman Tacke


In 1990, more than one-third of the global population lived below the World Bank's extreme poverty line (2.15 dollars a...






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By Kweilin Ellingrud ( Kweilin Ellingrud is a senior partner at McKinsey & Company in Minneapolis and a director of McKinsey Global Institute. ) , Marco Piccitto ( Marco Piccitto is managing partner of McKinsey & Company’s Mediterranean office in Milan and chair of the McKinsey Global Institute Council. ) and Tilman Tacke ( Tilman Tacke is a partner of McKinsey Global Institute in Madrid. )




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