Asian corporations now account for 43% of the world’s largest 5,000 companies, contributing $19 trillion in revenue to the world economy every year. My colleagues at the McKinsey Global Institute crunched the numbers: ** Asia was the destination for $1 of every $2 in new investment in the past decade; 43 percent of the world’s top 5,000 firms by revenue are headquartered in the region. ** The capital influx has not resulted in higher economic profit; Asia accounts for half of the deterioration in global economic profits from $726 billion to an economic loss of $34 billion from 2005-07 to 2015-17. ** The decline in global economic profitability over the decade largely reflects the cyclical energy and materials sector, European finance, and Chinese capital allocation to value-destroying sectors. ** Pockets of economic-profit-generating excellence can be found in several sectors across Asia. The opportunity: Asia could unlock $440 billion of incremental economic profit from two major levers: turning around troubled companies and capturing companies’ latent potential to create more profit champions. Read more here: https://lnkd.in/f_8CMkg #Asia #economy #investment …see more