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An overview of the major themes in the Quarterly's third issue of 2005 discusses McKinsey's most recent Global Survey of Business Executives, which reveals surprising divergences of opinion about growth and risk. Regional or industry perspectives explain most of these differences. The issue also includes articles on topics such as the economics of aging populations and global champions from the developing world.
According to the company leaders that responded to the McKinsey global survey, these are times of both heady growth opportunities and sobering risks to growth.
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US investment banks are cutting costs by shrinking employment, but they can trim other types of spending without causing serious damage to their culture or morale.
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