Susan Lund is Director of Research at the McKinsey Global Institute (MGI), McKinsey & Company’s business and economics research arm. Founded in 1990, MGI’s mission is to develop new microeconomic insights into the most important global macroeconomic issues today.
Dr. Lund’s own research focuses on global financial markets and on economic growth. Recent reports have quantified the impact of the recent financial and economic crisis on US household wealth and consumption, assessed the economic consequences of deleveraging in the US and Europe, and examined the long-term growth prospects for African economies. Prior research has examined how the rise of hedge funds, private equity, petrodollars, and Asian central banks is shaping financial markets; assessed the sustainability of the US current account deficit; and analyzed the performance of national financial systems around the world, including those in China and India. Lund also leads research for an annual report on the state of the world’s capital markets. She has authored numerous articles in leading business and academic publications, including Foreign Affairs, Far Eastern Economic Review, Journal of Economic Development, The International Economy, Milken Review, The Financial Times, Forbes, Newsweek International, and The McKinsey Quarterly. She is a frequent speaker at conferences on economics and financial markets.
She joined McKinsey & Company in 1996 in the Washington, DC office as a consultant and worked with a range of investment banks, financial services firms, and international financial institutions. She became a member of the Board of Editors at The McKinsey Quarterly in 2000 and joined the McKinsey Global Institute at the end of 2004 as a Senior Fellow.
Prior to joining McKinsey, Lund held a variety of positions outside the United States with organizations such as the US Peace Corps in the Philippines and in Guinea Bissau, the Fulbright Fellowship program in the Philippines, and the UN Research Institute for Social Development in Southern China.
Lund holds a Ph.D. in applied economics from Stanford University and a B.A.with highest distinction in economics from Northwestern University. She lives in Washington, DC with her husband and two daughters.