Richard Dobbs is senior partner at McKinsey & Company’s London office and a director of the McKinsey Global Institute, the business and economics research arm of the international consulting firm. He is an Associate Fellow of the Said Business School at Oxford University. He is co-author of Value: The Four Cornerstones of Corporate Finance and, most recently, No Ordinary Disruption: The Four Global Forces Breaking All the Trends. On Twitter: @richard_dobbs.

Writing in the Cairo Review