The COVID-19 crisis has revitalized the social contract. For how long?
The massive intervention during 2020 has reversed a trend, effectively reviving the social contract, at least for now.
Tilman Tacke is an economist and partner at the McKinsey Global Institute (MGI). Since joining McKinsey & Company in 2004, he has advised governments, development agencies, and foundations on matters related to economic growth, employment and investment attraction. Through working with the governments of some of the poorest as well as some of the richest economies in the world, Tilman has developed a perspective on the economy as a system and differing institutional setups to govern economic activity.
Tilman joined the McKinsey Global Institute in 2018 and leads its economic growth-related research, with a thematic focus on the economic aspects of the “social contract”, labor markets, and inequality as well as a regional focus on Europe. His recent work includes the analysis of trends across 1,100 regional labor markets in Europe and an assessment of changes to the social contract among developed economies since the beginning of the 21st century.
As a leader of McKinsey’s work in sports, Tilman also advises national football federations and European football clubs on topics related to economic and performance enhancement.