The activist community wonders why there can be food waste and hungry people at the same time. They want the rich countries to solve the problem, but it is more complex than waving a magic wand. First, it is unclear that the data regarding food waste is correct. Economic theory suggests that price is a driving factor. The lower the relative cost, the higher the abundance and thus the propensity to waste what is unneeded or deemed in excess. However, based on the data available, Nigeria has both high food costs and very high food waste. The correlation of food waste to food costs as a share of disposable income yields a result of just 0.4, which is a somewhat weak indicator. Food tends to be wasted more in rich countries at the consumer lev...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.