Sovereignty’s Trap Beijing, Brussels, Washington, and other capitals are using the pandemic to rationalize a rush toward national self-sufficiency, but it will not be without a price. The ultimate poster child for having very short supply chains is Argentina. Peronists have spent decades perfecting import substitution schemes with the result being very little external competition, and thus relatively unsophisticated manufacturing. Argentina is now uncompetitive in about everything except agriculture, and now this main source of foreign exchange is threatened this year by drought. The rush to reshoring could slow global productivity gains and thus real economic growth for years to come. Sustainability’s Trap U.S. Represe...
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.
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...