To Trade or Not to Trade Trade was already a hot political button before the pandemic heightened by large trade imbalances with China, but it became even hotter with COVID due to the hording of personal protective equipment. Shorten the supply chains became the mantra but even that is not a clear solution. As noted by Bloomberg, a study by the Asian Development Bank found that countries integrated into complex value chains were more economically damaged by the global downturn than were more autonomous countries, though the difference was small (5.5 percent). By contrast, the OECD looked at a different set of countries and found that highly integrated countries were better able to absorb the shock. Distance is not the distinguishing factor...
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...