World Perspectives

Argentina’s Economy One Year after Milei

A look at Argentina’s fiscal and economic policy is instructive on two levels. First, understanding its impact for Argentina’s position in ag commodity trade, and second as a policy analog. President-elect Trump will create the new Department of Government Efficiency (DOGE) which will be part of the Office of Management and Budget (OMB) and has announced that Elon Musk and Vivek Ramaswamy will be DOGE’s leaders. Recently, Musk said Argentina had made "impressive progress,'" while Ramaswamy said that the U.S. needed "Milei-style cuts on steroids." Both comments were posted on the social media platform X (which Musk owns).Argentine President Javier Milei was elected in October 2023 and assumed office on 10 December 2023. Milei is a supply sid...

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Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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