Ronald Reagan famously said, “If you want more of something, subsidize it; if you want less of something tax it.” Some countries are moving forward with taxes on technology companies. After all, they are big, rich and offer up an easy fillip on government revenues. However, it can also be short-sighted in terms of broader economic advances. Understanding the benefits of Information & Communications Technology (ICT) can be difficult. After all, it costs relatively little and thus conventional models undervalue its contribution to GDP. Yet its low cost is what democratizes its benefits. It does not require a lot of GDP to acquire its benefits. As a result, over half the world’s population has access to the internet. Its...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.