World Perspectives

Historical Migration Economics

The FAO is set to release 2020 data on land clearing in Brazil but important to understanding the dynamic is its economics. University of Michigan economist Sebastian Sotelo and NYU’s Heitor Pellegrina find that Brazilians marching westward starting in the 1950’s is not unique in the human experience. The tripling of Europe’s population during the middle ages converted grasslands and forests. Western migration in the U.S. during the 18th and 19th centuries did the same. The Chinese more recently shifted from rural to eastern manufacturing and exporting centers.   In the case of Brazil, the focus on soybeans, corn and beef helped to exploit comparative advantage relative to global demand. Notably, the authors fin...

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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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