World Perspectives

Missing: Economic Resilience

One reason that Vladimir Putin invaded Ukraine was a sense of immunity against reprisal due to external dependence on Russia’s energy supplies and food. He was wrong about the reprisal calculation but not about dependence. The OECD’s Composite of leading indicators (CLIs) point to economic growth losing momentum in Europe. Nationalists fault global interdependence and globalists argue that resilience would be worse without interdependence. Robert Armstrong and Ethan Wu at the Financial Times point to deeper structural hurdles in Europe. According to the OECD, Europeans are substantially more dependent on government pension transfers than are Americans. In fact, Pew Research found that most U.S. households have some level of inv...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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