World Perspectives

More BRICS, Same Problems

The BRICS Group, a club of nations with the goal of tilting the international order away from the West, has invited six countries to join and make it an unhappy family of eleven. We previously noted the shortcomings of the original BRICS and the new cousins have similar genetic defects:  Argentina: Has been fiscally irresponsible and so focused on redistribution that it overlooked the importance of productivity gains. Egypt: Perennial autocratic military regime with corruption and other misdeeds keeping a third of the population in adject poverty.  Ethiopia: Domestic violence so concerning that the U.S. is providing temporary protected status for its refugees. Food is a problem too. Iran: A theocratic regime that operates outs...

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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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