World Perspectives

Past is Prologue; AMLO’s Advice; Chinese Land Grab

Past is Prologue Jeffrey Garten is a Yale University dean and a former official in four different U.S. administrations. His latest book, Three Days at Camp David: How a Secret Meeting in 1971 Transformed the Global Economy, covers the past but is applicable to the global economy today. Like the global economic crisis in the early 1970’s, today’s dislocation involves the dollar. By the 1970’s, Europe and Japan had become a significant share of the global economy, but the dollar remained tied to gold and made the U.S. uncompetitive. The trade deficit was exploding. Once again, the global economy has outgrown the policy foundation. Garten quotes then Treasury Secretary John Connolly making the Trump like remark, “Let&r...

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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.

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