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

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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