Takes One to Know One Chinese President Xi Jinping said this week that “mounting unilateralism, protectionism and bullying…” are adding risks and uncertainties to the world economy. Indeed, that was President Donald Trump’s whole strategy – to use the economic and military might of the U.S. to extract trade and foreign policy concessions from other countries. The approach invited the enmity of most other countries and arguably backfired as it converted more support for China. Yet, China's broad attacks on Australia specifically characterizes Trumpian style bullying. Indian economist Mihir Sharma says that China has made it clear that “it intends to weaponize dependence on its massive economy.” If...
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.