World Perspectives

Dissecting China; Tech War and Agriculture; Election and Trade Questions

Dissecting China Asian financial analyst Stewart Paterson presented his new book, China, Trade and Power, at the free trade-focused Center for Strategic and International Studies last week. In the book, he argues that the West was unprepared for the impacts of China’s accession into the WTO and must now employ market-rebalancing mechanisms. Western government motives were noble (political change in China) even if unrealized, while Western multinational corporate goals were a bit more self-serving. For China, the result would be foreign direct investment, acquisition of technological know-how, and export markets. Paterson calls the result the largest labor and regulatory (Chinese pollution) arbitrage in history. It is now hard to ima...

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Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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