Politicians can make a mess of things, but policymakers typically seek to solve problems. Politicians proclaim a new cold war between China and the U.S.; policymakers see it as a dysfunctional historical period that must be led back to equilibrium. The Chinese are happy with their authoritarian system, the west isn’t going to give up democracy. That means the rules of engagement – meaning trade - must be reflective of those disparate systems. Since all capitalist and democratic societies are impacted the same way by China’s state-run economy, they can decide collectively a different approach than the current one and then implement it. It doesn’t require an unachievable WTO consensus but rather willful j...
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.