World Perspectives

Decoupling or Redirected; Take, Don’t Give

Decoupling or Redirected There is much academic debate over whether U.S.- China trade has been decoupled, or merely redirected with Chinese goods diverted through other countries such as Mexico and Thailand. Part of the problem is using correlation to assume causation. Researchers at Penn State (NBER Working Paper 31922) conclude that it is more complex. There is some diversion but they found that comparative advantage is at play more than the tariffs that Washington imposed on China. They also found that capital intensive goods were more adversely impacted than more agile products, and that countries that have increased their exports to the U.S. have concurrently increased their sales to other countries.  Meanwhile, China has begun...

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From WPI Consulting

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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