World Perspectives

ICT’s Importance; Future U.S. and EU Agriculture; LEADS Act

ICT’s Importance A decline in the growth rate of total factor productivity is common in mature economies even as government policies seek to accelerate it as a means of increasing wealth. The EU is seeking to tax America’s information and communications technology (ICT) companies while concurrently proposing subsidies to build its own. The value of this strategy is revealed in analysis (Transatlantic Technologies: The Role of ICT in the Evolution of US and European Productivity Growth; NBER Working Paper 27425) by Robert Gordon (Northwestern University) and Hassan Sayed (Princeton University). Rather than look at the larger economy, the economists looked specifically at 27 ICT-intensive industries in the services sector and fou...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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