The Biden Administration has said it is not interested in negotiating new trade agreements until the U.S. makes investments in things like infrastructure to better enable Americans to compete. However, the data does not support such conditionality. China makes an outsized investment in infrastructure at over 5.5 percent of GDP but has a trade surplus that is only about half the size of Germany’s despite the latter investing just one-eighth as much GDP into infrastructure. Italy invests a smaller share of GDP into infrastructure than the U.S., and yet runs a trade surplus versus America with the largest trade deficit in the world. Looking at the countries with some of the largest trade surpluses and trade deficits, the correlation to...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.