World Perspectives

Worse than Agriculture

The agriculture sector is under strong criticism for its harm to the environment. Multilateral disciplines on agricultural subsidies are considered too weak, but at least they exist. The damage caused by subsidized fishing is less obvious to the layman because it lies under the sea. One study concludes that two-thirds of the world’s 4,714 fisheries are compromised and there is the risk of a global fisheries collapse.  Like other areas of government induced marketplace distortions, there are currently WTO negotiations to discipline fisheries subsidies. The goal is to conclude something by year’s end but there are many hurdles. Countries cannot even agree on the negotiating process, let alone agreeing on what is a fish and w...

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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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