World Perspectives

Atmanirbhar Bharat Abhiyan

U.S. agriculture representatives returning from a trade mission to India are all excited about their prospects for boosting sales to the world’s most populous country. They are likely suffering from what the great psychologist and behavioral economist Daniel Kahneman called focusing illusion. India claims to be food insecure and demands the use of trade destabilizing mechanisms such as food stockholding, but it is among the world’s top 10 exporters of food. Its exports are down this year due to adverse weather, but New Delhi is acutely focused on food self-sufficiency and boosting exports to help its farmers.  The Dominican Republic, which has the same per capita income as India but only 0.79 percent of the population is a...

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Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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