World Perspectives

Economy Needs Fuel

Growth is slowing in the major economies (see survey graph below), and stimulus is needed to move back into a higher gear. The European Central Bank changed its guidance this week, suggesting another rate cut could occur even as its key interest percentage is set at zero. Bank President Mario Draghi wants fiscal spending to increase, especially in Germany. As the largest economy in Europe, Germany is heavily dependent on export markets and has been hurt by the geopolitical uncertainty imposed by Donald Trump. The Germans are hugely frugal, but 62 percent of the top economists surveyed by the Initiative on Global Markets say, “When the economy is operating below its potential and monetary policy is at the effective lower bound, fiscal...

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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.

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