World Perspectives

Inefficient Redistribution Policies; Overwhelming Complexity

Inefficient Redistribution Policies Researchers point out that governments use trade policies to redistribute income even though it is less efficient than using taxes because those invested in the protectionism are more likely to sustain it despite changes in political regimes. The pandemic has reinvigorated direct income transfers to individuals in the U.S. but by utilizing borrowed money. In essence, it is the affluent that are more burdened by the future debt and the crisis prevents them from objecting. However, this adds to the cost of borrowing and since there are practical limits to debt, it is also unsustainable. Meanwhile, European Central Bank Governing Council member Klaas Knot says the interest rate could be cut again to stop th...

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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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