World Perspectives

Non-Trade Representative; FDI Environment

Non-Trade Representative U.S. Trade Representative Katherine Tai is a lawyer by training, not an economist – and it shows. She is blaming globalization and the competition that entails for forcing “harmful” consolidation of businesses in the U.S. and abroad. Economists would not see competition as harmful, nor even most consolidations. Her pairing of international competition and domestic antitrust policy is a dangerous direction. It implies more protectionism to enable breaking apart conglomerates. If that is the policy goal, economists know this will lead to a future of higher prices and a lower standard of living. Her title should be changed to U.S. Non-Trade Representative. However, one must give credit to the WTO. It...

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From WPI Consulting

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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