World Perspectives

Vietnam versus China; Surprising Chinese Transparency

Vietnam versus China They are both Communist-governed countries, but China more centrally controls its economy than does Vietnam. Beijing rationalizes its control as a socialist market economy (SME), whereas Hanoi is less interested in dirigisme, choosing to micromanage much less. In fact, while Beijing announced earlier this year a liberalization in foreign investment rules, it is Vietnam that is opening more broadly. Foreign ownership of Chinese equities traded on stock exchanges has been stuck at 2 percent, according to the China Daily. Investment in agricultural food processing and beverage manufacturing can only be done through joint ventures where foreign investors are limited to minority roles. By contrast, foreign investors own ne...

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From WPI Consulting

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

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