World Perspectives

Band-Aids in Bali

Band-Aids Promoted Countries continue to meet in Geneva in an effort to find agreement on the food security proposal from the G33 developing countries. The goal is to adopt something at the ministerial meeting in Bali in December. The G33 wants additional policy flexibility (read protectionism) in order to manage their centralized food subsidy programs. The end game is some kind of compromise over policy space (e.g. ability to veer from current trade disciplines), and safeguards or constraint mechanisms to reduce the accompanying market distortions. However, the whole discussion involves salving the symptoms rather than curing the underlying disease prevalent in most of the G33 countries – poor governance and too many constraints on th...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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