World Perspectives
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Don't Cry for Geneva

Don't Cry for Geneva Pascal Lamy gave his farewell speech as he departs after nearly eight years of service as the WTO's director general. His departure messages in recent days have been a metaphor for his leadership which has at once been energetic, high-minded and too often wrong. Similar to last week's off-the-mark tirade against the big regional trade agreements that have stolen his thunder (see WPI 19 July), his formal farewell reflects more political convenience than truth-saying, which means a missed opportunity.Mssr. Lamy asserted that trade liberalization is not a weapon but an instrument for economic growth and development among nations. If that were the case, why has the negotiating agenda during his tenure largely been stifled...

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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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