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Policy Roundup

World Bank Money Train Outgoing World Bank President Robert Zoellick said he was OK with the BRICS countries seeking to form their own international development lending institution. He said he was "not a monopolist," meaning there is room in the marketplace for more than one lender. Perhaps it is because the BRICS see a vacuum caused by the World Bank's transition from a lending institution to what it calls a "bank of knowledge" (e.g. consultants). However, the larger issue is the fact that each of the BRICS is a borrower from the World Bank, to the tune of over $30 billion, according to the IBRD 2010 Status of Projects and Execution.India is notably the largest, and it also receives IDA grants that do not require repayment. China is sec...

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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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