World Perspectives

Disagreement

Bali Disagreement No, there is not one yet. In fact, apparently there are still 400+ bracketed sections of the draft ministerial statement for the 9th WTO Ministerial Conference (MC9) meeting in Bali, and negotiators reached agreement on three of them last week. There is broad determination to reach an agreement, but a key issue is the Indian-led effort for a public stockholding effort by developing countries as a food security measure. The problem is that developing countries have agreed to make this mechanism transparent, but are less willing to commit to avoiding negative spillover effects, which translates as dumping surpluses on the global market. Rich countries with deep pockets have direct experience with stockholding and are sk...

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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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