World Perspectives

Novel on Notification; Party sans Substance; Waste No Profit

Novel on Notification Hats off to the U.S. Trade Representative (USTR) for developing a novel approach to remedying what is otherwise a problem of unaccountability in the WTO – notification. The Trump administration singled out agriculture, fisheries subsidies and technical barriers as areas where WTO members fail to make required information submissions in a timely manner. A WTO Agriculture Committee report documents that one-third of the WTO’s members have yet to notify their 2013 domestic support measures. USTR proposes that countries falling behind in their transparency obligations face an escalating list of sanctions from loss of leadership positions in the organization to ultimately an “inactive” designation...

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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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