World Perspectives

Cash Distortions; War on Vocabulary; Economic Growth Factors

Cash Distortions The U.S. International Trade Commission ruled today that olive imports from Europe are injuring domestic producers. Antidumping/countervailing duties (AD/CVD) of nearly 35 percent will become applicable on 24 July. The EU worries that the case sets the precedent that the Common Agricultural Policy’s (CAP’s) direct payments, considered Green Box under the WTO, will be categorized as market-distorting. It should be noted that econometric runs find distortions whenever farmers receive a chunk of cash. Separately, the G-33 group of developing nations called on the WTO to move forward on its demand for greater rights to impose barriers against imports (special safeguards provisions).   War on Vocabulary Maj...

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Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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