World Perspectives

Polarized WTO; Nonautomatic Market Economy; Free Trade Diversion

Polarized WTO It is not just politics in the U.S. and Europe that are polarized – so is the global trading system. India plans to host developing country members of the WTO at a meeting next week in New Delhi to discuss how to boost their advantage in the organization. India and others correctly note that the rich countries are allowed greater subsidies for their agriculture sectors. However, this was the Uruguay Round outcome because developing countries lacked the cash for subsidies and so instead tend to have much higher tariff and nontariff border protections than rich countries in order to artificially spike domestic farm prices. Now that India and her ilk are richer, they want more subsidies while maintaining their ability to k...

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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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