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The WB study can be downloaded as a pdf file here.

The study referred to in Le Monde is from May 2005; this is a new one (November 2005).

No, I haven't read it. But here's an idea: what if the WB thought the May study was wimpish with only $18.2bn gains a year, and that world opinion might legitimately ask what all the fuss was about for so little gain? And what if the November study (with new, improved $300bn a year!!!) came out just in time to bolster the free trade case at the Hong Kong talks?

(Of course, this is just idle snark, because the World Bank is an extremely serious etc etc...)

by afew (afew(a in a circle)eurotrib_dot_com) on Tue Nov 15th, 2005 at 03:43:13 AM EST
[ Parent ]
Well, the number are not so different (see my comment below) - but remember that journalists are easily confused between speed and acceleration of wealth creation...

The political agenda on the trade talks is obvious. Also obvious will be France's role as the scape goat for failure.

Tony Blair said that he would "do anything" to make the round succeed. Why isn't he then giving the silly French their stupid 2 billion euros if that's all that blocks a 300 billion per year windfall? They can then be blamed for being cheap while he is statesmanlike. Win-win...

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Tue Nov 15th, 2005 at 03:49:31 AM EST
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Perhaps Bliar hadn't yet read the $300bn number the WB has now come up with!

In fact I think (like you) there's a lot of grandstanding going on. That includes Bush's offer, which I haven't seen much examination of (for the moment, in the real world, his record is of increasing US farm subsidies), and Bliar's attitude too. No one really believes the Doha Round will introduce global agricultural free trade. The question is what political capital can be made out of the following blame game., that's all.

by afew (afew(a in a circle)eurotrib_dot_com) on Tue Nov 15th, 2005 at 04:20:56 AM EST
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I wouldn't be surprised if that is his policy, even if it doesn't work, you're right it puts forward to the accession nations that Britain wanted a deal, (both on trade and the budget), and frames France as being recalcitrant. I do think that it's more to do with Blair's view on `his legacy' rather than truly about a deal.
by ------- on Tue Nov 15th, 2005 at 07:00:49 AM EST
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