| Items of Interest:
Ethanol and biodiesel prices and trade polcies are highly distorted, not just in the US but globally -- According to new World Bank report co-authored by CIT Director Bill Ward
Considering Trade Policies for Liquid Biofuels, June 2007, Masami Kojima, Donald Mitchell, and William Ward: This report—which addresses the issues associated with trade in liquid biofuels—is a second ESMAP report on biofuels, and forms part of a broader assessment of bioenergy undertaken by the World Bank. The report asks how liberalizing trade in liquid biofuels might affect biofuel production and consumption. Focusing primarily on ethanol and biodiesel, the report takes a time horizon of the next five to ten years. It outlines the important link between agriculture and biofuels, reviews past and present government policies for agriculture and for biofuels, and considers how these policies might affect the world biofuel market. The report highlights the links among the markets for petroleum products, biofuels, feedstocks, and the byproducts of biofuel processing. It reviews existing studies examining the likely consequences of much larger biofuel production and trade liberalization on biofuels and their feedstocks. It concludes with policy considerations. (Click here for the previous ESMAP report on Potential for Biofuels for Transport in Developing Countries published in October 2005.)
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Energy Efficiency in China: Case Studies and Economic Analysis. Report Number 4 of China: Issues and Options in Greenhouse Gas Emissions Control.
Part 1. Overview of Case Studies and Economic Analysis, by William A. Ward, James B. London and Robert P. Taylor.
Part 2. Energy Efficiency in China: Case Studies.
Compiled by William A. Ward (Clemson University Team Leader), Li Junfeng (Government of China Team Leader), James B. London, Dai Yande, Gary J. Wells and Liu Jingru. Washington: The World Bank, 1994 (Supported by the Global Environment Facility). Reprinted February 2006 by Clemson University Center for International Trade in cooperation with the World Bank.
The Economics of Biofuels
Can biofuel programs be the panacea for all that ails developing countries, from solving foreign exchange shortages to rejuvenating stagnant agriculture and generating huge employment benefits? Not likely. Biofuel production is economical in only limited circumstances or as this World Bank report (on which CIT Director Bill Ward served as an advisor) states, the economics of biofuel production is very site-specific and situation-specific. Thus, South-Central Brazil can produce ethanol from sugarcane at a cost equivalent to oil at $35 per barrel. But few other places in the world can compete with petroleum-based fuels at todays prices even with the price of oil at $60 per barrel.
The World Bank report Potential for Biofuels for Transport in Developing Countries, written by Masami Kojima and Todd Johnson, is available on-line at:
http://wbln0018.worldbank.org/esmap/site.nsf/files/312-05+Biofuels+for_Web.pdf/$FILE/312-05+Biofuels+for_Web.pdf
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Are
US manufacturing jobs going to China? Or are they just
going away? From
1990 to 2005, productivity growth cost the US more manufacturing
jobs -- by far -- than trade competition with China (or
with China plus all other countries combined). Between
1995 and 2002, China itself lost between 15 and 20 million
manufacturing jobs -- much of that to its own restructuring-driven
productivity growth. Over this same period, the global economy
as a whole shed between 20 and 30 million manufacturing jobs.
Between 150 million and 200 million people were employed
in manufacturing worldwide in 2002, with 1/4 to 1/2 of that
total employed within China.
These
findings and more are reported in a new CIT Working Paper: William
A. Ward (August 4, 2005). "Manufacturing Productivity
and the Shifting US, China, and Global Job Scenes - 1990
to 2005" (Adobe Reader File). CIT Working Paper 052507,
Clemson University Center for International Trade.
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On-Line
Interview with Xinhua News Agency, China: Text
of CIT Director Bill Ward's on-line interviews
with Xinhua News Agency of China
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On-Line
Globalization Course: During
the Spring 2005 semester, Clemson offered an on-line
globalization course. The instructor, Gary Wells,
worked closely with Dr. Bill Ward, CIT Director, to
identify an Advisory
Board of business leaders to oversee development
and delivery of the course. Board members made
many useful suggestions on course structure and content. In
particular, they suggested a case study dealing with
a small firm successfully coping with globalization. The
end result was the Hartness
International Case Study , which formed the center-piece
of the course. To find out more about the Advisory
Board and case study click on the above links. The
Globalization course will be offered again in the Fall. For
more information contact Gary Wells at gjwells@clemson.edu.
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The
Cost of Growth: Many
South Carolinians think of their state as “rural.” Rural
attitudes are not a bad thing mind
you—not unless they lead to making inappropriate choices
within an urban environment.
A common
understanding of how these
choices may differ in urban areas compared
to rural areas is one of the things we South Carolinians
need to achieve and to
internalize into our behavior in coming decades. For more see: http://business.clemson.edu/cit/CostofGrowth.htm
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Opportunity
for Outstanding Clemson Undergraduates ~ TORIT
—Training,
Outreach and Research in International Trade.
This program
helps
outstanding Clemson students develop career paths
in international trade and international business.
For more information, see http://business.clemson.edu/cit/TORIT.htm or
contact Dr. Gary Wells at gjwells@clemson.edu.)
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Those
interested in Innovation and Entrepreneurship should consult
the Spiro Center for Entrepreneurial Leadership. See http://business.clemson.edu/Spiro/index.shtml
Assistance
to Small Business is available through the Small Business
Development Center http://business.clemson.edu/sbdc/index.htm
INTERNATIONAL BUSINESS CONSULTING. In conjunction with the Export Consortium (http://www.exportconsortium.com), the Center for International Trade assists companies with the development of international marketing strategies. Interested companies may contact either the CIT Director (waward@clemson.edu) or the Export Consortium Manager of Operations (dcoetsee@exportconsortium.com).
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