Talking to UN/WTO on Aid for Trade

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Giving a 1-hour talk on June 3 to Intracen on modeling to increase impact of Aid for Trade. Will share what happens. Turns out that this approach is offering a simple theory of how the trade system actually functions – traders generate demand to export goods (services are different), which have to pass through borders at which capacity is determined by physical and staffing constraints. In developing environments, ‘negative’ factors disable some part ...

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Benchmarking danger!

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Big accounting firm asked about staffing models [see video, from time 22.00 ] to replace dumb benchmarking [that is: best-in-class leverage – partners:juniors ratios – for each type of business?] Benchmarking is worse than useless, it is dangerous.

Like all these big accountants and other professional firms they have several lines of business [audit, tax, advisory, M&A …] each needing a different mix of juniors, managers and partners. This is a classic dynamic-model issue, with ...

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