@MForstater As you know, Swiss piece is an attempt to get beyond Zambia story and understand if there's a broader problem. Clearly there is.
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Replying to @alexcobham
@MForstater Swiss prices appear abnormal at both ends; hence the margin especially so.1 reply 0 retweets 0 likes -
Replying to @alexcobham
@MForstater If we write off all Swiss-declared prices as 'extraordinary', the problem doesn't go away. Much though you might like it to!1 reply 0 retweets 0 likes -
Replying to @alexcobham
@MForstater You'd agree, I hope, that some the scenarios I suggested have implications for dev country exporters' potential to benefit...1 reply 0 retweets 0 likes -
Replying to @alexcobham
@MForstater ...even though I specifically excluded the cases which bear directly on their getting a fair price originally.1 reply 0 retweets 0 likes -
Replying to @alexcobham
@MForstater My view, fwiw, is that only by further research can we hope tovbe more confident about nature of pricing and scale of losses.1 reply 0 retweets 0 likes -
Replying to @alexcobham
@MForstater Simply ignoring the Swiss prices as 'extraordinary' - despite the consistent pattern over time, countries and commodities...2 replies 0 retweets 0 likes -
Replying to @alexcobham
@alexcobham Don't ignore them. But multiplying those prices by volumes of exports that go no where near Switzerland does not add information2 replies 0 retweets 0 likes -
Replying to @MForstater
@alexcobham & 'framing' the resulting composite no. so that it can easily be misunderstood as implying smething else takes away information1 reply 0 retweets 0 likes -
Replying to @MForstater
@MForstater am sorry you see it that way. Out of interest, do you think this area worth exploring at all?1 reply 0 retweets 0 likes
@alexcobham Yes, I think its worth exploring (and communicating robustly).
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