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Fairtrade And Market Failures In Agricultural Commodity Markets
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Book Synopsis "Fairtrade" and Market Failures in Agricultural Commodity Markets by : Loraine Ronchi
Download or read book "Fairtrade" and Market Failures in Agricultural Commodity Markets written by Loraine Ronchi and published by World Bank Publications. This book was released on 2006 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper concerns an NGO intervention in agricultural commodity markets known as Fairtrade. Fairtrade pays producers a minimum unit price and provides capacity building support to member cooperative organizations. Fairtrade's organizational capacity support targets those factors believed to reduce the commodity producer's share of returns. Specifically, Fairtrade justifies its intervention in markets like coffee by claiming that market power and a lack of capacity in producer organizations 'marks down' the prices producers receive. As the market share of Fairtrade coffee grows in importance, its intervention in commodity markets is of increasing interest. Using an original data set collected from fieldwork in Costa Rica, this paper assesses the role of Fairtrade in overcoming the market factors it claims limits producer returns. Features of the Costa Rican input market for coffee permit a generalization of the results. The empirical results find that market power is a limiting factor in the Costa Rican market and that Fairtrade does improve the efficiency of cooperatives, thereby increasing the returns to producers. These results do not depend on the minimum price policy of Fairtrade and therefore can inform on its organizational support activities. Finally, the results also suggest that producers selling to vertically integrated, multinational coffee mills face lower producer price 'mark-downs' compared with domestically owned non-cooperative mills. This result contradicts the popular view that the increasing concentration of vertically integrated multinational firms accounts for a decline in producers' share of coffee returns.
Book Synopsis Fairtrade and Market Failures in Agricultural Commodity Markets by : Loraine Ronchi
Download or read book Fairtrade and Market Failures in Agricultural Commodity Markets written by Loraine Ronchi and published by . This book was released on 2016 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper concerns an NGO intervention in agricultural commodity markets known as Fairtrade. Fairtrade pays producers a minimum unit price and provides capacity building support to member cooperative organizations. Fairtrade's organizational capacity support targets those factors believed to reduce the commodity producer's share of returns. Specifically, Fairtrade justifies its intervention in markets like coffee by claiming that market power and a lack of capacity in producer organizations 'marks down' the prices producers receive. As the market share of Fairtrade coffee grows in importance, its intervention in commodity markets is of increasing interest. Using an original data set collected from fieldwork in Costa Rica, this paper assesses the role of Fairtrade in overcoming the market factors it claims limits producer returns. Features of the Costa Rican input market for coffee permit a generalization of the results. The empirical results find that market power is a limiting factor in the Costa Rican market and that Fairtrade does improve the efficiency of cooperatives, thereby increasing the returns to producers. These results do not depend on the minimum price policy of Fairtrade and therefore can inform on its organizational support activities. Finally, the results also suggest that producers selling to vertically integrated, multinational coffee mills face lower producer price 'mark-downs' compared with domestically owned non-cooperative mills. This result contradicts the popular view that the increasing concentration of vertically integrated multinational firms accounts for a decline in producers' share of coffee returns.
Book Synopsis Agricultural Commodity Markets and Trade by : Alexander Sarris
Download or read book Agricultural Commodity Markets and Trade written by Alexander Sarris and published by Edward Elgar Publishing. This book was released on 2006-01-27 with total page 492 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book argues that the viability of many observed market and non-market interventions in agricultural products worldwide depends considerably on the underlying behaviour of the relevant commodity markets. Many of these policies have had distortive impacts, resulting in much discussion and controversy in the context of the World Trade Organization (WTO) Doha Round of trade negotiations.
Book Synopsis Commodity Market Reforms by : John Baffes
Download or read book Commodity Market Reforms written by John Baffes and published by World Bank Publications. This book was released on 2001-01-01 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: Agricultural commodity markets in many developing countries are being reformed and are being based on market forces rather than regulated prices and official monopolies. This book discusses reforms in the markets for cocoa, coffee, cotton, grains, and sugar and looks at the reasons for success and failure.
Book Synopsis The World Bank Legal Review, Volume 5 by : Hassane Cisse
Download or read book The World Bank Legal Review, Volume 5 written by Hassane Cisse and published by World Bank Publications. This book was released on 2013-11-26 with total page 690 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume explores the potentially transformative role of effective laws and legal institutions in providing people with more opportunity that is both inclusive and equitable.
Book Synopsis Fair Trade Without the Froth by : Sushil Mohan
Download or read book Fair Trade Without the Froth written by Sushil Mohan and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Theory of Fair Trade; Is Fair Trade Free Market?; Benefits & Detriments of Fair Trade; Alternatives to Fair Trade; Fair Trade as a Long-Term Development; Conclusion.
Book Synopsis Econometric Analysis of European Food and Agricultural Trade in a Liberalized and Integrating Global Economy by : Heiko Dreyer
Download or read book Econometric Analysis of European Food and Agricultural Trade in a Liberalized and Integrating Global Economy written by Heiko Dreyer and published by Cuvillier Verlag. This book was released on 2017-03-02 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: As indicated by the high level of food prices and volatility thereof, the international food and agricultural trade has been characterized by increasing uncertainty in recent years. Macroeconomic fluctuations seem to affect food and agricultural markets more strongly than in the past. The liberalization of agricultural policy, especially in industrialized countries, and the integration of world markets expose actors on domestic as well as on foreign markets to increased exchange rate and price fluctuations. This book investigates the determinants of food and agricultural trade flows of European countries using various econometric approaches. Where each of the chapters focuses on a particular issue, the overall topic of the first part of this book is to identify by what means the trend towards general liberalization and especially European integration has affected the amount of bilateral trade. Moreover, in the second part the book investigates the strategic pricing behavior of European producers in a liberalized global economy and elaborates how this behavior effects trade flows.
Book Synopsis Speaking Justice to Power by : Kim Forss
Download or read book Speaking Justice to Power written by Kim Forss and published by Transaction Publishers. This book was released on 2014-09-08 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: Efficiency, economy, and equity are policy goals pursued by governments around the world, but analysts and evaluators have devoted more effort to measuring and evaluating the first two. In Speaking Justice to Power, contributors examine the concept of equity, the role it plays, and its application in policy evaluation. Here some of the most valuable thinkers in the area of policy studies address key questions: How should evaluators develop criteria for measuring equity as they analyze both program and policy implementation as well as their impacts? What distinctions among people should be taken into account when measuring and valuing impacts? What sorts of data should be used to analyze processes and impacts in different settings? How might such data be validated? The contributors employ grounded-theory thinking as they translate key ethical principles into their work and draw important lessons from their experiences. The work discusses equity in interventions addressing a variety of social and environmental problems. This volume continues the fine tradition of Transaction’s Comparative Policy Evaluation series.
Book Synopsis Handbook of Research on Fair Trade by : Laura T. Raynolds
Download or read book Handbook of Research on Fair Trade written by Laura T. Raynolds and published by Edward Elgar Publishing. This book was released on 2015-02-27 with total page 608 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fair trade critiques the historical inequalities inherent in international trade and seeks to promote social justice by creating alternative networks linking marginalized producers (typically in the global South) with progressive consumers (typically i
Book Synopsis Handbook of Transnational Economic Governance Regimes by : Christian Tietje
Download or read book Handbook of Transnational Economic Governance Regimes written by Christian Tietje and published by BRILL. This book was released on 2009-10-14 with total page 1105 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Handbook builds on recent attempts to understand new and evolving patterns of global governance by identifying, describing, and analysing more than 80 of the most significant actors in the regulation and administration of contemporary transnational economic affairs.
Book Synopsis The Green Teen Cookbook by : Sophia Robson
Download or read book The Green Teen Cookbook written by Sophia Robson and published by Aurora Metro Publications Ltd.. This book was released on 2011-10-31 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: Get Cooking! This unique cookbook and rough guide to ethical eating is for all those who want to eat well, pay less and save the planet. Includes over 70 mouth-watering recipes - favorite meals and snacks that won't cost the earth. If you care about what you eat and where it comes from, this book is for you. Find out: What is Freeganism? What is a Flexitarian? Are food additives bad? Is fair trade good? Can supermarkets be avoided? Has your lunch flown too many air miles? Organic or not? Top tips: Party? How to cook great food to impress your mates. Munchies? How to fill up fast on tasty snacks. Dinner with friends? How to cook up a feast - from leftovers. Late night? Feeling rough? Why not try a sensational smoothie? The perfect gift for young people learning to cook, for students on a budget and for all those interested in pursuing an eco-friendly lifestyle.
Book Synopsis International Trade, Investment, and the Sustainable Development Goals by : Cosimo Beverelli
Download or read book International Trade, Investment, and the Sustainable Development Goals written by Cosimo Beverelli and published by Cambridge University Press. This book was released on 2020-10 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: A multi-disciplinary investigation of how economic globalization can help achieve the UN's 2030 Agenda, exploring trade-offs among the Goals.
Book Synopsis Ethics in Consumer Choice by : Nina Langen
Download or read book Ethics in Consumer Choice written by Nina Langen and published by Springer Science & Business Media. This book was released on 2012-12-20 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation elaborates differences and similarities of forms of ethical behaviour in general and analyses whether German consumers differentiate between different types of ethical behaviour in particular. The thesis is characterised by its intensive combination of theoretical and empirical research. It furthermore contributes to the literature as the method triangulation applied in the different surveys reveals previously unknown relationships between different kinds of ethical behaviour, such as ethical consumption and charitable giving, as well as between different forms of ethical products. Choice experiment, latent class analysis, information display matrix and item-based attitude assessment allowed the comparison of stated and revealed preferences as well as an analysis of the relevance of ethical product features within the context of different product and process attributes. The dissertation provides insights into a research field which is becoming more and more relevant and improves the understanding of consumers’ assessment and the interdependencies of the possibilities of ethical behaviour. This allows the development of recommendations for consumer policy makers, business and NGOs concerned with the ethics of consumer choice as well as future research on ethical behaviour in general and ethical consumption in particular.
Book Synopsis Handbook on the Economics of Philanthropy, Reciprocity and Social Enterprise by : Stefano Zamagni
Download or read book Handbook on the Economics of Philanthropy, Reciprocity and Social Enterprise written by Stefano Zamagni and published by Edward Elgar Publishing. This book was released on 2013-01-01 with total page 489 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent era of economic turbulence has generated a growing enthusiasm for an increase in new and original economic insights based around the concepts of reciprocity and social enterprise. This stimulating and thought-provoking Handbook not only encourages and supports this growth, but also emphasises and expands upon new topics and issues within the economics discourse. Original contributions from key international experts acknowledge and illustrate that markets and firms can be civilizing forces when and if they are understood as expressions of cooperation and civil virtues. They provide an illuminating discourse on a wide range of topics including reciprocity, gifts and the civil economy, which are especially relevant in times of crisis for financial capitalism. The Handbook questions the current phase of the market economy that arises from a state of anthropological pessimism. Such anthropological cynicism is one of the foundations of the contemporary economic system that is challenged by the contributors. This highly original and interdisciplinary Handbook will provide a fascinating read for academics, researchers and students across a wide range of fields including economics, public sector economics, public policy and social policy.
Book Synopsis Fair Trade in CSR Strategy of Global Retailers by : M. Stefanska
Download or read book Fair Trade in CSR Strategy of Global Retailers written by M. Stefanska and published by Springer. This book was released on 2015-02-18 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fair Trade In CSR Strategy of Global Retailers shows how retailers can improve the success of their fair trade strategy. Using Polish market research, the authors analyze the aggressive and detrimental competition between retailers such as Ikea, and Tesco to emphasize the benefits of CSR strategy for stakeholders and society at large.
Book Synopsis The Fair Trade Scandal by : Ndongo Sylla
Download or read book The Fair Trade Scandal written by Ndongo Sylla and published by Ohio University Press. This book was released on 2014-02-01 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: This critical account of the fair trade movement explores the vast gap between the rhetoric of fair trade and its practical results for poor countries, particularly those of Africa. In the Global North, fair trade often is described as a revolutionary tool for transforming the lives of millions across the globe. The growth in sales for fair trade products has been dramatic in recent years, but most of the benefit has accrued to the already wealthy merchandisers at the top of the value chain rather than to the poor producers at the bottom. Ndongo Sylla has worked for Fairtrade International and offers an insider’s view of how fair trade improves—or doesn’t—the lot of the world’s poorest. His methodological framework first describes the hypotheses on which the fair trade movement is grounded before going on to examine critically the claims made by its proponents. By distinguishing local impact from global impact, Sylla exposes the inequity built into the system and the resulting misallocation of the fair trade premium paid by consumers. The Fair Trade Scandal is an empirically based critique of both fair trade and traditional free trade; it is the more important for exploring the problems of both from the perspective of the peoples of the Global South, the ostensible beneficiaries of the fair trade system.
Book Synopsis Fair Trade for All: How Trade Can Promote Development by : Joseph E. Stiglitz
Download or read book Fair Trade for All: How Trade Can Promote Development written by Joseph E. Stiglitz and published by Oxford University Press. This book was released on 2007-08-01 with total page 647 pages. Available in PDF, EPUB and Kindle. Book excerpt: Winner of the Nobel Prize in Economics and author of the New York Times bestselling book Globalization and Its Discontents, Joseph E. Stiglitz here joins with fellow economist Andrew Charlton to offer a challenging and controversial argument about how globalization can actually help Third World countries to develop and prosper. In Fair Trade For All, Stiglitz and Charlton address one of the key issues facing world leaders today--how can the poorer countries of the world be helped to help themselves through freer, fairer trade? To answer this question, the authors put forward a radical and realistic new model for managing trading relationships between the richest and the poorest countries. Their approach is designed to open up markets in the interests of all nations and not just the most powerful economies, to ensure that trade promotes development, and to minimize the costs of adjustments. The book illuminates the reforms and principles upon which a successful settlement must be based. Vividly written, highly topical, and packed with insightful analyses, Fair Trade For All offers a radical new solution to the problems of world trade. It is a must read for anyone interested in globalization and development in the Third World.
