X hits on this document

Powerpoint document

6GEO3 Unit 3 Contested Planet Topic 5: Bridging the Development Gap - page 23 / 24

199 views

0 shares

2 downloads

0 comments

23 / 24

Fair trade

There are alternatives to FDI and Free Trade

‘Fair-trade’ is perhaps the most well known

Fair-trade coffee, cocoa, cotton and tea farmers receive a ‘fair price’ for their produce, above market prices.

The extra money improves income and some moneys is invested in community health and education projects

Fair trade has grown and spread, but how much difference does it actually make?

Fair Trade coffee price =  $1.55 per lb,10% above market price.

Growers get 50¢ per lb. after Fair Trade cooperative fees, taxes and farm expenses.

Most farmers earn $1,000 ($2.75 per day).

According to Fair Trade researchers at the University of California, the price needed for farmers to rise above subsistence level is more than $2 / lb.

In 2008 fair-trade coffee sales were $1.75 bil of the global $70 bil market; only $5 bil of that $70 bil went to the developing world

Document info
Document views199
Page views224
Page last viewedMon Dec 05 10:09:15 UTC 2016
Pages24
Paragraphs446
Words2947

Comments