Development of the Fair Trade Idea in Europe and the United States

Magdalena Stefańska and Renata Nestorowicz

Chapter Chapter 2 in Fair Trade in CSR Strategy of Global Retailers, 2015, pp 35-64 from Palgrave Macmillan

Abstract: Abstract Fair trade is both a consumer movement and a form of organizing the supply chain of products from the place where raw materials are produced to the place of consumption of the final products. In a narrow sense, fair trade means the buying of products from producers in developing countries on terms that are more favorable than free-market terms, and the marketing of those products in developed countries at an “ethical price premium” (De Pelsmacker, Janssens, and Mielants 2005, p. 51). According to FINE 1 (2001), fair trade is a trading partnership based on dialogue, transparency, and respect, which seeks greater equity in international trade. (Ballet and Carimentrand 2010, p. 317). Alexander J. Nicholls also wrote that fair trade is a concept defining the terms and rules of cooperation between producers, intermediaries, and final buyers. It is linked with ethical consumerism and corporate social responsibility (2002, p. 7).

Keywords: Fair Trade; Distribution Channel; Coffee Shop; Fair Trade Product; Commodity Chain (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-38904-6_2

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DOI: 10.1057/9781137389046_2

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