Contribution of Fair Trade in Sustainable Development

Md Nazmus Sadekin, Most Asikha Aktar and Md. Mahmudul Alam ()
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Md Nazmus Sadekin: Mawlana Bhashani Science and Technology University
Most Asikha Aktar: Comilla University

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Abstract: This is a pre-publication copy. The published article is copyrighted by the publisher. Contribution of Fair Trade in Sustainable Development Definition "Fair trade is a model for alleviating global poverty. Many companies and markets are investing, impacting developing communities. From building sustainable businesses to providing education, the movement is life-changing for those living in poor communities around the world".-Brandi Gomez Fair Trade (FT) is a societal movement that aims to support poor and vulnerable producers in developing nations to attain improved trading conditions with direct link to consumers and excluding mediators in the trading chain (Young and Utting 2005). Therefore FT allows poor producers to be part of a trading organization that make sure a fair and steady price for their products. It also provides them and their systems different level of backing facilities and stimulates sustainable environment.

Date: 2021
New Economics Papers: this item is included in nep-agr, nep-env, nep-int and nep-sea
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Published in Walter Leal Filho; Anabela Marisa Azul; Luciana Brandli; Amanda Lange Salvia; Pinar Gökcin Özuyar; Tony Wall. Reduced Inequalities, Springer International Publishing, 2021, Encyclopedia of the UN Sustainable Development Goals, 978-3-319-71060-0. ⟨10.1007/978-3-319-71060-0_7-1⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03520078

DOI: 10.1007/978-3-319-71060-0_7-1

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