Fair Trade
The aim of this essay is to discuss about the comment made by the Adam Smith Institute (2008) about how ‘The Fair-trade movement achieves virtually nothing in terms of reducing world poverty’.
Fair trade is a standard that is set to support the developing countries exports, it is to improve the workers in a developing country’s working conditions, fair payments which help them towards development and planning of their future that may help poverty.
It also helps them to sell products to developing countries.
Fair trade products come mostly in products such as coffee, chocolate and bananas the packaging mostly shows smiling workers that gives the impression that fair trade is such a worldwide success, however Adam Smith Institute (2008) states that ‘Smiling photos may improve turnover, but they cannot speak for the overall effectiveness of Fair-trade certification as a means of poverty relief’, the majority of fair trade consumers do not actually know the extent to which Fair trade is actively reducing worldwide poverty.
Some critics of Fair trade argues that Fair trade does not really help to reduce worldwide poverty because farmers are dependent on Fair trade shoppers ,An article on BBC news website states ‘ Yet others argue that fair trade can end up being a trap for farmers, tying them into a relationship of dependence with charity-minded shoppers in the West‘ (2007.) this could further increase the believe that fair trade would rather have farmers be dependent on themselves than teaching them on how to survive on their own.
Many people in China and India escaped poverty last year without the help of fair trade, an article on BBC news states ‘that was done through real market developments rather than small-scale fair trade deals. They were lifted out of poverty because they could sell their products on the open global market, rather than being sectioned off in the fair trade market’ (2007).according to that statement is suggest that fair trade does not
Fair trade is a standard that is set to support the developing countries exports, it is to improve the workers in a developing country’s working conditions, fair payments which help them towards development and planning of their future that may help poverty.
It also helps them to sell products to developing countries.
Fair trade products come mostly in products such as coffee, chocolate and bananas the packaging mostly shows smiling workers that gives the impression that fair trade is such a worldwide success, however Adam Smith Institute (2008) states that ‘Smiling photos may improve turnover, but they cannot speak for the overall effectiveness of Fair-trade certification as a means of poverty relief’, the majority of fair trade consumers do not actually know the extent to which Fair trade is actively reducing worldwide poverty.
Some critics of Fair trade argues that Fair trade does not really help to reduce worldwide poverty because farmers are dependent on Fair trade shoppers ,An article on BBC news website states ‘ Yet others argue that fair trade can end up being a trap for farmers, tying them into a relationship of dependence with charity-minded shoppers in the West‘ (2007.) this could further increase the believe that fair trade would rather have farmers be dependent on themselves than teaching them on how to survive on their own.
Many people in China and India escaped poverty last year without the help of fair trade, an article on BBC news states ‘that was done through real market developments rather than small-scale fair trade deals. They were lifted out of poverty because they could sell their products on the open global market, rather than being sectioned off in the fair trade market’ (2007).according to that statement is suggest that fair trade does not