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TransFair Canada
Fairtrade Canada, formerly TransFair Canada, is a national non-profit certification and public education organization promoting Fairtrade certified products in Canada to improve the livelihood of developing world farmers and workers. It is the Canadian member of FLO International, which unites 24 fair trade producer and certification initiatives across Europe, Asia, Latin America, North America, Africa, Australia and New Zealand. How Fairtrade works With Fairtrade coffee, for instance, packers in developed countries pay a fee to The Fairtrade Foundation for the right to use the brand and logo, and nearly all the fee goes on marketing. Packers and retailers can charge as much as they want for the coffee. The coffee has to come from a certified Fairtrade cooperative, and there is a minimum price when the world market is oversupplied, and 10c per lb extra at other times. The cooperatives can, on average, sell only a third of their output as Fairtrade, because of lack of demand, an ...
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Non-profit Organization
A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without securing tax-exempt status. Key aspects of nonprofits are accountability, trustworthiness, honesty, and openness to eve ...
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Fair Trade Impact Studies
Impact evaluation of fair trade systems, like cost-benefit analysis, start with the premise that any intervention in an economic system has various impacts throughout that system: some significant, many small; some costs, some benefits; some people benefit, others are harmed. Impact evaluations aim to identify costs and benefits throughout the system, then quantify them, so that people do not make unwarranted claims of impact and so that informed decisions can be made. The World Bank and Inter Bank in America have developed guidelines, but analysis is considered particularly difficult with developing country agriculture. Peter Griffiths has examined the additional problems that arise when analysing the impact of Fairtrade interventions, arising from the way it is organized.Griffiths, P., ‘Ethical objections to Fairtrade’ Journal of Business Ethics: Volume 105, Issue 3 (2012), Page 357-373 (DOI) 10.1007/s10551-011-0972-0 www.springerlink.com Accessed at http://www.griffithssp ...
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Fair Trade Organizations
A fair (archaic: faire or fayre) is a gathering of people for a variety of entertainment or commercial activities. Fairs are typically temporary with scheduled times lasting from an afternoon to several weeks. Types Variations of fairs include: * Art fairs, including art exhibitions and arts festivals * County fair (USA) or county show (UK), a public agricultural show exhibiting the equipment, animals, sports and recreation associated with agriculture and animal husbandry. * Festival, an event ordinarily coordinated with a theme e.g. music, art, season, tradition, history, ethnicity, religion, or a national holiday. * Health fair, an event designed for outreach to provide basic preventive medicine and medical screening * Historical reenactments, including Renaissance fairs and Dickens fairs * Horse fair, an event where people buy and sell horses. * Job fair, event in which employers, recruiters, and schools give information to potential employees. * Regional or state fair, an ...
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Multinational Corporation
A multinational company (MNC), also referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation or a stateless corporation with subtle but contrasting senses, is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC, to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad simply to diversify financial risks. Black's Law Dictionary suggests that a company or group should be considered a multinational corporation "if it derives 25% or more of its revenue from out-of-home-country operations". Most of the largest and most influential companies of the modern age are publicly traded multinational corporations, including '' Forbes Global 2000'' companies. History Colonialism Th ...
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Jean-Pierre Boris
Jean-Pierre Boris is a journalist at Radio France Internationale (RFI) since 1982. From 1998 to 2005, Boris was the station's commodities correspondent and hosted a daily show on the topic. The show explored the geopolitical role of commodities and globalization Globalization, or globalisation (English in the Commonwealth of Nations, Commonwealth English; American and British English spelling differences#-ise, -ize (-isation, -ization), see spelling differences), is the process of foreign relation .... In 2005, Boris published the book ''Unfair Trade: The Black Book of commodities'' (). Works *''Commerce inéquitable: Le roman noir des matières premières.'' (2005) Paris: Hachette Littératures. *''Main basse sur le riz''Jean-Pierre Boris, Main basse sur le riz 2010 back cover: "Jean-Pierre Boris est journaliste et documentariste. Main basse sur le riz est également le titre du documentaire qu’il a tourné avec le réalisateur Jean Crépu pour Arte. Ce film a obte ...
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Radio France Internationale
Radio France Internationale, usually referred to as RFI, is the state-owned international radio broadcaster of France. With 37.2 million listeners in 2014, it is one of the most-listened-to international radio stations in the world, along with Deutsche Welle, the BBC World Service, the Voice of America, Radio Netherlands Worldwide, and China Radio International. RFI broadcasts 24 hours per day around the world in French and in 12 other languages in FM, shortwave, medium wave, satellite and on its website. It is a channel of the state company France Médias Monde. The majority of shortwave transmissions are in French and Hausa but also includes some hours of Swahili, Portuguese, Mandinka, and Russian. RFI broadcasts to over 150 countries on 5 continents. Africa is the largest part of radio listeners, representing 60% of the total audience in 2010. In the Paris region, RFI comprises between 150,000 and 200,000 listeners. In 2007, the audience was of 46.1 million listeners, bre ...
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Trade Justice
Trade justice is a campaign by non-governmental organisations, plus efforts by other actors, to change the rules and practices of world trade in order to promote fairness. These organizations include consumer groups, trade unions, faith groups, aid agencies and environmental groups. The organizations campaigning for trade justice posit this concept in opposition to free trade. Supporters of free trade, typically those in economics, business, lobbying, and the mainstream press, trust in the “invisible hand” of the market to provide on its own for the needs of societies around the world. Fundamental to their beliefs is the value of individual liberty, believed to be the least infringed upon when the market is used to replace most of the centralized government's responsibilities of allocating resources. They tend to support neoliberal policies of privatization, deregulation, and tax cuts, and on the international trade level, policies that loosen restrictions on corporations ...
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Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson sold the publication to Nikkei for £844 million (US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. The newspaper has a prominent focus on financial journalism and economic analysis over generalist reporting, drawing both criticism and acclaim. The daily sponsors an annual book award and publishes a " Person of the Year" feature. The paper was founded in January 1888 as the ''London Financial Guide'' before rebranding a month later as the ''Financial Times''. It was first circulated around metropolitan London by James Sherid ...
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Unfair Commercial Practices Directive
The Unfair Commercial Practices Directive 2005/29/ECOfficial Journal of the European Union, L149/22 – L149/39, 11 June 2005 regulates unfair business practices in EU law, as part of European consumer law. It requires corresponding laws to be passed that incorporate it into each member state's legal system. The Directive is concerned mainly with the "substantive" law (meaning in this context the standards of behaviour required of traders). To some extent it leaves to member states the choice of appropriate domestic enforcement procedures and penalties for non-compliance (Articles 11 to 13 of the Directive). Contents Recitals The recitals state the objective of the Directive to reduce barriers to free trade in the EU while simultaneously ensuring a high level of consumer protection. At issue was the fact that the consumer protection laws are different among the various member states (see Article 1 of the Directive and the recitals to it). The Directive is supposed to reduce th ...
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Adam Smith Institute
The Adam Smith Institute (ASI) is a neoliberal UK-based think tank and lobbying group, named after Adam Smith, a Scottish moral philosopher and classical economist. The libertarian label was officially changed to neoliberal on 10 October 2016. The Institute advocates free market and classical liberal ideas, primarily via the formation of policy options with regard to public choice theory, which political decision makers seek to develop upon. ASI President Madsen Pirie has sought to describe the activity of the organisation as " propose things which people regard as being on the edge of lunacy. The next thing you know, they're on the edge of policy". The ASI formed the primary intellectual force behind privatisation of state-owned industries during the premiership of Margaret Thatcher, and alongside the Centre for Policy Studies and Institute of Economic Affairs advanced a neoliberal approach toward public policy on privatisation, taxation, education and healthcare. A numbe ...
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Overproduction
In economics, overproduction, oversupply, excess of supply or glut refers to excess of supply over demand of products being offered to the market. This leads to lower prices and/or unsold goods along with the possibility of unemployment. The demand side equivalent is underconsumption Underconsumption is a theory in economics that recessions and stagnation arise from an inadequate consumer demand, relative to the amount produced. In other words, there is a problem of overproduction and overinvestment during a demand crisis. The ...; some consider supply and demand two sides to the same coin – excess supply is only relative to a given demand, and insufficient demand is only relative to a given supply – and thus consider overproduction and underconsumption equivalent. Overproduction is often attributed as due to previous overinvestment – creation of excess productive capacity, which must then either lie idle (or under capacity), which is unprofit (economics), profitable, or ...
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Third World
The term "Third World" arose during the Cold War to define countries that remained non-aligned with either NATO or the Warsaw Pact. The United States, Canada, Japan, South Korea, Western European nations and their allies represented the " First World", while the Soviet Union, China, Cuba, North Korea, Vietnam and their allies represented the "Second World". This terminology provided a way of broadly categorizing the nations of the Earth into three groups based on political divisions. Strictly speaking, "Third World" was a political, rather than an economic, grouping. Since the dissolution of the Soviet Union and the end of the Cold War, the term ''Third World'' has decreased in use. It is being replaced with terms such as developing countries, least developed countries or the Global South. The concept itself has become outdated as it no longer represents the current political or economic state of the world and as historically poor countries have transited different income stages ...
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