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

In: Fair Trade in CSR Strategy of Global Retailers

Author

Listed:
  • Magdalena Stefańska
  • Renata Nestorowicz

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).

Suggested Citation

  • Magdalena Stefańska & Renata Nestorowicz, 2015. "Development of the Fair Trade Idea in Europe and the United States," Palgrave Macmillan Books, in: Magdalena Stefańska & Renata Nestorowicz (ed.), Fair Trade in CSR Strategy of Global Retailers, chapter 0, pages 35-64, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-38904-6_2
    DOI: 10.1057/9781137389046_2
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    Citations

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    Cited by:

    1. Grazyna Smigielska & Anna Dabrowska & Malgorzata Radziukiewicz, 2015. "Fair Trade in Sustainable Development. The Potential for Fair Trade Market Growth in Poland," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 17(Special 9), pages 1244-1244, November.
    2. Md Nazmus Sadekin & Most Asikha Aktar & Md. Mahmudul Alam, 2021. "Contribution of Fair Trade in Sustainable Development," Post-Print hal-03520078, HAL.
    3. Grazyna Smigielska & Anna Dabrowska & Malgorzata Radziukiewicz, 2015. "Fair Trade in Sustainable Development. The Potential for Fair Trade Market Growth in Poland," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 17(S9), pages 1244-1244, November.

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