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Contribution of Fair Trade in Sustainable Development

Author

Listed:
  • Md Nazmus Sadekin

    (Mawlana Bhashani Science and Technology University)

  • Most Asikha Aktar

    (Comilla University)

  • Md. Mahmudul Alam

    (UUM - Universiti Utara Malaysia)

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.

Suggested Citation

  • Md Nazmus Sadekin & Most Asikha Aktar & Md. Mahmudul Alam, 2021. "Contribution of Fair Trade in Sustainable Development," Post-Print hal-03520078, HAL.
    • Handle: RePEc:hal:journl:hal-03520078
    DOI: 10.1007/978-3-319-71060-0_7-1
    Note: View the original document on HAL open archive server: https://hal.science/hal-03520078
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    References listed on IDEAS

    as
    1. Carroll, Archie B., 1991. "The pyramid of corporate social responsibility: Toward the moral management of organizational stakeholders," Business Horizons, Elsevier, vol. 34(4), pages 39-48.
    2. Darryl Reed, 2009. "What do Corporations have to do with Fair Trade? Positive and Normative Analysis from a Value Chain Perspective," Journal of Business Ethics, Springer, vol. 86(1), pages 3-26, April.
    3. 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.
    4. William Young & Karla Utting, 2005. "Fair trade, business and sustainable development," Sustainable Development, John Wiley & Sons, Ltd., vol. 13(3), pages 139-142.
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