1st Edition

Fair Trade and Sustainable Development Dispersed Hybrid Markets

By Magdalena Śliwińska Copyright 2024
356 Pages 13 B/W Illustrations
by Routledge

356 Pages 13 B/W Illustrations
by Routledge

356 Pages 13 B/W Illustrations
by Routledge

Fair Trade constitutes a social-business initiative that plays a crucial role in the transition towards a "sustainable market economy", countering the major challenges of the 21st century. This research monograph reveals the mechanisms behind this process. It argues that Fair Trade constitutes a new type of market, "a Dispersed Hybrid Market (DHM)", that due to its specific features contributes... Read more

Introduction

1. Fair Trade as a unique phenomenon in the global economy

2. Concepts of the market in economic theory

3. Fair Trade market in the light of the economic concept of the market

4. Fair Trade market in the light of the social concept of the market

5. Fair Trade market in the light of institutional economics and Ostrom’s concept of ‘governing the commons’

6. The rationale and method of the empirical research

7. Findings. Specifics of Fair Trade market and its consequences               

8. Conclusions and discussion

Summary and closing conclusions

Biography

Magdalena Śliwińska is an Assistant Professor in the Institute of International Business and Economics, at Poznań University of Economics and Business, Poland.

“In a field dominated by empirical studies, it is exciting to see this book developing economic theory to explore not only the internal dynamics of Fair Trade in practice, but also its wider contribution to a more sustainable global economy.” Anne TallontireProfessor of Sustainability and Business and host of the 2023 Fair Trade International Symposium

 

“For too long, Fair Trade has been looked at as just a principle. It is also a market and this book analyzes the historical developments of this market. Furthermore it presents three scenarios for its future development and it depends on the market actors which scenario will become prevalent. Therefore, this book is a must read for everyone involved in Fair Trade practices." Andre Nijhof, Professor Sustainable Business and Stewardship, Nyenrode Business Universiteit

"A must in the library of teachers of business and international trade.” Julia Pérez Bravo, Universidad Autónoma de Querétaro