{"id":33004,"date":"2015-10-16T02:00:33","date_gmt":"2015-10-16T06:00:33","guid":{"rendered":"http:\/\/quotulatiousness.ca\/blog\/?p=33004"},"modified":"2017-07-14T10:15:30","modified_gmt":"2017-07-14T14:15:30","slug":"fair-trade-does-it-help-poor-workers-everyday-economics-77","status":"publish","type":"post","link":"https:\/\/quotulatiousness.ca\/blog\/2015\/10\/16\/fair-trade-does-it-help-poor-workers-everyday-economics-77\/","title":{"rendered":"Fair Trade: Does It Help Poor Workers? (Everyday Economics 7\/7)"},"content":{"rendered":"<p align=\"center\"><iframe loading=\"lazy\" width=\"853\" height=\"480\" src=\"https:\/\/www.youtube.com\/embed\/ui5ruDbpyy0\" frameborder=\"0\" allowfullscreen><\/iframe><\/p>\n<blockquote><p><strong>Published on 8 Jul 2015<\/strong><\/p>\n<p>Elizabeth, an Everyday Economics viewer, asks: \u201cHow does the purchase of fair-trade goods affect wages in developing countries?\u201d<\/p>\n<p>Great question! The \u201cfair trade\u201d movement has become popular as a proposed way to increase living standards in developing countries. In this video, we look at whether fair trade does just that.<\/p>\n<p>For a good to be considered \u201cfair trade\u201d it must meet various requirements developed by a handful of fair trade organizations. In the developing world, who is better positioned to meet these fair trade requirements \u2014 large producers in wealthier countries or small producers in poorer countries? To answer this question, we take a look at the the example of fair trade coffee produced in both Costa Rica and Ethiopia. How does fair trade affect wages and overall quality of life in those countries?<\/p>\n<p>And, if fair trade isn\u2019t the best way to improve living standards in developing countries, how else can we maximize employment options and well-being for poor workers? This question is at the core of an entire branch of economics \u2014 Development Economics. To learn more, check out MRU\u2019s Development Economics course.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Published on 8 Jul 2015 Elizabeth, an Everyday Economics viewer, asks: \u201cHow does the purchase of fair-trade goods affect wages in developing countries?\u201d Great question! The \u201cfair trade\u201d movement has become popular as a proposed way to increase living standards in developing countries. In this video, we look at whether fair trade does just that. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":35193,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[25],"tags":[852,934,1026,91,1143],"class_list":["post-33004","post","type-post","status-publish","format-standard","hentry","category-economics","tag-costarica","tag-ethiopia","tag-microeconomics","tag-poverty","tag-principlesofeconomics"],"jetpack_featured_media_url":"https:\/\/quotulatiousness.ca\/blog\/wp-content\/uploads\/2016\/06\/favicon.png","jetpack_shortlink":"https:\/\/wp.me\/p2hpV6-8Ak","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/33004","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/comments?post=33004"}],"version-history":[{"count":1,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/33004\/revisions"}],"predecessor-version":[{"id":33005,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/33004\/revisions\/33005"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/media\/35193"}],"wp:attachment":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/media?parent=33004"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/categories?post=33004"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/tags?post=33004"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}