Fair trade is counterproductive and unfair: rejoinder
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Authors
Haight, Colleen
Henderson, David R.
Subjects
Fair trade
labour standards
free trade
labour standards
free trade
Advisors
Date of Issue
2010-03
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Abstract
This is a rejoinder to a criticism of Henderson (2008) by Alastair Smith. Our conclusion is that Henderson’s basic case, although nicked around the edges by developments since the original was written, still stands. Moreover, we point out that Smith’s criticism of Henderson’s point that Fair Trade could help kill the banana actually supports Henderson’s case. Finally, Smith’s proposed ‘trade, not aid’ solution does not contradict Henderson (2008). Refusing to buy Fair Trade coffee and other products and, instead, buying quality coffee and other products would not reduce trade, as Smith seems to imply.
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Article
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Business & Public Policy (GSBPP)
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Citation
iea Economic Affairs, March 2010
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This publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.