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This textbook addresses the main economic principles required by agricultural economists involved in rural development. The principles of 'micro-economics' or 'price-theory' are of relevance to economists everywhere, but this book reinforces the message of their relevance for rural development by explaining the theory in the specific context of the agricultural and food sectors of developing countries. Hypothetical and actual empirical illustrations drawn almost exclusively from such countries distinguish this book from other economic principles texts that draw their examples almost invariably from industrialised countries, and also from books more oriented to the issue of rural development. The first half of the book deals with the underlying principles of production, supply and demand. These are essential tools for the study and management of the agricultural sector and food markets. In the second half, supply and demand are bought together into a chapter of equilibrium and exchange. This is followed by chapters on trade and the theory of economic welfare. In the final chapter it is shown that much of the material in the earlier chapters can be combined by agricultural economists into a system for analysing and comparing the effects of alternative agricultural policies. The ability of agricultural economics to provide a consistent framework for the analysis of policy problems thus enables it to make a key contribution to rural development.
Agricultural prices --- Agriculture --- 338.43 <1-773> --- 338.43 <1-773> Landbouweconomie--Gebieden in ontwikkeling. Ontwikkelingslanden --- Landbouweconomie--Gebieden in ontwikkeling. Ontwikkelingslanden --- Farm prices --- Prices --- Farm income --- Economic aspects --- Third World: economic development problems --- Social Sciences and Humanities. Agricultural Economics --- Agricultural Economics (General). --- Developing countries --- Agricultural prices - Developing countries. --- Prix agricoles --- Aspect économique --- Developing countries: economic development problems --- Agriculture - Economic aspects - Developing countries. --- Life Sciences --- General and Others --- Agriculture. Economic aspects. Developing countrie --- Agriculture prices. Developing countries
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Fair trade has emerged as a fast-growing alternative market intended to bring better prices and greater social justice to small farmers around the world. But is it working? This vivid and detailed study of coffee farmers in Mexico offers the first thorough investigation of the social, economic, and environmental benefits of fair trade. Based on extensive research in Zapotec indigenous communities in the state of Oaxaca, 'Brewing Justice' follows the members of the cooperative Michiza, whose organic coffee is sold on the international fair trade market. It compares these families to conventional farming families in the same region, who depend on local middlemen and are vulnerable to the fluctuations of the world coffee market. Written in a clear and accessible style, the book carries readers into the lives of these coffee producer households and their communities, offering a nuanced analysis of the effects of fair trade on everyday life. 'Brewing Justice 'also paints a clear picture of the complex dynamics of the fair trade market and its relationship to larger global markets. Drawing on interviews with dozens of fair trade leaders, the book explores the changing politics of the international fair trade movement and provides recommendations for strengthening fair trade.
Foreign trade. International trade --- Third World: economic development problems --- Developing countries --- Coffee industry --- Exports --- Competition, Unfair. --- Coffee --- Café --- Exportations --- Concurrence déloyale --- Prices --- Commerce --- Prix --- Competition, Unfair --- Café --- Concurrence déloyale --- Developing countries: economic development problems --- Coffee industry - Developing countries --- Exports - Developing countries --- Coffee - Prices - Developing countries
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Social costs. Social benefits --- Economic policy and planning (general) --- India --- Pricing --- Prices --- Economic development projects --- Evaluation. --- Developing countries. --- Economic conditions --- Economic policy --- Pricing - India. --- Prices - India. --- Economic development projects - India - Evaluation. --- India - Economic conditions - 1947 --- -Prices - Developing countries --- India - Economic policy - 1974-1980.
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Prices --- Equilibrium (Economics) --- 338.5 --- 338.22 --- 338.26 --- Prijsvorming. Prijskostenverhouding. Prijsbeweging. Prijsfluctuatie--macroeconomisch; prijsindex zie {336.748.12} --- Economische organisatieleer. Economisch beleid. Economische politiek --- 338.5 Prijsvorming. Prijskostenverhouding. Prijsbeweging. Prijsfluctuatie--macroeconomisch; prijsindex zie {336.748.12} --- 338.22 Economische organisatieleer. Economisch beleid. Economische politiek --- Prices - Developing countries.
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Economic development projects --- Prices --- Evaluation --- Cost effectiveness --- Developing Countries --- 338.26 --- Commercial products --- Commodity prices --- Justum pretium --- Price theory --- Consumption (Economics) --- Cost --- Costs, Industrial --- Money --- Cost and standard of living --- Supply and demand --- Value --- Wages --- Willingness to pay --- Economic development projects - Evaluation --- Prices - Developing countries
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Relation between energy and economics --- Economic geography --- Energy policy --- Petroleum products --- Prices --- -Petroleum products --- -AA / International- internationaal --- 338.731 --- 338.012 --- 338.753.0 --- Mazut --- Petroleum --- Hydraulic fluids --- Energy and state --- Power resources --- State and energy --- Industrial policy --- Energy conservation --- -Aardolie. Aardolieschok. --- Energie (productiefactor). --- Energie: algemeenheden. --- Refining --- Government policy --- AA / International- internationaal --- Petroleum industry and trade --- Energie (productiefactor) --- Aardolie. Aardolieschok --- Energie: algemeenheden --- Energy policy - Developing countries --- Petroleum products - Prices --- Petroleum products - Prices - Developing countries
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The objectives of this paper are: (1) to analyze an optimal portfolio rebalancing by a fund manager in response to a "volatility shock" in one of the asset markets, under sufficiently realistic assumptions about the fund manager's performance criteria and investment restrictions; and (2) to analyze the sensitivity of the equilibrium price of an asset to shocks originating in other fundamentally unrelated asset markets for a given mix of common investors. The analysis confirms that certain combinations of investment restrictions (notably short-sale constraints and benchmark-based performance criteria) can create additional transmission mechanisms for propagating shocks across fundamentally unrelated asset markets. The paper also discusses potential implications of recent and on-going changes in the investor base for emerging market securities for the asset price volatility.
Asset allocation -- Developing countries. --- Contagion (Social psychology) -- Developing countries. --- Electronic books. -- local. --- Prices -- Developing countries. --- Econometrics --- Finance: General --- Financial Risk Management --- Macroeconomics --- Portfolio Choice --- Investment Decisions --- General Financial Markets: General (includes Measurement and Data) --- Price Level --- Inflation --- Deflation --- International Financial Markets --- Time-Series Models --- Dynamic Quantile Regressions --- Dynamic Treatment Effect Models --- Diffusion Processes --- Finance --- Econometrics & economic statistics --- Emerging and frontier financial markets --- Securities markets --- Asset prices --- Asset valuation --- Vector autoregression --- Financial markets --- Prices --- Asset and liability management --- Econometric analysis --- Financial services industry --- Capital market --- Asset-liability management --- United States --- Contagion (Social psychology) --- Asset allocation
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Fair trade is a fast-growing alternative market intended to bring better prices and greater social justice to small farmers around the world. But what does a fair-trade label signify? This vivid study of coffee farmers in Mexico offers the first thorough investigation of the social, economic, and environmental benefits of fair trade. Based on extensive research in Zapotec indigenous communities in Oaxaca, Brewing Justice follows the members of the cooperative Michiza, whose organic coffee is sold on the international fair-trade market, and compares them to conventional farming families in the same region. The book carries readers into the lives of coffee-producer households and communities, offering a nuanced analysis of fair trade's effects on everyday life and the limits of its impact. Brewing Justice paints a clear picture of the dynamics of the fair-trade market and its relationship to the global economy. Drawing on interviews with dozens of fair-trade leaders, the book also explores the movement's fraught politics, especially the challenges posed by rapid growth and the increased role of transnational corporations. It concludes with recommendations to strengthen and protect the integrity of fair trade. This updated edition includes a substantial new chapter that assesses recent developments in both coffee-growing communities and movement politics, offering a guide to navigating the shifting landscape of fair-trade consumption.
Coffee -- Prices -- Developing countries. --- Coffee industry -- Developing countries. --- Exports -- Developing countries. --- Coffee industry --- Exports --- Competition, Unfair --- Coffee --- Business & Economics --- Industries --- Prices --- Competition, Unfair. --- Coffea --- Coffea arabica --- Competition --- Competition law --- Fair trade --- Unfair competition --- Unfair trade practices --- Coffee trade --- Law and legislation --- Psychotropic plants --- Rubiaceae --- Seed crops --- Commercial crimes --- Commercial law --- Industrial property --- Torts --- Advertising laws --- Beverage industry --- E-books --- Coffee industry -- Developing countries.. --- Exports -- Developing countries.. --- Competition, Unfair.. --- alternative marketing. --- anthropology. --- business and industry. --- business. --- capitalism. --- coffee farmers. --- coffee industry. --- coffee lovers. --- coffee producing households. --- coffee. --- corporations. --- economics. --- fair trade coffee. --- fair trade consumption. --- fair trade. --- global economy. --- international business. --- international fair trade market. --- justice. --- mexican coffee. --- mexico. --- michiza. --- money and power. --- oaxaca. --- organic coffee. --- political economy. --- politics. --- small farmers. --- social justice. --- transnational corporations. --- zapotec indigenous communities.
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Trade theory --- Development aid. Development cooperation --- Third World: economic development problems --- Commodity control --- Developing countries --- International economic relations --- Prices --- Primary commodities --- Produce trade --- Economic conditions --- 338.516 --- 339.56 --- -International economic relations --- -Primary commodities --- -Produce trade --- -AA / International- internationaal --- 338.013 --- Agricultural marketing --- Agricultural products --- Food trade --- Agriculture --- Food industry and trade --- Commodity exchanges --- Farm produce --- Basic commodities --- Commodities, Basic --- Commodities, Primary --- Primary products --- Commercial products --- Commodity prices --- Justum pretium --- Price theory --- Consumption (Economics) --- Cost --- Costs, Industrial --- Money --- Cost and standard of living --- Supply and demand --- Value --- Wages --- Willingness to pay --- Economic policy, Foreign --- Economic relations, Foreign --- Economics, International --- Foreign economic policy --- Foreign economic relations --- Interdependence of nations --- International economic policy --- International economics --- New international economic order --- Economic policy --- International relations --- Economic sanctions --- International commodity control --- Commercial policy --- Cartels --- Producers' associations --- Markt als prijsmechanisme. Marktmechanisme. Marktprijs. Vrije concurrentie. Monopolistische concurrentie. Oligipolie. Duopolie. Marginale prijsvorming --groothandel-kleinhandelprijs zie {339.3} --- Buitenlands handelsverkeer. Internationaal handelsverkeer. Invoer. Uitvoer. Doorvoer --- Belang, verdeling en beleid van de natuurlijke rijkdommen. Grondstoffen. --- Economic aspects --- 339.56 Buitenlands handelsverkeer. Internationaal handelsverkeer. Invoer. Uitvoer. Doorvoer --- 338.516 Markt als prijsmechanisme. Marktmechanisme. Marktprijs. Vrije concurrentie. Monopolistische concurrentie. Oligipolie. Duopolie. Marginale prijsvorming --groothandel-kleinhandelprijs zie {339.3} --- AA / International- internationaal --- Belang, verdeling en beleid van de natuurlijke rijkdommen. Grondstoffen --- Economic conditions. --- Developing countries: economic development problems --- Developing countries - Economic conditions --- Prices - Developing countries --- Primary commodities - Developing countries --- Produce trade - Developing countries
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Droit international économique --- Droit économique (Droit international) --- Droit économique international --- Economic policy [Foreign ] --- Economic relations [Foreign ] --- Economics [International ] --- Economische betrekkingen [Internationale ] --- Foreign economic policy --- Interdependence of nations --- International economic policy --- International economic relations --- International economics --- Internationale economische betrekkingen --- New international economic order --- Relations économiques internationales --- Prices --- International economic relations. --- 339.96 --- 338.124.4 <1-772> --- Developing countries --- -International economic relations --- -AA / International- internationaal --- LDC / Developping Countries - Pays En Développement --- 338.340 --- 382.256 --- 338.341.1 --- Commercial products --- Commodity prices --- Justum pretium --- Price theory --- Consumption (Economics) --- Cost --- Costs, Industrial --- Money --- Cost and standard of living --- Supply and demand --- Value --- Wages --- Willingness to pay --- Economic policy, Foreign --- Economic relations, Foreign --- Economics, International --- Foreign economic relations --- Economic policy --- International relations --- Economic sanctions --- Ontwikkelingshulp. Ontwikkelingssamenwerking. Ontwikkelingsproblematiek --- Conjunctuurtheorie. Hoogconjunctuur. Laagconjunctuur. Depressie. Recessie. Crisis--Onontwikkelde, onderontwikkelde gebieden --- Economic conditions --- Algemene ontwikkeling in de Derde Wereld. --- Buitenlandse hulp (betalingsbalans). --- Financiële hulp aan de Derde Wereld. --- 338.124.4 <1-772> Conjunctuurtheorie. Hoogconjunctuur. Laagconjunctuur. Depressie. Recessie. Crisis--Onontwikkelde, onderontwikkelde gebieden --- 339.96 Ontwikkelingshulp. Ontwikkelingssamenwerking. Ontwikkelingsproblematiek --- AA / International- internationaal --- Algemene ontwikkeling in de Derde Wereld --- Financiële hulp aan de Derde Wereld --- Buitenlandse hulp (betalingsbalans) --- Economic conditions. --- Prices - Developing countries.
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