Re: coffee cartel again

2002-06-14 Thread Eugene Coyle
This makes it sound as if a price adjustment over time would raise demand enough to make things work for poorer countries. But coffee prices are so low that in certain countries -- in Central America for example -- it doesn't pay to harvest the crop. Hence workers get no work, and then The

Re: Re: Re: coffee cartel

2002-06-13 Thread Michael Perelman
Lou responded with the Oxfam proposal, but fair trade coffee is the sort of coffee that Global Exchange promotes -- it promises a 'fair' return to the workers and small farmers. On Thu, Jun 13, 2002 at 12:41:20PM -0500, Ian Hudson wrote: > > The disastrous price slump for coffee demonstrates the

Re: Re: coffee cartel

2002-06-13 Thread Ian Hudson
The disastrous price slump for coffee demonstrates the need for alternative arrangements for southern producers. One alternative that is being trumpeted is the alternative or fair trade, which is most developed, at least in terms of primary goods, in the coffee market. Does anyone have any

Re: coffee cartel

2002-06-13 Thread Eugene Coyle
It got much worse for the coffee producers. The World Bank made big loans to increase coffee production in Vietnam, now the world's 2nd largest coffee producer. This added to the world-wide glut and has driven farmers in Central America, Mexico, Brazil and in Africa to desperation. Roanld Reaga