Coffee price fluctuations over past decades have created extreme financial crises and long-term poverty for thousands of small-scale Latin American farmers. In this Stanford Center for Social Innovation sponsored audio lecture, David Funkhouser of TransFair USA, details how the Fair Trade movement arose as a market-based approach to poverty alleviation and international development. He discusses Fair Trade's function to offer suppliers fair, above-market prices, and TransFair's role in supporting that movement.
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