Thesis advisor: Richard McGowan / The Fair Trade movement is not new. Its roots go all the way back to the 1940s, and since its inception many Fair Trade organizations have arisen to offer this alternative strategy for doing business. Coffee is most commonly associated with Fair Trade, and it is the product this paper seeks to explore. In a broad sense, this investigation will look at how close Fair Trade Coffee certification programs actually come to being fair. The working definition of fairness is the ability to provide economic opportunities to marginalized workers. A fair economy would properly reward hard-working farmers for their intense labors. Many Fair Trade initiatives argue this is not what exists. As a result, they pay a living wage and offer opportunities to coffee farmers—some of the poorest people in the world—with hopes that this will help advance them out of poverty. To see if this successfully promotes fairness in economics, this paper will focus on the benefits of certification to small-scale farmers, mainly regarding income, and on the development of the Fair Trade Coffee market. Ultimately, this research will demonstrate that this movement is at least somewhat successful at improving the economic situation of marginalized workers. / Thesis (BA) — Boston College, 2011. / Submitted to: Boston College. College of Arts and Sciences. / Discipline: Economics Honors Program. / Discipline: Economics.

Moldova is known for its wines, which enjoy great popularity not only in its own country, but in all CIS countries too. The wine trade is the heart of the Moldovian economy and the main export article of the country. That is why I have decided to write about wines and focus on exhibitions and fairs. Exhibitions and fairs are, in my opinion, a quite neglected item in comparison with traditional methods of propagation - advertising, PR, sponsorship, etc. My diploma work among other things will help to eliminate this gap. The main objective of my work is the analysis of the wine trade fair ExpoVin Moldova, followed by recommendations to improve the activities of the event. The central hypothesis of my work will be the following assertion: ExpoVin Moldova provides absolutely excellent opportunity for collaboration for producer of wines, government and retailers of wine. Therefore, I will try either to confirm or reject this hypothesis.

Zugl.: Frankfurt (Oder), Univ., Diss., 2006

<p>In the beginning of the twenty-first century it became clear what consequences companies’pursuit of economical growth had created on our environment and our social lives. Now theworld is standing in front of a challenge and that is to find a sustainable way to produce,consume and live in order to help our environment and social lives. An example of anorganization that is working towards a sustainable way of living is Fair trade LabelingOrganizations International. They set up international fair trade standards in order to supportthe sustainable development of small producers in poor countries, such as ensuring that theproducers receive prices that cover their costs.Research results indicate that the fair trade label could lower the value of the brand that it isattached to, as well as decrease the original brand’s customer loyalty. While there is also thebelief that fair trade is a positive thing for a brand. Therefore our aim with this dissertation isto look at how the consumer behavior changes when the product is co branded with the fairtrade label. We will therefore look at how co branding with the fair trade label affect differentaspects of consumer behavior. The different aspects that we have used are need recognition,information search, evaluation of alternatives, post purchase behavior and perceived brandpersonality.The study is performed on Dutch consumers by doing a quantitative research. The studyshowed that there are four variables that affect consumer behavior when co branding with fairtrade these are price sensitivity, reason for buying, expected quality and perceived brandpersonality.This study contributes to the lack of research concerning the connection between co brandingwith fair trade and consumer behavior. The conclusions drawn from this study could be usedas guidelines for company managers that are thinking of adding a fair trade label to theproduct, but it could also be used as guidelines for managers that already use fair trade.</p>

“Skills, Occupation Inequality and Development” is a theoretical study. There is no general agreement about how income inequality will affect development in the long run. Classic growth models show that income inequality is beneficial to development due to agent’s heterogeneity and marginal propensity to save increasing with wealth. Neoclassical growth models present that income distribution plays no significant role on development assuming representative agents and decreasing marginal returns in investment. New classical growth theory demonstrates that income inequality impedes growth due to credit constraints and indivisibility of investment in human capital. This paper studies income inequality through the channel of complementary skills and occupations in aggregate production. In a new classical model economy with two complementary occupations, CES production technology, skills in utility, and uncertainty of completing high-skilled occupations, we find a continuum of equilibria denoted by a correspondence between aggregate capital stock and the low-skilled population share regardless of the distribution in initial endowments. Aggregate capital stock and aggregate income per capita are non-monotonically related to the low-skilled population share. Aggregate income per capita will be maximized at a certain distribution of occupations on the continuum of equilibria. Therefore, the correlation between development and inequality of occupation distribution can be both positive and negative which depends on the position of occupation division on the continuum of equilibria. The correlation between low skills and occupation inequality is monotonic within a country, but the correlation is opposite between developed and developing economies. The low skills will move up on the continuum of equilibria if the occupation inequality is smaller (larger) in developed (developing) economies. The study also shows that inequality of the occupation distribution plays different effects in developed economies from those in developing economies due to the assumption that skills affect the completion of occupations. Developing economies also present two patterns of equilibria, in which one has higher optimum inequality of occupations, another one has lower optimum inequality of occupations. The cause of two patterns of equilibria for developing economies comes from the assumption of Cobb-Douglas production function. Shifts of equilibrium lead to new levels of development due to a change of inequality in other characteristics of the economy. “Fair Division of Income Distribution, Development and Growth: Evidence from a Panel of Countries” is an empirical exercise. I use an unbalanced panel data to explore the correlation between aggregate income per capita and income inequality. A lot of studies document controversial results using the Gini index or other summary measurements of income inequality. I measure income inequality by the two dimensions of a point on the Lorenz Curve, where the Lorenz curve has unit slope. It is called fair division point, which involves the fair population share and the fair income share. The difference between the fair population share and the fair income share approximates the Gini index of an income distribution. My analysis shows that a country’s low income population relatively decreases (the fair population share drops slightly) as the economy grows; and at the same time, those low income households are relatively worse off (the fair income share falls even though the GDP per capita increases). Inversely, as an economy becomes rich, there are more low income households (the fair population share increases), but those low income households are better off (the fair income share goes up and GDP per capita increases as well). Overall, both the Gini index and the difference between the fair population share and the fair income share have been increasing during the last half century in the panel of countries. Therefore, income inequality increases as an economy is getting richer. The analysis presents strong evidence for optimum income inequality regarding both the aggregate productivity and the growth rate of GDP, where income inequality is measured by either the Gini index or the fair division shares. But no evidence has been found for the Kuznets’ hypothesis. Both high and low inequality of income distribution could harm an economy as we compare with its potential optimum inequality. Also developed economies show different optimum inequality from that in developing economies, and there is the growth-worst fair population share that results in the lowest growth in developed economies. Measurement of income inequality matters on its economic effects for the subsamples of the panel data.

In the beginning of the twenty-first century it became clear what consequences companies’pursuit of economical growth had created on our environment and our social lives. Now theworld is standing in front of a challenge and that is to find a sustainable way to produce,consume and live in order to help our environment and social lives. An example of anorganization that is working towards a sustainable way of living is Fair trade LabelingOrganizations International. They set up international fair trade standards in order to supportthe sustainable development of small producers in poor countries, such as ensuring that theproducers receive prices that cover their costs.Research results indicate that the fair trade label could lower the value of the brand that it isattached to, as well as decrease the original brand’s customer loyalty. While there is also thebelief that fair trade is a positive thing for a brand. Therefore our aim with this dissertation isto look at how the consumer behavior changes when the product is co branded with the fairtrade label. We will therefore look at how co branding with the fair trade label affect differentaspects of consumer behavior. The different aspects that we have used are need recognition,information search, evaluation of alternatives, post purchase behavior and perceived brandpersonality.The study is performed on Dutch consumers by doing a quantitative research. The studyshowed that there are four variables that affect consumer behavior when co branding with fairtrade these are price sensitivity, reason for buying, expected quality and perceived brandpersonality.This study contributes to the lack of research concerning the connection between co brandingwith fair trade and consumer behavior. The conclusions drawn from this study could be usedas guidelines for company managers that are thinking of adding a fair trade label to theproduct, but it could also be used as guidelines for managers that already use fair trade.

Background: The rise in ethical consumerism has become evident through an increase in sales of fair trade products in recent years. Consumers are prepared to pay a premium for fair trade chocolate, and with a steady future growth in the fair trade movement, this is an attractive market for new entrants. Of particular focus are the Swedish and German markets for fair trade chocolate as they show promising growth rates and interest in this field. Problem:       The chocolate industry is very competitive, and the observation that consumers reward companies that act socially responsible presents an opportunity for ethical companies to compete. This is attractive for entrepreneurial firms, but there exist numerous motivations why firms choose to engage in fair trade. Purpose:        The purpose of this thesis is to understand the role of fair trade in corporate strategy (either in partial or entire assortment), its relation to entrepreneurial opportunity-seeking behaviour, and examining how the strategic resource of Fairtrade certification is used to gain competitive advantage. Method:         A qualitative interview study was applied, and ten chocolate companies active in the Swedish and German markets were included in the sample. Data was collected through semi-structured interviews (four telephone interviews and six email responses), and complemented with secondary data from company websites and press releases. The interviewees were mainly representatives of the marketing department and CEOs. Empirical findings were analysed using relevant models and theories, and organized under the two categories of ‘firm use of fair trade’ and ‘visibility of fair trade.’ Conclusion:   The findings in this thesis show that there are multiple reasons why chocolate companies engage in fair trade including reputation, spreading awareness, proactive opportunity-seeking behaviour, strategic differentiation, as a means of communicating to producers and consumers, and for quality insurance of raw ingredients. Fair trade engagement is visible through its role as a social resource. This image is created by ethical and social commitment and wholeness in values, non-exploitative respectful business network relationships, consistency in firm behaviour, and through wealth creation in terms of benefiting the firm, society, and the environment. The Fairtrade label is not imperative to achieving a state of competitive advantage, but can inevitably lead to that result through the firm wholeness created by mission- and vision-driven values.

This thesis examines the Fair Trade movement as an international response of civil society to improve basic labor rights for producers. It explains the development of the Fair Trade movement and gives an overview of the organizations that currently comprise the movement. It also highlights some of the contemporary challenges the movement faces. The paper then provides a review of the literature written on global civil society insomuch as it is relevant to the Fair Trade movement. From this information, the paper draws conclusions about the success of the movement achieving its goals in light of its challenges. The paper concludes that the movement has admirable goals, but lacks good implementations and suffers from both undemocratic practice and inadequate representation. Lastly, it suggests policy changes to improve the effectiveness of the movement.

The Financial Accounting Standards Board (FASB)/ International Accounting Standards Board (IASB) proposed Conceptual Framework solidifies stewardship as a primary financial reporting objective. Concurrently, fair value (FV) continues to be emphasized in FASB and IASB standards. In this study, using data from real estate firms in the UK, I test whether FVs provide stewardship-relevant information incremental to information provided by historical costs. Measuring stewardship by changes in CEO cash compensation and FVs through revaluations of investment properties, I find FVs provide stewardship information beyond historical costs; however, FVs must be supported by external appraisals to be useful. Further, FVs help to explain the traditional association between stock returns and compensation. The actual realization of FV changes through sale continues to be rewarded through compensation, meaning the full compensation value of FV changes is not given until realized. FV changes provide more useful stewardship information when FV estimates are of higher quality or when the CEO is more strongly governed. I also find that higher sensitivity to management effort, proxied by firm growth opportunities, makes FV changes more stewardship-relevant. Overall, I conclude that for UK real estate firms, FVs are useful for assessing management's stewardship with improvements in estimate quality and sensitivity to management effort increasing stewardship-usefulness; however, historical costs continue to be relevant for stewardship. My thesis provides insight into what information best captures management stewardship.

Digital signature is widely used to implement many secure protocols. A digital signature has three parameters. They are the message, the key pair, and the signature. In general, the message is given. The key pair is chosen randomly by the signer. The signature is computed from the message and the key pair. But in some cases, we can choose the value of one of the parameters, this may make it possible to other applications such as blind signatures or subliminal channels. There are some researches to discuss the relations between the parameters and the applications of the digital signatures. In this research, we will propose three new schemes as examples of this technique. The first one is a fair blind signature scheme. The other two are subliminal channel schemes. These three new schemes have some important properties. The concept of this research may help the future researches to find new applications of the digital signature. Meanwhile, these new schemes can show that how the concept can help us to develop or improve applications.