Coffee Economics: the Role of Coffee in Economic Development
Coffee Economics:
The Role of Coffee in Economic Development
Contents
INTRODUCTION Purpose of Report Scope of report Definitions
Background
International Coffee Trade Price Stabilization in the Coffee Economy The International Coffee Organization International Coffee Agreements
Labor & Technology in Coffee Production
Summary & Conclusions
References
Figures & Tables
Figure 1. Map of production r: cultivation of Coffea Robusta, m: cultivation of Coffea Robusta and Coffea Arabica., a: cultivation of Coffea Arabica.
Figure 2. Green coffee bean cash and future price from 1995 - 2005 Source: Leibtag et al., 2007, p. 2
Table 1. Coffee exports as a percentage of total exports. (ICO.org Statistics May 1994. International Statistics October 1994)
Coffee Economics: The Role Of Coffee In Economic Development
Introdution
Purpose of Report The purpose of this report is to review the history of and examine the role of coffee in economics and the economic development of coffee producing countries.
Scope of Report The scope of this report is limited by the topic assigned, the period allowed for its completion, and the absence of a research budget. The report was delimited by gathering research through the Cook Library on the campus of The University of Southern Mississippi, the Internet, and the textbook used in the International Economics 436 undergraduate course.
Definitions
Buffer Stocks – a type of international commodity agreement that involves the purchase of a commodity (to be added to the stock) when the commodity falls below an agreed minimum price, and the sale of a commodity out of the stock when the commodity price rises above the established maximum price. (Salvatore, 2007)
Export Controls – a type of international commodity agreement that seeks to regulate the quantity of the commodity exported by each nation. (Salvatore, 2007)
The Role of Coffee in Economic Development
Contents
INTRODUCTION Purpose of Report Scope of report Definitions
Background
International Coffee Trade Price Stabilization in the Coffee Economy The International Coffee Organization International Coffee Agreements
Labor & Technology in Coffee Production
Summary & Conclusions
References
Figures & Tables
Figure 1. Map of production r: cultivation of Coffea Robusta, m: cultivation of Coffea Robusta and Coffea Arabica., a: cultivation of Coffea Arabica.
Figure 2. Green coffee bean cash and future price from 1995 - 2005 Source: Leibtag et al., 2007, p. 2
Table 1. Coffee exports as a percentage of total exports. (ICO.org Statistics May 1994. International Statistics October 1994)
Coffee Economics: The Role Of Coffee In Economic Development
Introdution
Purpose of Report The purpose of this report is to review the history of and examine the role of coffee in economics and the economic development of coffee producing countries.
Scope of Report The scope of this report is limited by the topic assigned, the period allowed for its completion, and the absence of a research budget. The report was delimited by gathering research through the Cook Library on the campus of The University of Southern Mississippi, the Internet, and the textbook used in the International Economics 436 undergraduate course.
Definitions
Buffer Stocks – a type of international commodity agreement that involves the purchase of a commodity (to be added to the stock) when the commodity falls below an agreed minimum price, and the sale of a commodity out of the stock when the commodity price rises above the established maximum price. (Salvatore, 2007)
Export Controls – a type of international commodity agreement that seeks to regulate the quantity of the commodity exported by each nation. (Salvatore, 2007)
References: Coffee Research Institute. (2006). Retrieved April 22, 2008, from http://www.coffeeresearch.org/market/exportation.htm Elkins, F. (2006). Whole Latte Love. Retrieved April 25, 2008, from http://www.wholelattelove.com/articles/coffee_crisis.cfm "Image: Carte Coffea Robusta Arabic.Png.” Wikipedia. 18 Dec. 2007. 22 Apr. 2008 . International Coffee Organization. (2008). Retrieved April 26, 2008, from http://www.ico.org/mission.asp Leibtag, E., Nakamura, A., Nakamura, E., & Zerom, D. (2007). The Coffee Value Chain. Amber Waves, Cost Pass-Through in the U.S. Coffee Industry, EER-38, 1-4. Retrieved April 26, 2008, from http://www.ers.usda.gov/publications/err38/err38b.pdf Pizano, D. (2001). Coffee Institutions and Economic Development in Producing Countries. World Coffee Conference, London. Retrieved April 22, 2008. Roberts, R. Munger on Fair Trade. On EconTalk - The Library of Economics and Liberty Podcast. Retrieved April 26, 2008. Salvatore, D. (2007). International economics (9th ed.). New York: J. Wiley.