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social enterprise (inclusive business (Grameen Danone (bring daily healthy…

- - - - run by local entrepreneurs.
- - - - If firms are driven by short-term financial profitability, they may not
      - make the long-term investments necessary to promote human development or
      - benefit the poor.
  - - - (1) knowledge of local markets and
      - (2) informal institutions
      - (3) access to legitimacy in terms of local informal institutions,
    - - access to capital
      - improved efficiencies and accountability
      - large distribution networks
- - - - creation of jobs
      - economic processes, technological developments, political influences, health systems
    - - increased inequality in developing nations between the rich and the poor.
      - environmental deteriorations, instability in commercial and financial markets
      - China and India have grown faster
        but Africa still have the highest poverty rates
- - - - freedom of association, safe working conditions, Environmental protection.
      - The premium : investments increase farmer productivity; community infrastructure, health clinics
      - coffee certification labels : FLO-CERT, in charge of inspecting and certifying producers and traders.
      - Price floor : avoid the risk
      - ensures a fair return for their labor/ improve work condition
      - cut down the exploitation in the supply chain
      - The specific mechanisms : a combination of guidelines for price negotiation and requirements for certification
      - Finally, whilst Fairtrade cuts the number of middlemen between the farmer and the consumer, and provides a stable and consistent price to the farmers, it doesn't address the power held by Western roasters and trading companies which essentially upholds a colonial style trading pattern of coffee.
      - https://blackgoldmovie.com/directors-faq#price
    - - it didn’t count in the damage to nature, the sacrifices of the labor
      - These cost saving techniques : subcontracting work to other factories and slashing safety.
      - garment supply chain
      - Long hours, exposure to harmful chemicals and abuse are the norm.
      - “While fashion chains continue to get wealthier, people at the very bottom are not getting their fair share
      - “Fast fashion utilizes trend replication, rapid production, and low quality materials> inexpensive ”