Banana Case Study_4_page Flashcards
Bananas are the _______[1st, 2nd, 4th, 6th] most
important crop in ensuring food
security in the developing world.
Bananas are the** fourth** most
important crop in ensuring food
security in the developing world.
Just ____ percent of bananas
are traded on the world’s market –
the rest are mainly supplied
domestically.
Just 15% of bananas
are traded on the world’s market –
the rest are mainly supplied
domestically.
Production and trade of this is
dominated by five companies –
which control more than _____ of
global trade.
Production and trade of this is
dominated by five companies –
which control more than 80% of
global trade.
Name ONE Banana Company
Chiquita
Name a country that is the biggest producer and consumer of bananas
India
Is the biggest producer of bananas also the biggest exporter?
No;India produces and
consumes the most
bananas globally.
However, because
it has such high
levels of both, most
of the distribution
takes place within
India exclusively –
as opposed to
being exported.
What is market diversification?
Market diversification refers to
the process of increasing amounts of companies,
often smaller, eating away at large dominant
TNCs* in an industry.
What process led to higher market diversification in the banana trade?
The increasing role of Fair Trade policies
Name four negative practices of banana producers in Equador [in order to lower the price of the product]
producers in Ecuador’s
banana industry use
1.child labor
2. dangerous conditions,
3. unfair wages
4. union suppression.
Provide two proofs, that the labour conditions in Equador’s banana industry are very bad [workday, minimum wage]
Half of the workers exceed
14-hour workdays and are paid an average of $3.50
each day—less than the minimum wage.
Provide an example of one international organisation that is trying to help workers in Equador.
Agricultural Workers and Peasants’ Trade Union
Association has been able to mobilize. The group
collects evidence on human rights violations and **reports
these violations to the UN **as well as to the crop’s supply
chain.
How does the breakdwon of the cost of banana follow the core-periphery model?
It follows the core periphery
model pretty well, whereby traditionally workers in LICs,
despite doing the bulk of the growing of the bananas
are paid less than 1/12 than its final cost.
Provide TWO causes of the growth of worldwide banana consumption
banana
consumption is rising steadily along with production,
mostly driven by a growing global population with the rise
of emerging economies and growing spending power
amongst their citizens
Currently in the UK around ____of all bananas
sold are classified as Fairtrade. However in other larger markets,
particularly rapidly growing consumerist societies such as China or
India, their popularity is significantly ____ [higher/lower].
Currently in the UK around** ¼ of all bananas**
sold are classified as Fairtrade. However in other larger markets,
particularly rapidly growing consumerist societies such as China or
India, their popularity is significantly lower.
What are the two ways in which Fair Trade helps the farmers?
“Fairtrade Minimum Price” and “Fairtrade Premium”
