Fair Price and Fair Wages

Resource Towards an integrated approach for project analysis for small farmers: the Living Income / Fair Price method
Type Policy Paper
Last update: 23/02/2015
Type: Policy Paper
Language English
Year of publication: 2014
Citation: Agriculture, small farmers, rural development, economic and social project analysis, living income, fair price
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Summary The paper provides a basis for an integrated approach of agricultural project analysis with special attention to small farmers by expanding FAO’s Commodity Chain Analysis to an approach that includes power relations, both national and international, and income distribution. In order to be able to invest in production increasing techniques, the farmer must get enough revenue for his products to maintain his family in an appropriate way, as well as to be able to invest in tools and equipment. The economic, financial and social consequences of the prevailing system of market prices on small farmers are analysed and ‘fair’ prices for the products are calculated. These fair prices are based on a Living Income concept that allows farmers a decent standard of living and some funds to invest.
Role Organisation
Network Organisation organisation details Fair Price and Fair Wages