Fair prices have been defined and adopted by international bodies only in the case of a few commodities. Without a benchmark, the definition of a "fair price" is difficult. Traidcraft, a UK-based fair trading company has addressed the "fair price" issue in three ways: 1. All the producers visited were asked how they would define a fair price for their products and whether they thought the prices paid by the company measured up to their expectation of fairness; 2. Prices paid by the company were compared where possible with prices producers could obtain selling to other traders; 3. Products appearing in the company's catalogues were listed alongside information on cost and profit to the producer. As a result of its fair trade objectives, Traidcraft pays US$6.75/kg for bulk instant coffee from a factory in Tanzania. The factory supplies the same coffee to a multinational retailer at US$4 to 4.50/kg. At the same time, it is considered that, in 1994, coffee farmers in Tanzania generally received less that half the 'international fair price' for their coffees. Traidcraft also pays 32% more for its Tanzanian honey than the honey coop's other export customer and 55% above the local market price; the "fair price" sales provide the coop with a profit of 33%, which have enabled it to replace some of the traditional bark hive which cause damage to trees.
The price is fair if it absorbs production and manufacturing costs and gives room for future capital investment.
The Encyclopedia of World Problems and Human Potential is a unique, experimental research work of the Union of International Associations. It is currently published as a searchable online platform with profiles of world problems, action strategies, and human values that are interlinked in novel and innovative ways. These connections are based on a range of relationships such as broader and narrower scope, aggravation, relatedness and more. By concentrating on these links and relationships, the Encyclopedia is uniquely positioned to bring focus to the complex and expansive sphere of global issues and their interconnected nature.
The initial content for the Encyclopedia was seeded from UIA’s Yearbook of International Organizations. UIA’s decades of collected data on the enormous variety of association life provided a broad initial perspective on the myriad problems of humanity. Recognizing that international associations are generally confronting world problems and developing action strategies based on particular values, the initial content was based on the descriptions, aims, titles and profiles of international associations.
Non-profit, apolitical, independent, and non-governmental in nature, the UIA has been a pioneer in the research, monitoring and provision of information on international organizations, international associations and their global challenges since 1907.