Over coming decades, changes in population age structure will have profound implications for the macroeconomy, influencing economic growth, generational equity, human capital, saving and investment, and the sustainability of public and private transfer systems. How the future unfolds will depend...

This article develops a simple economic model to explain the observed market structure, nature of production and behaviour of coffee consumers before 1993, and analyses these changes, since 1993, as a consequence of liberalization and globalization measures. Market equilibrium conditions under...