The paper investigates the extent to which the dollar/sterling exchange rate fluctuations affect coffee and cocoa futures prices on the London LIFFE and the New York CSCE by means of multivariate GARCH models - under the assumption that traders in perfectly competitive markets have equal access...

One of the key trends characterizing agro-food trade in the last two decades has been the increas-ing complexity of public and private standards that are applied to imports into developed coun-tries. This paper aims to identify critical areas to facilitate compliance with sustainability...

Ethiopian montane rainforests are economically valuable repositories of biodiversity, especially of wild Coffea Arabica populations, and they are vanishing at accelerating rates. Our research results confirm theory which explains biodiversity loss by diverging private and social net benefits...

The Ethiopian government initiated the Ethiopian Coffee Trademarking and Licensing Initiative in 2004 for three coffee origins: Sidama, Yirgacheffe and Harar. Following a court case between Starbucks and the Ethiopian government regarding this initiative, Oxfam organized a publicity campaign....

The importance of coffee to the world economy cannot be underestimated. It is one of the most widely traded agricultural commodities in the world market. Around 400 billion cups are consumed per year, most of which are sold in Europe where drinking coffee is an integral way of life. The global...

In the context of recent commodity price hikes, the financialisation of commodity derivative markets, reflected in the increased presence of financial investors and new financial products such as commodity index and exchange traded funds has been controversially discussed. Many studies focus on...

Policies and external shocks affecting agriculture, the main source of income for rural households, can be expected to have a significant impact on poverty. This paper studies the case of Uganda. Throughout the 1990s, more than 90 percent of its poor lived in rural areas and, during the same...