The challenge of international development requires a medley of ideas. At the Multilateral Investment Fund, we work in an array of topics that are at the forefront of efforts to spur the economic development of the private sector in Latin America and the Caribbean. Each week, this blog "Trends" brings you our latest research and thinking. 

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Systematic sustainability is the goal of new fair-trade initiative

By Alejandro Escobar A.

It used to be that coffee and bananas were among the few products that carried a fair trade label, and made people feel good about their purchases during trips to the local supermarket. Nowadays, there are a vast number of products with some kind of standard or certification that guarantees a fair price, ensures that organic standards were met during production, or at least, says where it was grown. You can look for these labels now on just about every product you buy: fish, strawberries, quinoa, and even milk.