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The Tea Industry: A New Sustainability Approach
(Colombo: Verité Research, 2013-06-09)
What do unions do? In a landmark title by this name (1984), Harvard University economists Richard Freeman and James Medoff demonstrated that labour unions have two faces. One is confrontational and the other is cooperative. ...
A Win-Win Solution for Management and Workers in the Tea industry
(Colombo: Verité Research, 2013-03)
Pareto Efficiency is an important concept in economics. It occurs when all win-win opportunities have been fully pursued. In societies as well as in organisations there are numerous opportunities to make changes that leave ...
Sri Lanka’s tea industry – too long in adolescence, it’s time to grow up
(Colombo: Verité Research, 2016-02-26)
Tea sector wage negotiations periodically go into deadlock. There are political reasons for this situation, but also an overarching economic one: global tea prices have declined – as it periodically happens – and the ...