SAFFRON (Red Gold): Production and Marketing

SAFFRON (Red Gold): Production and Marketing

-An Economic Analysis

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Saffron is the most expensive spice in the world. Its economic importance is reflected from the fact that it is perhaps the only farm product the world over, traded in grams rather than kilograms or tons. It is in demand the world over by virtue of its unique aroma, colouring capacity and proven medicinal properties. It is of great economic importance to Iran (Iran's Red Gold) because, as a heavily labour-intensive crop, its production, processing and marketing generate considerable employment and income in the country. Currently very little systematic literature is available on the economics ...