Creating Agricultural Markets : How the Ethiopia Commodity Exchange Connects Farmers and Buyers through Partnership and Technology

Haile, Abenet Bekele ; Volk, Ariane ; Rehermann, Thomas

International Finance Corporation, Washington, DC

关键词: COMMODITY EXCHANGE;    AGRICULTURE;    AGRICULTURAL MARKETS;    PRICE RISK;    TECHNOLOGY;   

RP-ID  :  115706

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

Commodity exchanges can provide emergingmarket economies with orderly, transparent, and efficientmarkets by acting as mechanisms that mitigate price risk,discover equilibrium prices, and connect buyers and sellers.Exchanges can also reduce transaction costs and informationasymmetries by using technology to disseminate marketinformation while creating better supply chains. TheEthiopia commodity exchange is striving to transformEthiopia’s agriculture sector from a fragmented one markedby high transaction costs and low quality standards to athriving and reliable part of the country’s economy.Ethiopia’s exchange continues to expand its activity acrossthe farming regions of the country.