Download or read book Challenges of Ethiopian Commodity Exchange in a Coffee Market written by Tekabe Sinatyehu and published by LAP Lambert Academic Publishing. This book was released on 2014-06-26 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: To plan a suitable organizational growth as well as for great contribution for the economy, ECX need to identify the basic problems.Hence, the purpose of this study is to examine the basic challenges of ECX on coffee: with the reference of yirgachiffe, sidama, harari and jimma coffee.The findings result from this study reveal that shortfall of agricultural product, physical infrastructure, macroeconomic instability, price fluctuation, lack of adequate warehouses that accommodate ECX participants request, . Higher penalty cost imposed on the participants for not withdrawing their commodity from the warehouses, poor quality of warehouse service insufficient time to store and transfer the commodity, inefficient and inadequate in store credit; discouraging the membership requirement of ECX, expensive membership seat fee and exposed for corruption were found to be amongst the fore front challenges to the success of ECX

Download or read book The coffee production and marketing in Ethiopia An analysis of challenges and opportunities written by Abrham Gebreselassie and published by GRIN Verlag. This book was released on 2021-07-27 with total page 73 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2014 in the subject Agrarian Studies, grade: 5 (Excellent), Szent István University (Institute of Regional Economics and Rural Development), course: Rural Development and Agribusiness, language: English, abstract: The general objective of this paper is to analyze the trends of coffee sector in Ethiopia in general. Furthermore it wants to generate baseline information on production and marketing systems of the selected study area in particular by concentrating on parameters like production, marketing, institutional and organizational support and challenges and opportunities. Currently, Ethiopia contributes 3.6 percent of the total value and 3 percent of the total quantity of coffee traded to the global market, which leads the country to be the 10th largest exporter of coffee in the world and the first exporter in Africa. 40% of the total coffee production of Ethiopia is exported, which earns 33% of the overall value of agricultural goods exported and 24% of the whole export value of the country. Over one-third of the population living in the rural areas and over 15 million populations sustain their livelihoods and participated in coffee production. There are around one million coffee growers in the country. Coffee has been an important commodity which has got greater attention by the government of Ethiopia. It is the first cash crop that the Ethiopia Commodity Exchange (ECX) started trading operations in April 2008 in order to advance coffee markets in the country. High costs and high risks of transaction were the features of agricultural markets in Ethiopia before 2008, with only one third of the production reaching the market. Besides, smallholder farmers have little information about the market which limits them to sell their final products at the nearby market, deal with good prices as well as minimizing their market risk. Coffee market incompetence chiefly affect the income of coffee farmers and discourage them in the process of coffee production and marketing which lead to a significantly decreases in the country’s foreign exchange. This suggests that it is very critical to study and monitor systematically the production and marketing systems in all coffee growing areas of the country for the sake of planning and designing suitable research and development interventions that are applicable to the specific systems.

Download or read book A market for Abdu creating a commodity exchange in Ethiopia written by Eleni Gabre-Madhin and published by Intl Food Policy Res Inst. This book was released on 2012 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Institutions and Market Integration written by Manuel A. Hernandez and published by . This book was released on 2015 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: While the Ethiopian Commodity Exchange (ECX) is widely credited to be a successful on several accounts, there has been little rigorous empirical investigation. This paper attempts to fill that gap by analyzing how ECX has influenced the international-domestic price relationships of coffee -- the largest traded commodity on its floor. We examine three aspects of price dynamics -- market interdependence, volatility transmission, and structural breaks -- using a spatially disaggregated prices of five coffee varieties. The results indicate that contrary to popular media stories, ECX's success in improving coffee price relationships has been limited. The results appear to be robust under all three sets of analysis.

Download or read book The Impact Of Covid 19 On Statistical Characteristics of Coffee Market Evidence From Ethiopian Coffee written by Tewodros Ayalew and published by GRIN Verlag. This book was released on 2020-12-10 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper (postgraduate) from the year 2020 in the subject Business economics - Investment and Finance, grade: 96 %, World Wide Education (WORLDQUANT UNIVERSITY), course: FINANCIAL ENGINEERING CAPSTONE PROJECT, language: English, abstract: Following the recent world crisis as a result of COVID-19 pandemic, the world has suffered tremendous losses in almost all market sectors that form the global economy. In this light, the researchers have decided to carry out a market research in one of the sectors of the global economy which is the commodity market. That market has a booming characteristic specifically the Ethiopian coffee export market. Therefore, it will be the project point of focus. The capstone project focuses on analysing 30 years of data and the current year before and after the COVID-19 pandemic, as well as during the period it has existed. The research used a couple of modern day tools to gather and analyse the data which has been collected from the Ethiopian Coffee Authorities. Tools such as Python and Excel have been used to develop a model for prediction and to test the hypothesis such as the ARIMA, Simple Linear Regression as well as the Paired T-test. Correlation and Covariance analyses have been carried out to test the relationship between the Ethiopian coffee market and the global economy participants such as the US and China to evaluate the degree of relationship and to find out whether the COVID-19 Pandemic has any effects on the coffee market in Ethiopia. The research result shows that the Ethiopian coffee export market will double its revenue for the coming 10 years. The project find out COVID-19 has a significant negative relationship with the coffee market but as compared with other countries disasters, the coffee export market in Ethiopia has been slightly impacted, there was still significant growth in the market during this period due to governmental policies put in place to protect the market from crashing or suffering from very heavy losses over time. It can be considered as a role model for other world countries in combating the pandemic to protect the market.

Download or read book Trade value chains and rent distribution with foreign exchange controls Coffee exports in Ethiopia written by Seneshaw Tamru and published by Intl Food Policy Res Inst. This book was released on 2019-09-18 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exchange rate policies can have important implications on incentives for export agriculture. However, their effects are often not well understood. We study the issue of foreign exchange controls and pricing in the value chain for Ethiopia’s coffee - its most important export crop. Relying on unique pricing and cost data, we find that coffee exporters are willing to incur losses during exporting by offering high prices for coffee locally in order to access scarce foreign exchange. The losses in export markets are then more than recovered in importing, indicating rents - import parity prices are significantly lower than the prices charged for imported goods, so that profits on imports are much higher than the losses incurred in exporting. We further show that the high coffee wholesale prices are transmitted to farmers, so that they benefit from the rents downstream. These results suggest that a better exchange rate alignment to reduce the overvaluation of the local currency in this case would have a lower impact on export crop producer prices than typically is anticipated.

Download or read book The Oxford Handbook of the Ethiopian Economy written by Fantu Cheru and published by Oxford University Press. This book was released on 2019-01-10 with total page 872 pages. Available in PDF, EPUB and Kindle. Book excerpt: From a war-torn and famine-plagued country at the beginning of the 1990s, Ethiopia is today emerging as one of the fastest-growing economies in Africa. Growth in Ethiopia has surpassed that of every other sub-Saharan country over the past decade and is forecast by the International Monetary Fund to exceed 8 percent over the next two years. The government has set its eyes on transforming the country into a middle-income country by 2025, and into a leading manufacturing hub in Africa. The Oxford Handbook of the Ethiopian Economy studies this country's unique model of development, where the state plays a central role, and where a successful industrialization drive has challenged the long-held erroneous assumption that industrial policy will never work in poor African countries. While much of the volume is focused on post-1991 economic development policy and strategy, the analysis is set against the background of the long history of Ethiopia, and more specifically on the Imperial period that ended in 1974, the socialist development experiment of the Derg regime between 1974 and 1991, and the policies and strategies of the current EPRDF government that assumed power in 1991. Including a range of contributions from both academic and professional standpoints, this volume is a key reference work on the economy of Ethiopia.

Download or read book Ethiopia s agrifood system Past trends present challenges and future scenarios written by Dorosh, Paul A., ed. and published by Intl Food Policy Res Inst. This book was released on 2020-09-14 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ethiopia has experienced impressive agricultural growth and poverty reduction, stemming in part from substantial public investments in agriculture. Yet, the agriculture sector now faces increasing land and water constraints along with other challenges to growth. Ethiopia’s Agrifood System: Past Trends, Present Challenges, and Future Scenarios presents a forward-looking analysis of Ethiopia’s agrifood system in the context of a rapidly changing economy. Growth in the agriculture sector remains essential to continued poverty reduction in Ethiopia and will depend on sustained investment in the agrifood system, especially private sector investment. Many of the policies for a successful agricultural and rural development strategy for Ethiopia are relevant for other African countries, as well. Ethiopia’s Agrifood System should be a valuable resource for policymakers, development specialists, and others concerned with economic development in Africa south of the Sahara.

Download or read book The Impact of Ethiopian Commodity Exchange Market ECX on Ethiopian Rural Households written by Roza Azene and published by . This book was released on 2018 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper, I study the impact of the Ethiopian Commodity Exchange (ECX) market on farm prices and farmer total revenues in rural Ethiopia. After the establishment of ECX in 2008, and its wide spread success story, unlike other African countries' counterparts, some theoretical researchers suggest that ECX has provided farmers with higher and more stable prices by reducing transactional costs and decreasing informational asymmetry. To test this theoretical hypothesis, I use a panel dataset and the non-linear as well as the difference-in-difference econometric models in search for changes made by this market and their statistical significance. I used distance from warehouses to create the treatment group definition to understand the impact between the treatment and control groups. The results are fairly consistent with the theoretical assumptions, expecialy for coffee, showing that people closer to the ECX warehouses have in fact received higher prices, and hence revenues relatively, although some of the estimators were not statistically significant. The fact that the datasest ranged until only 2009 is a major time horizone limitation of the study as the impacts made by ECX couldn't have been fully realized just a year and a half as it only had a few warehouses operating at that time. However, I hope that the research will give an empirical understanding of how a ECX has affected the primary stakeholders: the farmers. I believe, with a better set of data of wider time horizon and more variables, these analyses can be advanced to shed light on successful markets and inspire others to build systems where they don't exist especially in the agricultural sector of developing countries like Ethiopia.

Download or read book Cooperation for competition written by Gian Nicola Francesconi and published by BRILL. This book was released on 2023-08-28 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: Throughout history, rural smallholders have formed various forms of associations to confront access-barriers to the market. It is estimated that 250 million farmers participate in agricultural cooperatives in developing countries. Agricultural cooperatives are considered to be a fundamental pillar of rural development strategies, as well as a core institution in the process of governance decentralization and agri-business development. In Ethiopia, where agro-ecological conditions are generally favourable, 85 percent of the national population lives in rural areas under subsistence or semi-subsistence regimes. Agricultural cooperatives are advocated by the government as key market institutions to exploit Ethiopia's agricultural growth potential. The scope of this study is to improve the understanding of the role played by cooperative organizations in linking Ethiopian smallholder farmers to emerging markets. Through exploring the evolution of supermarkets, integrated supply chains, and global commodity exchange networks, this study sheds light on the relationship between rural cooperation and farmers' competitiveness. Quantitative data that form the basis for this study were collected from the Highland regions of Ethiopia, in the period between 2003 and 2006. Findings suggest that cooperatives are not a panacea to boost rural competitiveness. Collective action assists smallholders in procuring state subsidy for production, but does not necessarily lead to increased commercialization. Only when collective action involves collective marketing do farmers become more commercial, further improving production volumes and productivity. However, in the process of commercialization and production intensification quality management is often neglected in Ethiopian agricultural cooperatives. This study reveals guidelines for public-private partnerships so that cooperative farmers can maximize commercialization and optimize the balance between quality and productivity.

Download or read book The Coffee Paradox written by Benoit Daviron and published by Zed Books Ltd.. This book was released on 2013-07-18 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Can developing countries trade their way out of poverty? International trade has grown dramatically in the last two decades in the global economy, and trade is an important source of revenue in developing countries. Yet, many low-income countries have been producing and exporting tropical commodities for a long time. They are still poor. This book is a major analytical contribution to understanding commodity production and trade, as well as putting forward policy-relevant suggestions for ‘solving’ the commodity problem. Through the study of the global value chain for coffee, the authors recast the ‘development problem’ for countries relying on commodity exports in entirely new ways. They do so by analysing the so-called coffee paradox – the coexistence of a ‘coffee boom’ in consuming countries and of a ‘coffee crisis’ in producing countries. New consumption patterns have emerged with the growing importance of specialty, fair trade and other ‘sustainable’ coffees. In consuming countries, coffee has become a fashionable drink and coffee bar chains have expanded rapidly. At the same time, international coffee prices have fallen dramatically and producers receive the lowest prices in decades. This book shows that the coffee paradox exists because what farmers sell and what consumers buy are becoming increasingly ‘different’ coffees. It is not material quality that contemporary coffee consumers pay for, but mostly symbolic quality and in-person services. As long as coffee farmers and their organizations do not control at least parts of this ‘immaterial’ production, they will keep receiving low prices. The Coffee Paradox seeks ways out from this situation by addressing some key questions: What kinds of quality attributes are combined in a coffee cup or coffee package? Who is producing these attributes? How can part of these attributes be produced by developing country farmers? To what extent are specialty and sustainable coffees achieving these objectives?

Download or read book Structure and performance of Ethiopia s coffee export sector written by Minten, Bart and published by Intl Food Policy Res Inst. This book was released on 2014-06-20 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study the structure and performance of the coffee export sector in Ethiopia, Africa’s most important coffee producer, over the period 2003 to 2013. We find an evolving policy environment leading to structural changes in the export sector, including an elimination of vertical integration for most exporters. Ethiopia’s coffee export earn-ings improved dramatically over this period, i.e. a four-fold real increase. This has mostly been due to increases in international market prices. Quality improved only slightly over time, but the quantity exported increased by 50 percent, seemingly explained by increased domestic supplies as well as reduced local consumption. To further improve export performance, investments to increase the quantities produced and to improve quality are needed, including an increase in washing, certification, and traceability, as these characteristics are shown to be associ-ated with significant quality premiums in international markets.

Download or read book Marketing mix and strategy for Ethiopia s coffee marketing written by Dereje Tesfa and published by GRIN Verlag. This book was released on 2019-08-28 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2019 in the subject Business economics - Trade and Distribution, grade: A, , language: English, abstract: Ethiopia is the single largest African producer of coffee with about half of its production going for export. It plays a central role in Ethiopia’s economy and as the country’s leading export is an important source of foreign exchange. The coffee bean export business reserved for Ethiopia citizens. Out of the total number of coffee exporting companies, 93 percent are private companies, 5% are coffee growing farmers' cooperatives, and 2 % are governmental enterprise. The extent to which cooperatives and private, including previous Ethiopian Grain Trade Enterprise (EGTE) now named Ethiopia Trading Business Corporation (የኢትዮጵያ የንግድ ሥራዎች ኮርፖሬሽን) and state farms, play a role in coffee exports from Ethiopia. Currently coffee generates less than 35 percent of the total export earnings. For the last several years its relative predominance in the export sector is decreasing because of increased contribution of other agricultural products like horticulture and floriculture. Consequently, only a little over 26% percent of the total export earnings is contributed by coffee during the year of 2011 (FDRE, 2011). This is the lowest share earned from export of coffee in the history of economy.

Download or read book Social Innovation In Africa written by Ndidi Okonkwo Nwuneli and published by Routledge. This book was released on 2016-07-15 with total page 191 pages. Available in PDF, EPUB and Kindle. Book excerpt: Encouraged by the emergence and early impact of social innovators on the African Continent, but frustrated by the slow pace of large scale change, this book is focused on filling the knowledge gap for those tackling Africa’s serious social problems. It lays out the required building blocks for achieving scale at impact. By creating clear mission, vision, and values statements and piloting and rolling out business models that are demand-driven, simple, and low-cost, with compelling measurement and evaluation tools that leverage technology. It also explores the steps for attracting and retaining talent and financing and forming strategic partnerships with the private, public and non-profit sectors to foster scaling. Practical case studies provide inspiration for those who seek to become innovators or to be employed by them. Finally, it outlines the crucial steps for key stakeholders to take in order to support the emergence of more social innovators on the African continent, create an enabling environment for the scaling of high-impact initiatives and advance collective efforts to build stronger communities for current and future generations. This is a practical and inspirational guide for all entrepreneurs and individuals that seek to combine business and social goals and for those in the public, private and non-profit sectors that aim to foster and support these projects.

Download or read book Panacea for Supply Chain Management in Industries written by Muhalia Eric Jepherson, Gbadamosi Olaniyi Mufutau, Bob Ocheing, Racheal Wanjiru Njoroge, Temsgen Kabeta and published by AJPO Journals USA LLC. This book was released on 2023-03-04 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: TOPICS IN THE BOOK Effect of Transportation Management Systems on Supply Chain Performance of FMCG in Kenya Supply Chain Management and Product Value Creation: A Panacea for Enhancing Company’s Profitability Lean Manufacturing Practices and Supply Chain Performance of Sugar Manufacturing Firms in Western Kenya Effects of Green Procurement Adoption on the Supply Chain Performance at Bata Shoe Company Limited, Kenya Review of Coffee Value Chain in Ethiopia on the Course Crop Value Chain Management

Download or read book Creating Agricultural Markets written by Abenet Bekele Haile and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Commodity exchanges can provide emerging market economies with orderly, transparent, and efficient markets by acting as mechanisms that mitigate price risk, discover equilibrium prices, and connect buyers and sellers. Exchanges can also reduce transaction costs and information asymmetries by using technology to disseminate market information while creating better supply chains. The Ethiopia commodity exchange is striving to transform Ethiopia's agriculture sector from a fragmented one marked by high transaction costs and low quality standards to a thriving and reliable part of the country's economy. Ethiopia's exchange continues to expand its activity across the farming regions of the country.

Download or read book Mobilizing Private Finance for Sustainable Development written by United Nations Development Programme and published by United Nations Development Programme Istanbul International Center for Private Sector in Development (UNDP IICPSD). This book was released on 2016-11-30 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: The proactive engagement of the private sector was critical to accelerate the achievement of the Millennium Development Goals (MDGs). Inevitably, private finance will become even more central in the concerted effort to achieve the Sustainable Development Goals (SDGs) due to their ambition. Private investment decisions in both the real economy and in the financial sector should move the world towards the aspirations set out in the 2030 agenda. This means going far beyond philanthropy and voluntary corporate social responsibility, important though they are. It is a matter of steering the investment decisions that private actors make every day. In the context of the Financing for Development debate, this discussion paper reflects on the latest trends and makes recommendations to: 1. Establish an enabling regulatory environment for the private sector to invest in the SDGs; 2. Introduce “Smart” public incentives to fasten the realignment of private finance to the SDGs; and 3. Foster change in company and consumer behaviours to transition to inclusive and sustainable markets.