Eleni Gabre-Madhin: A commodities exchange for Ethiopia

The video discusses the concept of happiness as a fundamental human right linked to freedom of choice, which can be expressed through well-functioning markets. It highlights the challenges faced by African farmers, particularly in Ethiopia, due to under-capitalized agriculture and inefficient markets. The video critiques past market reforms and introduces the Ethiopia Commodity Exchange (ECX) as a solution to improve market access and efficiency. The ECX aims to transform the agricultural market by providing infrastructure, market information, and a trading platform tailored to Ethiopia's needs.

What is the concept of gross national happiness as discussed in the text?

How does the text define happiness?

What were the main reasons for the famine in Ethiopia in 1984 according to the text?

In what ways does the text suggest that Africa's agricultural markets are under-capitalized?

What challenges do small farmers in Africa face in accessing markets?

What implications does price volatility have for farmers in Africa?

What role does the Ethiopian Commodity Exchange (ECX) aim to play in the agricultural market?

What historical example is used to illustrate the importance of commodity exchanges?

How does the text describe the impact of market information on farmers' decisions?

What are the expected outcomes of the ECX for Ethiopian farmers?