full transcript

From the Ted Talk by Eleni Gabre-Madhin: A commodities exchange for Ethiopia

Unscramble the Blue Letters

So, the ECX is an Ethiopian exchange for Ethiopia. We're caerntig a system that serves all market artocs, that creates integrity, trust, eefcfniciy, transparency and enables small farmers to manage the risks that I have described. In the design of our commodity exchange in Ethiopia, we've done something rather unqiue, which is to take the approach of an integrated perspective, or what we call the ECX Edge. The ECX Edge pretty much creates the entire ecsyseotm in which the market will develop itself. And this is because one of the things we've learned over the last decade of studying market development in afirca is that the peeeciaml approach does not work. You've got one donor trying to develop mkreat information, another trying to work on or sponsor grades and srdnadats, another ICT, and yet another on warehousing, or warehouse receipts.

Open Cloze

So, the ECX is an Ethiopian exchange for Ethiopia. We're ________ a system that serves all market ______, that creates integrity, trust, __________, transparency and enables small farmers to manage the risks that I have described. In the design of our commodity exchange in Ethiopia, we've done something rather ______, which is to take the approach of an integrated perspective, or what we call the ECX Edge. The ECX Edge pretty much creates the entire _________ in which the market will develop itself. And this is because one of the things we've learned over the last decade of studying market development in ______ is that the _________ approach does not work. You've got one donor trying to develop ______ information, another trying to work on or sponsor grades and _________, another ICT, and yet another on warehousing, or warehouse receipts.

Solution

  1. creating
  2. ecosystem
  3. standards
  4. africa
  5. piecemeal
  6. actors
  7. efficiency
  8. unique
  9. market

Original Text

So, the ECX is an Ethiopian exchange for Ethiopia. We're creating a system that serves all market actors, that creates integrity, trust, efficiency, transparency and enables small farmers to manage the risks that I have described. In the design of our commodity exchange in Ethiopia, we've done something rather unique, which is to take the approach of an integrated perspective, or what we call the ECX Edge. The ECX Edge pretty much creates the entire ecosystem in which the market will develop itself. And this is because one of the things we've learned over the last decade of studying market development in Africa is that the piecemeal approach does not work. You've got one donor trying to develop market information, another trying to work on or sponsor grades and standards, another ICT, and yet another on warehousing, or warehouse receipts.

Frequently Occurring Word Combinations

ngrams of length 2

collocation frequency
commodity exchange 6
small farmers 5
rural africa 3
africa today 3
chicago board 3
gross national 2
nobel prize 2
million people 2
agricultural output 2
nearest local 2
market risk 2
maize prices 2
direct implications 2
ethiopia commodity 2
tremendous losses 2
warehouse receipts 2
commodity exchanges 2
ecx edge 2
legal framework 2
price premium 2

Important Words

  1. actors
  2. africa
  3. approach
  4. call
  5. commodity
  6. creates
  7. creating
  8. decade
  9. design
  10. develop
  11. development
  12. donor
  13. ecosystem
  14. ecx
  15. edge
  16. efficiency
  17. enables
  18. entire
  19. ethiopia
  20. ethiopian
  21. exchange
  22. farmers
  23. grades
  24. ict
  25. information
  26. integrated
  27. integrity
  28. learned
  29. manage
  30. market
  31. perspective
  32. piecemeal
  33. pretty
  34. receipts
  35. risks
  36. serves
  37. small
  38. sponsor
  39. standards
  40. studying
  41. system
  42. transparency
  43. trust
  44. unique
  45. warehouse
  46. warehousing
  47. work