TRABAJO DE INVESTIGACIÓN QUE SE PRESENTA COMO REQUISITO PARA EL TÍTULO DE INGENIERO EN CIENCIAS EMPRESARIALES CON CONCENTRACIÓN EN NEGOCIOS INTERNACIONALES Y EN FINANZAS INTERNACIONALES

Abstract

The current commercialization system for commodities leads to distortions in the chain of value, which represent for smallholders higher transactions costs due to their broad dispersion, limited financing sources, reliance on intermediaries, lack of liability in compliance and establishment of fair and acceptable prices. While this situation entails disadvantages for smallholders, moreover, it affects the whole marketing chain; meanwhile in other countries worldwide and regional-wide these obstacles have already been overcome. Through a thorough analysis of the economic and social context of the sector and a survey conducted to national agricultural farmers, the Commodities Exchange is presented as an effective tool for the reduction of transaction costs and risks, price discovery according to supply and demand, better revenue distribution, in particular to rural zones, construction of a more sophisticated financially oriented culture and replacement for direct government intervention, backed by concrete results obtained from successful case studies in developing nations.