Managing Agricultural Production Risk : Innovations in Developing Countries

This document presents innovations in agricultural risk management for natural disaster risk, with the focus on defining practical roles for governments of developing countries and the World Bank in developing risk management strategies. The paper includes the following content: introduction; risk and risk management in agriculture, including informal and formal mechanisms; approaches to agricultural risk in developed countries; innovation in managing production risk - index insurance; new approaches to agricultural risk management in developing countries; from theory to practice: pilot projects for agricultural risk transfer in developing countries; and potential roles for governments and the World Bank.

Bibliographic Details

Main Author:	World Bank
Language:	English en_US
Published:	Washington, DC 2005-01
Subjects:	ADVERSE SELECTION, AGRICULTURAL COMMODITIES, AGRICULTURAL DEVELOPMENT, AGRICULTURAL INSURANCE, AGRICULTURAL POLICY, AGRICULTURAL PRODUCTION, ARID TROPICS, ASSURANCE, ASYMMETRIC INFORMATION, BASIS RISK, BORROWING, CAPITAL MARKETS, COMMERCIAL BANK, COMMERCIAL FARMERS, COVERAGE, CREDIT, CROP DIVERSIFICATION, CROP INCOME, CROP INSURANCE, CROP YIELDS, DEBT, DISASTERS, DRINKING WATER, DROUGHT, ECONOMICS, EMPLOYMENT, EXTREME POVERTY, FARMERS, FARMING SYSTEMS, FINANCIAL INSTITUTIONS, FINANCIAL MARKETS, FINANCIAL RISK, FINANCIAL SERVICES, FOOD MARKETS, FOOD POLICY, FOOD SECURITY, GENERAL INSURANCE, GLOBAL MARKETS, GOVERNMENT INTERVENTION, INCOME, INCOME GAINS, INDEMNITY, INSURANCE, INSURANCE COMPANIES, INSURANCE CONTRACTS, INSURANCE MARKETS, INSURANCE POLICIES, INSURANCE PREMIUMS, INSURANCE PRODUCTS, INSURANCE RISK, INTERNATIONAL FINANCE, INTERNATIONAL FINANCIAL INSTITUTIONS, INVESTIGATIONS, LACK OF INFRASTRUCTURE, LIQUID ASSETS, MARKET RISK, MICROFINANCE, MORAL HAZARD, POOR, POOR FARMERS, POOR HOUSEHOLDS, POOR PEOPLE, POOR RURAL HOUSEHOLDS, PORTFOLIOS, PRICE RISK, PRODUCTIVITY, PROFITABILITY, PROGRAMS, RATES, REINSURANCE, REINSURANCE AGREEMENT, REINSURANCE MARKETS, REINSURERS, RISK, RISK MANAGEMENT, RISK MANAGEMENT POLICIES, RISK SHARING, RISK TRANSFER, RURAL, RURAL AREAS, RURAL DEVELOPMENT, RURAL GROWTH, RURAL HOUSEHOLDS, RURAL POOR, RURAL SECTOR, SAFETY NET PROGRAMS, SAFETY NETS, SAVINGS, SMALLHOLDER AGRICULTURE, SUBSIDIARY, TECHNICAL ASSISTANCE, TRANSACTION COSTS, TRANSFER PROGRAMS, TRANSPARENCY, UNDERWRITING,
Online Access:	http://documents.worldbank.org/curated/en/2005/01/7141381/managing-agricultural-production-risk https://hdl.handle.net/10986/14434
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