Download or read book managing Agricultural Risk at the Country Level written by Olivier Mahul and published by World Bank Publications. This book was released on 2007 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: This paper describes the index-based livestock insurance program in Mongolia designed in the context of a World Bank lending operation with Government of Mongolia and implemented on a pilot basis in 2005. This program involves a combination of self-insurance by herders, market-based insurance, and social insurance. Herders retain small losses, larger losses are transferred to the private insurance industry, and extreme or catastrophic losses are transferred to the government using a public safety net program. A syndicate pooling arrangement protects participating insurance companies against excessive insured losses, with excess of loss reinsurance provided by the government. The fiscal exposure of Government of Mongolia toward the most extreme losses is protected with a contingent credit facility. The insurance program relies on a mortality rate index by species in each local region. The index provides strong incentives to individual herders to continue to manage their herds so as to minimize the impacts of major livestock mortality events; individual herders receive an insurance payout based on the local mortality, irrespective of their individual losses. This project offered the first opportunity to design and implement an agriculture insurance program using a country-wide agricultural risk management approach. During the first sales season, 7 percent of the herders in the three pilot regions purchased the insurance product.
Download or read book Managing Risk in Agriculture Policy Assessment and Design written by OECD and published by OECD Publishing. This book was released on 2011-06-30 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the implications of risk management for policy in agriculture. Opening with a chapter on risk management principles and guidelines for policy design in agriculture, the book goes on to look at quantitative analysis of risk and then at policy in various countries.
Download or read book Income Risk Management in Agriculture written by OECD and published by OECD Publishing. This book was released on 2000-12-11 with total page 147 pages. Available in PDF, EPUB and Kindle. Book excerpt: These OECD workshop proceedings examine the various risk strategies used by farm households, in particular those attracting renewed interest such as diversification of income sources, vertical co-ordination, hedging on futures markets, insurance coverage and public safety-nets.
Download or read book Managing Agricultural Risk at the Country Level written by Olivier Mahul and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper describes the index-based livestock insurance program in Mongolia designed in the context of a World Bank lending operation with Government of Mongolia and implemented on a pilot basis in 2005. This program involves a combination of self-insurance by herders, market-based insurance, and social insurance. Herders retain small losses, larger losses are transferred to the private insurance industry, and extreme or catastrophic losses are transferred to the government using a public safety net program. A syndicate pooling arrangement protects participating insurance companies against excessive insured losses, with excess of loss reinsurance provided by the government. The fiscal exposure of Government of Mongolia toward the most extreme losses is protected with a contingent credit facility. The insurance program relies on a mortality rate index by species in each local region. The index provides strong incentives to individual herders to continue to manage their herds so as to minimize the impacts of major livestock mortality events; individual herders receive an insurance payout based on the local mortality, irrespective of their individual losses. This project offered the first opportunity to design and implement an agriculture insurance program using a country-wide agricultural risk management approach. During the first sales season, 7 percent of the herders in the three pilot regions purchased the insurance product.
Download or read book Managing Risk in Agriculture A Holistic Approach written by OECD and published by OECD Publishing. This book was released on 2009-09-18 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the current magnitude and characteristics of risk-related policies in agriculture and what is known about the quantitative size of agricultural risks. It also looks at the on-farm, off-farm, and market instruments available to manage risk.
Download or read book Managing Risk in Farming written by and published by . This book was released on 1999 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Managing Risk in Farming written by David Kahan and published by Food & Agriculture Organization of the UN (FAO). This book was released on 2013 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: This guide is intended to help extension workers better understand the concept of risk, the situation where risk occurs and management strategies that can be used to reduce, or at least soften, its effect. It is hoped that the guide will be useful in assisting extension workers to provide farmers with advice on the kind of risk management strategies that they can employ to deal with risk in their day-to-day operations. In this way extension workers can help farmers recognize and understand the risks that they are likely to face and assist them in making better farm management decisions that reduce the negative effect of the risks encountered in farming.
Download or read book Managing Climate Risk in the U S Financial System written by Leonardo Martinez-Diaz and published by U.S. Commodity Futures Trading Commission . This book was released on 2020-09-09 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication serves as a roadmap for exploring and managing climate risk in the U.S. financial system. It is the first major climate publication by a U.S. financial regulator. The central message is that U.S. financial regulators must recognize that climate change poses serious emerging risks to the U.S. financial system, and they should move urgently and decisively to measure, understand, and address these risks. Achieving this goal calls for strengthening regulators’ capabilities, expertise, and data and tools to better monitor, analyze, and quantify climate risks. It calls for working closely with the private sector to ensure that financial institutions and market participants do the same. And it calls for policy and regulatory choices that are flexible, open-ended, and adaptable to new information about climate change and its risks, based on close and iterative dialogue with the private sector. At the same time, the financial community should not simply be reactive—it should provide solutions. Regulators should recognize that the financial system can itself be a catalyst for investments that accelerate economic resilience and the transition to a net-zero emissions economy. Financial innovations, in the form of new financial products, services, and technologies, can help the U.S. economy better manage climate risk and help channel more capital into technologies essential for the transition. https://doi.org/10.5281/zenodo.5247742
Download or read book Managing Risk in Agriculture Policy Assessment and Design written by OECD and published by OECD Publishing. This book was released on 2011-07-27 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the implications of risk management for policy in agriculture. Opening with a chapter on risk management principles and guidelines for policy design in agriculture, the book goes on to look at quantitative analysis of risk and ...
Download or read book Risk Management in Agriculture written by Peter J. Barry and published by Wiley-Blackwell. This book was released on 1984 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: Wiskundige analysemethoden voor het bepalen van financiele risico's in het landbouwbedrijfsbeheer
Download or read book Coping with Risk in Agriculture 3rd Edition written by J Brian Hardaker and published by CABI. This book was released on 2015-04-24 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risk and uncertainty are inescapable factors in agriculture which require careful management. Farmers face production risks from the weather, crop and livestock performance, and pests and diseases, as well as institutional, personal and business risks. This revised third edition of the popular textbook includes updated chapters on theory and methods and contains a new chapter discussing the state-contingent approach to the analysis of production and the use of copulas to better model stochastic dependency. Aiming to introduce agricultural decision making, probability and risk preference, this book is an indispensable guide for students and researchers of agriculture and agribusiness management.
Download or read book Shock Waves written by Stephane Hallegatte and published by World Bank Publications. This book was released on 2015-11-23 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ending poverty and stabilizing climate change will be two unprecedented global achievements and two major steps toward sustainable development. But the two objectives cannot be considered in isolation: they need to be jointly tackled through an integrated strategy. This report brings together those two objectives and explores how they can more easily be achieved if considered together. It examines the potential impact of climate change and climate policies on poverty reduction. It also provides guidance on how to create a “win-win†? situation so that climate change policies contribute to poverty reduction and poverty-reduction policies contribute to climate change mitigation and resilience building. The key finding of the report is that climate change represents a significant obstacle to the sustained eradication of poverty, but future impacts on poverty are determined by policy choices: rapid, inclusive, and climate-informed development can prevent most short-term impacts whereas immediate pro-poor, emissions-reduction policies can drastically limit long-term ones.
Download or read book Agricultural Risk Management written by J Devi Prasad and published by . This book was released on 2018-10 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Agriculture is a profession of hope", someone said. Man has landed on moon and has sent unmanned spacecrafts to Mars and Venus and transforming lives by fascinating technological innovations, yet he cannot shower rains at will, cannot prevent droughts or floods or even predict them with certainty. Risk and uncertainty are considered ubiquitous and varied in agriculture resulting from a range of factors including the vagaries of weather, the unpredictable nature of biological processes, the pronounced seasonality of production and market cycles etc. Weather forecasts are probabilities and projections based on improved technologies but not reachable to many small and marginal farmers. But still vast majority of the people in the country continue in farming with a hope that they would get better production and better prices. Agriculture continues to play a major role, in spite of declining share in India's overall economy. Even today, as we entered the new millennium, the situation is still the same, with almost the entire economy being sustained by agriculture, which is the mainstay of the villages. Although agriculture contributes less than 15% of India's GDP, its importance in the country's' economic, social and political fabric goes well beyond this indicator. The rural areas are still home to 75 percent of the India's 1.2 billion people, a large number of whom are poor. Most of the rural poor depend on rain-fed agriculture and fragile forests for their livelihoods. Agricultural risk is associated with negative outcomes that stem from imperfectly predictable climatic and price variables. Weather and climate are major risks and uncertainty factors impacting agriculture production. Market risk is due accessibility of inputs, uncertainty of prices in buying inputs, selling farm output, dairy and livestock products etc. Risk management is very critical to the success of agriculture, and yet there is a lack of tools used to manage risk as well as a lack of understanding of the tools themselves. Though, risk is an integral part of agriculture and farmers make risky decisions every day and confront different types of risk, changes in the risk environment and available tools to manage the risk make it a compelling reason to engage in risk management education. This volume is outcome of selected papers presented at the National Seminar on "Agricultural Risk Management" organized during 3-4 January 2014 by Centre for Good Governance (CGG) in association with National Institute of Rural Development and Panchayati Raj (NIRD&PR) The purpose of this comprehensive edited book of selected articles is to contribute to improved agricultural decision making by explaining what can be done in risk analysis and management. It should prove useful not only to practitioners and scientists involved in agriculture, water and land use, environmental management but also to policy makers in formulating appropriate strategies in agricultural risk management in India and elsewhere. Further, we hope that this volume will contribute to productive policy change to formulate sustainable risk mitigation strategies in agriculture leading to increased farm income
Download or read book OECD FAO Guidance for Responsible Agricultural Supply Chains written by OECD and published by OECD Publishing. This book was released on 2016-10-14 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: OECD and FAO have developed this guidance to help enterprises observe standards of responsible business conduct and undertake due diligence along agricultural supply chains in order to ensure that their operations contribute to sustainable development.
Download or read book Government Support to Agricultural Insurance written by Olivier Mahul and published by World Bank Publications. This book was released on 2010-03-08 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: Governments in developing countries have been increasingly involved in the support of agricultural (crop and livestock) insurance programs in recent years. In their attempts to design and implement agricultural insurance, they have sought technical and financial assistance from the international community and particularly from the World Bank. One of the recurrent requests from governments regards international experience with agricultural insurance, not only in developed countries, where in some cases agricultural insurance has been offered for more than a century, but also in middleand low-income countries. Governments are particularly interested in the technical, operational, financial, and institutional aspects of public support to agricultural insurance. 'Government Support to Agricultural Insurance' informs public and private decision makers involved in agricultural insurance about recent developments, with a particular focus on middle- and low-income countries. It presents an updated picture of the spectrum of institutional frameworks and experiences with agricultural insurance, ranging from countries in which the public sector provides no support to those in which governments heavily subsidize agricultural insurance. This analysis is based on a survey conducted by the World Bank s agricultural insurance team in 2008 in 65 developed and developing countries. Drawing on the survey results, the book identifies some key roles governments can play to support the development of sustainable, affordable, and cost-effective agricultural insurance programs.
Download or read book Global Food Security Challenges for the Food and Agricultural System written by OECD and published by OECD Publishing. This book was released on 2013-06-19 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study is concerned with how changes to the world’s food and agriculture system can contribute to improvements in global food security.
Download or read book World Development Report 2008 written by World Bank and published by World Bank Publications. This book was released on 2007-10-15 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world's demand for food is expected to double within the next 50 years, while the natural resources that sustain agriculture will become increasingly scarce, degraded, and vulnerable to the effects of climate change. In many poor countries, agriculture accounts for at least 40 percent of GDP and 80 percent of employment. At the same time, about 70 percent of the world's poor live in rural areas and most depend on agriculture for their livelihoods. 'World Development Report 2008' seeks to assess where, when, and how agriculture can be an effective instrument for economic development, especially development that favors the poor. It examines several broad questions: How has agriculture changed in developing countries in the past 20 years? What are the important new challenges and opportunities for agriculture? Which new sources of agricultural growth can be captured cost effectively in particular in poor countries with large agricultural sectors as in Africa? How can agricultural growth be made more effective for poverty reduction? How can governments facilitate the transition of large populations out of agriculture, without simply transferring the burden of rural poverty to urban areas? How can the natural resource endowment for agriculture be protected? How can agriculture's negative environmental effects be contained? This year's report marks the 30th year the World Bank has been publishing the 'World Development Report'.
