Download or read book Role of Crop Insurance in the Agricultural Economy of the Developing Countries written by P. K. Ray and published by . This book was released on 1974 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Economics of Agricultural Crop Insurance Theory and Evidence written by Darrell L. Hueth and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: Government subsidized crop insurance has been used by a number of developed countries as a mechanism to reduce farm income instability by reducing yield risks. This book provides an in-depth analysis and evaluation of government provided crop insurance in developed countries. The book is organized into three sections: Part one presents background material on crop insurance programs in the U.S., Canada and selected other countries. Part two provides some analytical models of multiple peril crop insurance which suggest the possibility of modification of design which could improve performance and which explores theoretical linkages between crop insurance decisions and other producer decisions previously not analyzed. The main part of the book is Part three, where the results of a series of empirical studies using databases particularly designed to answer crop insurance questions are presented. This part of the book tests a number of the hypotheses which were raised in Parts one and two regarding reasons for the view widely held by economists that crop insurance has not functioned well.

Download or read book Insurance of Crops in Developing Countries written by Richard A. J. Roberts and published by Food & Agriculture Org.. This book was released on 2005 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication is primarily concerned with risks to arable and horticultural crops, and the applicability of insurance to managing these risks. Its purpose is to provide an introductory overview of crop and forestry insurance. It begins by defining the boundaries for these types of insurance products in order to assist those interested in exploring and exploiting this financial mechanism. It then outlines how to proceed with planning for crop insurance within the established boundaries. While recognizing that classic, damage-based and yield-based insurance products account for the bulk of all crop insurance written globally, the booklet also points out the dynamism of research and development into new insurance mechanisms. It presents two fairly new insurance products: the first based on insuring a level of crop revenue, and the second where insurable damage is determined on the basis of an index derived from data external to the insured farm. While some of the example material is taken from agriculture and forestry in developed countries, the basic target group of readers is expected to be those concerned with crop and forest risk management in developing parts of the world. This publication will be of interest to farmer unions, producer/commodity groups, processors, marketing firms and others contracting with farmer producers, officials of Ministries of Agriculture, Planning and Commerce, and bankers and insurers with farming and forestry clients.

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 250 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 A Practical Guide to Multi risk Crop Insurance for Developing Countries written by P. K. Ray and published by . This book was released on 1998 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: This guide for university departments and research institutes explores multi-risk crop insurance for developing countries. It covers the needs and benefits of crop insurance, how to approach it, problems and difficulties, and more.

Download or read book Agricultural Insurance written by P. K. Ray and published by Elsevier. This book was released on 2013-10-22 with total page 391 pages. Available in PDF, EPUB and Kindle. Book excerpt: Agricultural Insurance: Principles and Organization and Application to Developing Countries states that agriculture is subject to special elements of uncertainty. The risk inherent in agriculture has been exhaustively discussed in the text. Risks in agriculture can be characterized as property risk and personal risk. Natural risk such as storms, plant diseases, and insect pests is another topic covered in the book. A type of risk that is identified as drought, inundation, frost and freeze, hail, and tornado is called meteorological risk. The book also discusses another form of risk, which is named social risk. Occurrence such as fire, theft or burglary, embezzlement, and technological change belongs to this type of risk. A chapter of the book is devoted to the ways on how to remedy the risks enumerated. Another section of the book defines the term insurance. This section introduces such topic as probability, uncertainty, and the law of large numbers. The book notes that in order for agricultural risk to be insurable, it must satisfy some parameters. The text will provide valuable insight for farmers, financial planners, statisticians, students, and researchers in the field of risk management.

Download or read book Agricultural Insurance written by P. K. Ray and published by Elsevier. This book was released on 2013-10-22 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, which deals comprehensively with agricultural insurance, is the second edition of a book that was published in 1967. The book first deals with the nature of agricultural risks and their insurability. The second part describes the principles and practices of the main types of insurance currently applied to agriculture in different countries. The third and last part is a critical examination of the applicability of the techniques of crop and livestock insurance so far evolved in developed countries to developing countries, and also the possibilities of international reinsurance of national crop insurance systems.

Download or read book Economic Considerations in Crop Insurance written by Warren R. Bailey and published by . This book was released on 1970 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Crop Insurance for Developing Countries written by United Nations Conference on Trade and Development. Secretariat and published by New York : United Nations. This book was released on 1981 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book When implementation goes wrong Lessons from crop insurance in India written by Nirmal, Rajalakshmi and published by Intl Food Policy Res Inst. This book was released on 2021-04-06 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on experiments to bring about comprehensive crop insurance coverage over the last 50 years, the Indian government introduced a new crop insurance program, called Pradhan Mantri Fasal Bima Yojana (PMFBY), in April 2016. Coming after two successive years of drought, the scheme aimed at reducing the burden of smallholders who borrow at high rates of interest but remain at the mercy of the “weather god” to reap optimal returns. Although this new program filled many gaps in the previous crop insurance interventions, it still could not attract smallholder and marginal farmers to fully subscribe to it. It also faced its own set of challenges. It earned farmers’ wrath because of lack of transparency in crop loss assessments and delayed settlement of claims. The government of India had to make the program voluntary under pressure from farmers’ associations, although it was designed as mandatory for famers seeking institutional credit. This paper’s focus is identifying the reasons for failure of PMFBY in most of the states despite its improved features, and comparing these states with a state where it has been relatively successful. It does this through evidence collected from a field study in Marathwada—a drought-prone region in western India, with the nation’s highest rate of farmer suicides. It takes learnings from stakeholder interviews in Marathwada to design implementation strategies for PMFBY’s success and win back the confidence of farmers. The state of Karnataka, in contrast to Marathwada, is an outlier among states in India, with a record of successful implementation of the PMFBY program. This paper studies PMFBY program implementation in Karnataka through a positive deviance case study approach. Though Karnataka hasn’t yet seen full success in terms of penetration achieved in crop insurance, its model can help develop best practices for implementation of PMFBY. The paper argues that getting buy-in from all stakeholders, adopting remote sensing technologies, strengthening infrastructure and institutional capacity, conducting outcome evaluation, and putting in place a monitoring system could be effective mechanisms to mainstream the program among smallholder farmers.

Download or read book Crop Insurance for Agricultural Development written by P. B. R. Hazell and published by IICA Biblioteca Venezuela. This book was released on 1986 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: Compilation, conference papers, research reports on crop insurance for agricultural development in developed countries and developing countries - considers farmers' and banks' demand as well as state aid for agricultural insurance; discusses practical experiences in Brazil, Japan and the USA. Bibliography, graphs, statistical tables.

Download or read book Innovations in Insuring the Poor written by Ruth Vargas Hill and published by Intl Food Policy Res Inst. This book was released on 2010-01-22 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risk and poverty are inextricably linked. Susceptibility to risk is a defining feature of what it means to be poor. Poor people often live in environments characterized by high weather and disease risk, and it is poor households that have the fewest tools to deal with drought, floods, and disease when they occur. Breaking the link between risk and poverty by insuring poor people both lessens the affliction of poverty and allows poor people to participate in income growth. This set of briefs considers how to increase the tools available to poor households to manage agricultural and health risks. The focus is how to develop insurance markets, along with other financial instruments such as credit, savings, and social protection policies. The series does not document the proven impact of insurance markets for the welfare of poor people; rather, it brings together briefs written by businesspeople, policymakers, and researchers that document innovations, lessons learned, and areas of future work and action.

Download or read book A Manual on Crop Insurance for Developing Countries written by Parimal Kumar Ray and published by . This book was released on 1974 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Crop Insurance Program Has Merit But FCIC Should Study Ways to Increase Participation written by and published by . This book was released on 1988 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Is there a market for multi peril crop insurance in developing countries moving beyond subsidies Evidence from India written by Ghosh, Ranjan Kumar and published by Intl Food Policy Res Inst. This book was released on 2019-03-29 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: Researchers and policymakers have long understood the benefits of crop insurance but have been consistently disappointed by the poor performance of these programs. Rarely have programs seen sizeable take-up rates without support through large government subsidies, and in many countries, demand has been meager even at prices well below fair-market rates. Experiences from India have largely followed this trend, despite a number of large policy initiatives. Limited demand stems from low perceived value, arguably because the existing insurance products are unsuited to farmers’ needs. The present study fills an important gap in rural development by improving upon existing insurance policy design by incorporating product characteristics better suited to farmers’ preferences. To do so, we conducted a discrete choice experiment with agricultural households in four states in India. While farmers seem to like several of the features of policies offered under existing programs, our results suggest they would generally be willing to pay more than the highly subsidized rate they currently pay and are also clearly dissatisfied with delayed and uncertain indemnity payments and would be willing to pay a significant premium for more assured and timely payment delivery.

Download or read book The Economic Impact of Public Support to Agriculture written by Virgil Ball and published by Springer Science & Business Media. This book was released on 2010-07-27 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite a gradual and sustained decline in the contribution of agriculture to the economies of the member countries of the Organization for Economic Cooperation and Development (OECD), the sector remains socially and politically important. Although agriculture accounts for less than 2% of the gross domestic product of the OECD countries, it occupies over 35% of their total land area. Predominantly rural regions, where agriculture remains particularly important, contain almost one quarter of the population of OECD countries. The past quarter century has witnessed signi?cant changes in agricultural po- cies in OECD countries. Although total support remains high, a shift has taken place from price-linked measures to direct income support, most notably in the European Union. Policies have been adapted to meet pressing social concerns, such as ens- ing food security and improving environmental quality. OECD countries face major economic issues due to the ageing of their populations and the need to adapt to gl- alization and increasing competition from emerging economies. Continued pressure to reform agricultural policies will be exerted by the need to economize on the use of scarce public resources. At the same time, agriculture faces new challenges g- erated by climate change, the “greening” of the economy, increasing scarcity of energy and water, and the demands placed on the food system by an expanding world population.

Download or read book A Manual on Crop Insurance for Developing Countries written by P. K. Ray and published by . This book was released on 1974 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: