Is Agricultural Insurance Fulfilling Its Promise for the Developing World? A Review of Recent Evidence

Released on by Berber Kramer
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  • Is Agricultural Insurance Fulfilling Its Promise for the Developing World? A Review of Recent Evidence Book Detail

  • Author : Berber Kramer
  • Release Date : 2022
  • Publisher :
  • Genre :
  • Pages : 0
  • ISBN 13 :
  • File Size : 13,13 MB
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Is Agricultural Insurance Fulfilling Its Promise for the Developing World? A Review of Recent Evidence by Berber Kramer PDF Summary

Book Description: Innovations in agricultural index insurance have raised expectations that the private sector can overcome shortcomings associated with more traditional indemnity-based products like multiperil crop insurance and strengthen agricultural risk management at scale across developing countries. This article updates previous reviews on agricultural insurance but differs in that it goes beyond the prognosis that recent innovations can help make insurance more commercially viable. As such, it addresses two important challenges that have received limited attention. First, it distinguishes different types of farm households and recognizes that many are excluded from the insurance market, describing additional innovations that can help make insurance more accessible to these excluded groups. Second, it acknowledges that insurance for catastrophic risks is unaffordable for most farmers and summarizes new developments in disaster assistance and safety net programs that can provide broader protection against these risks. The review concludes that cost-benefit analyses of subsidized insurance programs will be crucial for guiding public spending decisions.

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Insurance of Crops in Developing Countries

Insurance of Crops in Developing Countries

File Size : 8,8 MB
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This publication is primarily concerned with risks to arable and horticultural crops, and the applicability of insurance to managing these risks. Its purpose is