[PDF] Managing Risk In Agriculture A Holistic Approach eBook

Author : OECD
Publisher : OECD Publishing
Page : 172 pages
File Size : 38,55 MB
Release : 2009-09-18
Category :
ISBN : 9264075313

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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.

Author : Ilaria Tedesco
Publisher :
Page : 14 pages
File Size : 21,18 MB
Release : 2019
Category :
ISBN :

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Agricultural sector is subject to a larger number of risks: not only to the ones faced by businesses but also to all the risks associated in working with organic and living material, such as seeds, livestock and fresh produce, and their biological processes. Agricultural risk management (ARM) aims at protecting agricultural businesses, farmers, and countries from the potential losses incurred due to unpredictable events, becoming also a means to boost the resilience at different levels. PARM has identified elements/pillars of an ARM-proof agricultural/rural project through a participatory engagement with stakeholders in a knowledge sharing event. These elements/pillars ultimately translate to mitigate negative shocks and boost resilience. At the same time, understanding resilience can contribute to building more grounded ARM strategies.

Author : Ashok K. Mishra
Publisher : CABI
Page : 339 pages
File Size : 28,82 MB
Release : 2023-10-02
Category : Business & Economics
ISBN : 1800622260

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The book addresses and documents farmers' risks in developing and emerging economies. It draws lessons from experimental economics on measuring risk preferences, attitudes, gender differences in managing risks, and risk management strategies in countries across Africa and Asia. It argues policy makers, especially in emerging economies, need a better understanding of farmers' attitudes toward risk and choices of risk management strategies when designing policies to support production agriculture. The book includes chapters on three themes: understanding risk attitudes and preferences; using experimental economics to measure risk, preferences, and risk management strategies; and understanding climate change, risk, and risk management. The book critically examines the currently held beliefs about risk preference, attitudes, and empirical estimation of risk management strategies, emphasizing developing and emerging economies (DEE). This book is ideal for students and researchers in universities and research organizations who conduct applied research on public policy, community development, and rural development, and will also be of interest to policy-makers in those fields.

Author : Roman Marco Hohl
Publisher : John Wiley & Sons
Page : 386 pages
File Size : 45,90 MB
Release : 2018-12-18
Category : Business & Economics
ISBN : 1119345650

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Gain a holistic view of agricultural (re)insurance and capital market risk transfer Increasing agricultural production and food security remain key challenges for mankind. In order to meet global food demand, the Food and Agriculture Organisation estimates that production has to increase by 50% by 2050 and requires large investments. Agricultural insurance and financial instruments have been an integral part to advancing productivity and are becoming more important in increasingly globalized and specialized agricultural supply chains in the wake of potentially more frequent and severe natural disasters in today’s key producing markets. Underwriting, pricing and transferring agricultural risks is complex and requires a solid understanding of the production system, exposure, perils and the most suitable products, which vastly differ among developed and developing markets. In the last decade, new insurance schemes in emerging agricultural markets have greatly contributed to the large growth of the industry from a premium volume of US$10.1 billion (2006) to US$30.7 billion (2017). This growth is bound to continue as insurance penetration and exposure increase and new schemes are being developed. Agricultural (re)insurance has become a cornerstone of sovereign disaster risk financing frameworks. Agricultural Risk Transfer introduces the main concepts of agricultural (re)insurance and capital market risk transfer that are discussed through industry case studies. It also discusses best industry practices for all main insurance products for crop, livestock, aquaculture and forestry risks including risk assessment, underwriting, pricing, modelling and loss adjustment. Describes agricultural production risks and risk management approaches Covers risk transfer of production and financial risks through insurance and financial instruments Introduces modelling concepts for the main perils and key data sources that support risk transfer through indemnity- and index-based products Describes risk pricing and underwriting approaches for crop, livestock, aquaculture and forestry exposure in developed and developing agricultural systems Become familiar with risk transfer concepts to reinsurance and capital markets Get to know the current market landscape and main risk transfer products for individual producers, agribusinesses and governments through theory and comprehensive industry case studies Through Agricultural Risk Transfer, you’ll gain a holistic view of agricultural (re)insurance and capital market solutions which will support better underwriting, more structured product development and improved risk transfer.

Author : Jacek Kulawik
Publisher :
Page : 23 pages
File Size : 46,48 MB
Release : 2019
Category :
ISBN :

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The latest perspective of the Common Agricultural Policy (CAP) focuses in particular on risk management (RM) issues due to the need for aligning the CAP to the new agricultural operating conditions. The future of agricultural policy has become, as never before, increasingly climate-dependent and threatened by typical agricultural issues of concern, including strong dependence on weather conditions, price volatility, natural disasters or risk of new diseases that can potentially destabilise the farmers' income. Changing tendencies of the existing agricultural policy can also underlay the uncertainty of farm functioning. The on-going debate focuses on income stabilisation tools and shifting from the existing programmes oriented at direct payments and other agricultural support measures. Thus, reorientation of agricultural policy brings the risk of losing the existing support and the need for seeking the new income stabilisation tools. The CAP proposes a holistic approach to risk management and a set of instruments addressing the budgetary constraints. It is, therefore, appropriate to state that limiting budgetary support may contribute to development of a more comprehensive risk management system in agriculture.