Innovations in insuring the poor: Sustainability and scalability of index-based insurance for agriculture and rural livelihoods
Farmers face a variety of market and production risks that make their incomes volatile from year to year. In many cases, farmers also confront the risk of catastrophe, as, for example, when crops are destroyed by drought or pest outbreaks or when assets and lives are lost to hurricanes and floods. T...
| Autores principales: | , |
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| Formato: | Brief |
| Lenguaje: | Inglés |
| Publicado: |
International Food Policy Research Institute
2009
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/161959 |
| _version_ | 1855541145985089536 |
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| author | Hess, Ulrich Hazell, Peter B. R. |
| author_browse | Hazell, Peter B. R. Hess, Ulrich |
| author_facet | Hess, Ulrich Hazell, Peter B. R. |
| author_sort | Hess, Ulrich |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | Farmers face a variety of market and production risks that make their incomes volatile from year to year. In many cases, farmers also confront the risk of catastrophe, as, for example, when crops are destroyed by drought or pest outbreaks or when assets and lives are lost to hurricanes and floods. These risks are particularly burdensome to the poor, including many small farmers. Unless adequately managed, they can slow economic development and poverty reduction and contribute to humanitarian crises. Covariate risks, especially those that involve catastrophic losses, pose special difficulties and costs. Past attempts by governments and relief agencies to help manage covariate risks have been costly and often ineffective. Today there is much interest in index insurance products that might provide a more effective and marketmediated solution. |
| format | Brief |
| id | CGSpace161959 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2009 |
| publishDateRange | 2009 |
| publishDateSort | 2009 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1619592025-11-06T04:45:42Z Innovations in insuring the poor: Sustainability and scalability of index-based insurance for agriculture and rural livelihoods Hess, Ulrich Hazell, Peter B. R. risk drought farmers economic development poverty alleviation government Farmers face a variety of market and production risks that make their incomes volatile from year to year. In many cases, farmers also confront the risk of catastrophe, as, for example, when crops are destroyed by drought or pest outbreaks or when assets and lives are lost to hurricanes and floods. These risks are particularly burdensome to the poor, including many small farmers. Unless adequately managed, they can slow economic development and poverty reduction and contribute to humanitarian crises. Covariate risks, especially those that involve catastrophic losses, pose special difficulties and costs. Past attempts by governments and relief agencies to help manage covariate risks have been costly and often ineffective. Today there is much interest in index insurance products that might provide a more effective and marketmediated solution. 2009 2024-11-21T09:59:52Z 2024-11-21T09:59:52Z Brief https://hdl.handle.net/10568/161959 en Open Access application/pdf International Food Policy Research Institute Hess, Ulrich; Hazell, P. B. R. 2009. Innovations in insuring the poor: Sustainability and scalability of index-based insurance for agriculture and rural livelihoods. 2020 Vision Focus Brief 17(5). https://hdl.handle.net/10568/161959 |
| spellingShingle | risk drought farmers economic development poverty alleviation government Hess, Ulrich Hazell, Peter B. R. Innovations in insuring the poor: Sustainability and scalability of index-based insurance for agriculture and rural livelihoods |
| title | Innovations in insuring the poor: Sustainability and scalability of index-based insurance for agriculture and rural livelihoods |
| title_full | Innovations in insuring the poor: Sustainability and scalability of index-based insurance for agriculture and rural livelihoods |
| title_fullStr | Innovations in insuring the poor: Sustainability and scalability of index-based insurance for agriculture and rural livelihoods |
| title_full_unstemmed | Innovations in insuring the poor: Sustainability and scalability of index-based insurance for agriculture and rural livelihoods |
| title_short | Innovations in insuring the poor: Sustainability and scalability of index-based insurance for agriculture and rural livelihoods |
| title_sort | innovations in insuring the poor sustainability and scalability of index based insurance for agriculture and rural livelihoods |
| topic | risk drought farmers economic development poverty alleviation government |
| url | https://hdl.handle.net/10568/161959 |
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