The Potential for Scale and Sustainability in Weather Index Insurance

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THE POTENTIAL FOR SCALE AND SUSTAINABILITY IN WEATHER INDEX INSURANCE FOR AGRICULTURE AND RURAL LIVELIHOODS Hazell, P., L.M. Bassoco and G. Arcia. 1986. A model for evaluating farmers’ demand for insurance: Applications in Mexico and Panama. In Crop insurance for agricultural developments: Issues and experience, ed. P.B.R. Hazell, C. Pomareda and A. Valdés. Baltimore: Johns Hopkins University Press. Hazell, P.B.R., and C. Ramasamy. 1991. The Green Revolution reconsidered: The impact of high-yielding rice varieties in South India. Baltimore and London: published for the International Food Policy Research Institute (IFPRI) by Johns Hopkins University Press. Hellmuth, M.E., A. Moorhead, M.C. Thomson and J. Williams. 2007. Climate risk management in Africa: Learning from practice. Climate and Society No. 1. New York: International Research Institute for Climate and Society (IRI), Columbia University. Hellmuth, M.E., D.E. Osgood, U. Hess, A. Moorhead and H. Bhojwani, eds. 2009. Index insurance and climate risk: Prospects for development and disaster management. Climate and Society No. 2. New York: International Research Institute for Climate and Society (IRI), Columbia University. http://portal.iri.columbia.edu/portal/server.pt/gateway/PTARGS_0_5024_4201_ 0_0_18/Climate%20and%20Society%20Issue%20Number%202.pdf. Hess, U. 2003. Innovative financial services for rural India. Monsoon-indexed lending and insurance for smallholders. Agriculture and Rural Development Working Paper No. 9. Washington, DC: World Bank. Hess, U. 2007. Weather index insurance for coping with risks in agricultural production, ch. 22. In Managing weather and climate risks in agriculture, ed. M.V.K. Sivakumar and R.P. Motha. Berlin/Heidelberg, Germany: Springer. www.springerlink.com/content/w676832k9u245158/. Hess, U., N. Balzer, S. Calmanti, and M. Portegies-Zwart. 2010. CERVO: Community early recovery voucher scheme in weather risk management. In Kenny Tang (ed.), Weather Risk Management: A guide for corporations, hedge funds and investors, Incisive Financial Publishing Limited, London. Hess, U., and J. Syroka. 2005. Weather-based insurance in southern Africa: The case of Malawi. Agriculture and Rural Development Discussion Paper No. 13. Washington, DC: World Bank. Hess, U., W. Wiseman and T. Robertson. 2006. Ethiopia: Integrated risk financing to protect livelihoods and foster development. Discussion paper. Rome: World Food Programme. IAC. 1986. Crop and rainfall insurance. Report No. 393. Canberra: published for the Industries Assistance Commission by the Australian Government Publishing Service. López-Calva, L., and E. Ortiz Juárez. 2008. Evidence and policy lessons on the link between disaster risk and poverty in Latin America: Summary of regional studies. New York: Regional Bureau for Latin America and the Caribbean, UNDP. McCarthy, N. 2003. Demand for rainfall-index based insurance: A case study from Morocco. Discussion Paper No. 106. Washington, DC: Environment and Production Technology Division, International Food Policy Research Institute (IFPRI). 61
62 REFERENCES AND RESOURCES McCarthy, N., B. Swallow, M. Kirk and P. Hazell. eds. 1999. Property rights, risk and livestock development in Africa. Washington, DC: International Food Policy Research Institute. Miranda, M.J. 1991. Area-yield crop insurance reconsidered. American Journal of Agricultural Economics 73:233-242. Mishra, P.K. 1996. Agricultural risk, insurance and income: A study of the impact and design of India’s Comprehensive Crop Insurance Scheme. Brookfield, VT: Avebury Press. Pandey, S., H. Bhandari and B. Hardy, eds. 2007. Economic costs of drought and rice farmers’ coping mechanisms. Los Baños, Philippines: International Rice Research Institute. Patt, A., N. Peterson, M. Carter, M. Velez, U. Hess and P. Suarez. 2009. Making index insurance attractive to farmers. Mitigation and Adaptation Strategies for Global Change 14 (8): 737-753. www.springerlink.com/content/102962/?k=Making+index+insurance+attractive+ to+farmers. Rosenzweig, M.R., and H.P. Binswanger. 1989. Wealth, weather risk and the composition and profitability of agricultural investment. St. Paul, MN: Economic Development Center, University of Minnesota. Sakurai, T., and T. Reardon. 1997. Potential demand for drought insurance in Burkina Faso and its determinants. American Journal of Agricultural Economics 79 (4): 1193-1207, November. Sarris, A., and L. Christiansen. 2007. Rural household vulnerability and insurance against commodity risk. Rome: Food and Agriculture Organization of the United Nations (FAO). Skees, J.R., J.R. Black and B.J. Barnett. 1997. Designing and rating an area yield crop insurance contract. American Journal of Agricultural Economics 79:430-438. Skees, J.R., and B. Collier. 2008. The potential of weather index insurance for spurring a green revolution in Africa. Paper presented at the Policy Strategy Convening of the Alliance for a Green Revolution in Africa (AGRA), 23-25 June, Nairobi. Walker, T.S., and N.S. Jodha. 1986. How small households adapt to risk, ch. 2. In Crop insurance for agricultural development: Issues and experience, ed. P.B.R. Hazell, C. Pomareda and A. Valdés. Baltimore: Johns Hopkins University Press. Webb, P., and J. von Braun. 1994. Famine and food security in Ethiopia: Lessons for Africa. Chichester (West Sussex, UK), New York, Brisbane, Toronto, Singapore: published for the International Food Policy Research Institute (IFPRI) by John Wiley & Sons. World Bank. 2005. Managing agricultural production risk. Washington, DC. World Bank. 2007. World Development Report 2008: Agriculture for development. Washington, DC. World Bank. 2009. World Development Report 2010: Development and climate change. Washington, DC.
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138 Figure 9: Khersons Oblast, 57 U
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Contacts IFAD Francesco Rispoli f.r
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