This presentation was presented in Nairobi, Kenya on May 24, 2017 describing the problems Sub-Saharan Africa faces for missing the "Green Revolution" of seed-fertilizer between 1960-2000 and what can be done today.
This study uses economic approaches and the case of the index based livestock insurance (IBLI) product in Kenya to compare the quality of insurance products developed from a variety of satellite -based indices, all of which have either been proposed or are/have been used by insurance or insurance-like products in the region.
This paper investigates asset insurance into a theoretical poverty trap model to evaluate the aggregate impact of insurance access on chronic and transitory poverty. The research team uses dynamic stochastic programming methods to decompose two mechanisms through which a competitive asset insurance market might alter long-term poverty dynamics.
It is widely acknowledged that unmitigated risks provide a disincentive for otherwise optimal investments in modern farm inputs. This study assesses both the demand for and the effectiveness of an innovative index insurance product designed to help smallholder farmers in Bangladesh manage risk to crop yields and the increased production costs associated with drought.
The research team estimates the general-equilibrium labor market effects of a large-scale randomized intervention designed and markets a rainfall index insurance product across three states in India. Marketing agricultural insurance to both cultivators and to agricultural wage laborers allows the team to test a general-equilibrium model of wage determination in settings where households supplying labor and households hiring labor face weather risk.