This paper asks whether a hybrid contract, which combines joint liability with an individual collateral requirement, could resolve tradeoffs between collateralized individual loans that exclude those who lack the requisite collateral assets or are unwilling to put them at risk and joint liability loans that are subject to moral hazard and freeriding.
This paper demonstrates that a contract based on satellite data combined with a second-stage conditional audit has the potential to improve index insurance quality.
This presentation describes the need for an objective minimum quality standard for index insurance to ensure that contracts don't leave farmers worse off for having purchased them, as well as a clear definition of index insurance quality.
This paper builds a multi-generation household model of consumption, accumulation, and risk management to assess the dynamic consequences of climate risk exposure. The analysis shows the long-term level and depth of poverty can be improved by incorporating ‘vulnerability-targeted social protection’ into a conventional social protection system.
Index-based agricultural insurance has offered the promise of overcoming the hurdles of traditional indemnity-based insurance for economic development. This paper describes how existing constraints on take-up can partially be overcome using revised contract designs, advanced technology for better measurement, improved marketing and better policy.
This presentation took place online on June 29, 2017 describing the additional questions requested from the Soil Variation and Why It Matters webinar after time for the webinar expired.
This presentation took place online on June 29, 2017 describing the questions and answers transcript for the Soil Variation and Why It Matters webinar.
