This study shows that formal insurance uptake has no significant effect on pastoralists' willingness to share risk through customary institutions. Overall, the results imply that index insurance did not crowd out informal risk-sharing mediated by social networks.
This paper's model of consumption and asset accumulation shows that a hybrid social protection policy, which devotes resources to funding “state of the world contingent transfers” (SWCTs) to vulnerable, but non-poor households in the wake of negative shocks, can result in lower rates of poverty in the medium term than does a conventional cash transfer policy.
This study used longitudinal household data to determine which factors affected demand for index based livestock insurance (IBLI). While both price and the non-price factors studied previously are indeed important, the findings indicate that basis risk and spatiotemporal adverse selection also play a major role in determining demand for IBLI.
Observations of smallholder farmer inefficiency often reflect failure to control for nature. An example would be Ivorien rice farmers effected on their production frontier once inconsistent control for soils, rain, and pests are involved. So perhaps a non-uptake adoption is optimal as well? This presentation is based on the AMA Innovation Lab projects for the Mind the Gap Workshop.
The research team describes the methodology used to design the contract and its underlying index of predicted area-average livestock mortality in Index-based Livestock Insurance. The Principal Investigator describes the contract pricing and the risk exposures of the underwriter to establish IBLI’s reinsurability on international markets.
Poverty traps are commonplace in policy debates today, however, when these poverty traps exist what, where, why and for whom are the next series of questions. This presentation is based on the AMA Innovation Lab projects for the Conference on the Economics of Asset Dynamics and Poverty Traps.
This presentation took place in Washington DC, United States on June 28, 2016, and was about means-tested cash transfers emerging as the instrument of choice, spreading from middle income early adopters to lower income countries.