Beyond hype

Hess, Ulrich

doi:10.4324/9781315314051-11

Cited by 6 publications

(2 citation statements)

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“…There has been a sequence of review papers over the past 15 years taking the pulse of the latest insurance innovations (e.g., Banerjee & Duflo 2011, Binswanger-Mkhize 2012, Carter et al 2017, Clarke & Dercon 2009, Greatrex et al 2015, Hazell & Hess 2017, Hazell et al 2010, ISF 2018, Robles 2021, Skees et al 2008). Yet despite describing numerous experiences facing low take-up, these reviews have often taken the view that it is just a matter of finding the right technological, institutional, or policy innovations to achieve major breakthroughs.…”

Section: Introductionmentioning

confidence: 99%

Is Agricultural Insurance Fulfilling Its Promise for the Developing World? A Review of Recent Evidence

Kramer

Alderman

Ceballos

et al. 2022

Annu. Rev. Resour. Econ.

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Innovations in agricultural index insurance have raised expectations that the private sector can overcome shortcomings associated with more traditional indemnity-based products like multiperil crop insurance and strengthen agricultural risk management at scale across developing countries. This article updates previous reviews on agricultural insurance but differs in that it goes beyond the prognosis that recent innovations can help make insurance more commercially viable. As such, it addresses two important challenges that have received limited attention. First, it distinguishes different types of farm households and recognizes that many are excluded from the insurance market, describing additional innovations that can help make insurance more accessible to these excluded groups. Second, it acknowledges that insurance for catastrophic risks is unaffordable for most farmers and summarizes new developments in disaster assistance and safety net programs that can provide broader protection against these risks. The review concludes that cost-benefit analyses of subsidized insurance programs will be crucial for guiding public spending decisions. Expected final online publication date for the Annual Review of Resource Economics, Volume 14 is October 2022. Please see http://www.annualreviews.org/page/journal/pubdates for revised estimates.

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Section: Introductionmentioning

confidence: 99%

Is Agricultural Insurance Fulfilling Its Promise for the Developing World? A Review of Recent Evidence

Kramer

Alderman

Ceballos

et al. 2022

Annu. Rev. Resour. Econ.

Self Cite

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“…In the face of growing climate risks, well-designed index insurance embedded in comprehensive agriculture risk management approaches needs to be in place. There has been progress: some 650,000 farmers in Africa now have access to insurance (Hazell and Hess, 2017), but that is still very limited coverage, given more than 40 million smallholdings in SSA alone (Lowder et al, 2016). In addition to insurance, extension of credit to farmers to adopt climate-resilient technologies and practices will also be a key.…”

Section: Introductionmentioning

confidence: 99%

Agriculture in a changing climate: Keeping our cool in the face of the hothouse

et al. 2018

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The challenges facing agriculture in the coming decades are daunting. Recent research suggests that the impacts of climate change on agriculture and food systems may be wider-ranging than previously understood. Can feasible pathways to a food secure and sustainable future be identified? The scale of change required to meet the sustainable development goals, including those of no poverty, zero hunger and the urgent action needed to address climate change, will necessitate the transformation of local and global food systems. We identify eight elements of a theory of change to drive such transformation and highlight four pathways by which transformation may occur. We conclude with some suggestions for 'business unusual' for agricultural research for development.

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Bigger Fish to Fry: FinTech and the Digital Transformation of Financial Services

McNulty

Milne

2021

Palgrave Studies in Financial Services Technology

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Beyond hype

Cited by 6 publications

References 0 publications

Is Agricultural Insurance Fulfilling Its Promise for the Developing World? A Review of Recent Evidence

Is Agricultural Insurance Fulfilling Its Promise for the Developing World? A Review of Recent Evidence

Agriculture in a changing climate: Keeping our cool in the face of the hothouse

Bigger Fish to Fry: FinTech and the Digital Transformation of Financial Services

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