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Government Support to Agricultural Insurance (eBook)

Challenges and Options for Developing Countries
eBook Download: EPUB
2010 | 1. Auflage
The World Bank (Verlag)
978-0-8213-8219-6 (ISBN)
Systemvoraussetzungen
18,30 inkl. MwSt
(CHF 17,85)
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Governments in developing countries have been increasingly involved in the support of commercial agricultural insurance programs in recent years. In their attempt to design and implement agricultural insurance, many governments in developing countries have sought technical assistance from the international community and particularly from the World Bank. World Bank is among the few international financial organizations having a fully dedicated insurance team with agricultural insurance experts, and the agricultural insurance team currently provides technical assistance in about 20 countries. One of the recurrent requests from the governments is about the international experience with agricultural insurance, not only in developed countries where in some cases agricultural insurance has been offered for more than a century, but also in middle- and low-income countries. They are particularly interested in the experience of public support to agricultural insurance, including technical, operational, financial and institutional aspects.

The book aims to inform and update the public and private decision makers involved in the promotion of agricultural insurance about the recent developments in agricultural insurance, with a particular focus on middle- and low-income countries. It provides the decision maker with a framework for the development of agricultural insurance based on an analytical review of the rationale of public intervention in agricultural insurance and a detailed comparative analysis of agricultural insurance programs with and without public support. This analysis is based on a survey conducted by the World Bank's agricultural insurance team in 2008 in 65 developed and developing countries. It offers policymakers a review of public support in agricultural insurance in light of international experience and makes recommendations for the development of sustainable, affordable and cost-effective agricultural insurance programs.


Governments in developing countries have been increasingly involved in the support of agricultural (crop and livestock) insurance programs in recent years. In their attempts to design and implement agricultural insurance, they have sought technical and financial assistance from the international community and particularly from the World Bank. One of the recurrent requests from governments regards international experience with agricultural insurance, not only in developed countries, where in some cases agricultural insurance has been offered for more than a century, but also in middleand low-income countries. Governments are particularly interested in the technical, operational, financial, and institutional aspects of public support to agricultural insurance. 'Government Support to Agricultural Insurance' informs public and private decision makers involved in agricultural insurance about recent developments, with a particular focus on middle- and low-income countries. It presents an updated picture of the spectrum of institutional frameworks and experiences with agricultural insurance, ranging from countries in which the public sector provides no support to those in which governments heavily subsidize agricultural insurance. This analysis is based on a survey conducted by the World Bank's agricultural insurance team in 2008 in 65 developed and developing countries. Drawing on the survey results, the book identifies some key roles governments can play to support the development of sustainable, affordable, and cost-effective agricultural insurance programs.
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