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Management of agrarian risk (English)

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  • Hrabrin Bachev

Abstract

This paper incorporates the interdisciplinary New Institutional Economics and presents a comprehensive framework for analyzing the risk management in the agri-food sector. First, it specifies the diverse (natural, technical, behavioral, economic, policy etc.) type of agrarian risks, and the (market, private, public, hybrid) modes of their management. Second, it defines the efficiency of risk management and identifies (personal, institutional, dimensional, technological, natural) factors of governance choice. Next, it presents stages in analysis of risk management and for the improvement of public intervention in risk governance. Finally, it identifies contemporary opportunities and challenges for risk management in agri-food chain.

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Bibliographic Info

Article provided by Bulgarian Academy of Sciences - Economic Research Institute in its journal Economic Thought.

Volume (Year): (2013)
Issue (Month): 2 ()
Pages: 76-99

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Handle: RePEc:bas:econth:y:2013:i:2:p:76-99

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  1. Ivanka Daneva, 2009. "Investment Risk Management in Private Pension Systems," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 19-34.
  2. Richard Shepherd & Gary Barker & Simon French & Andy Hart & John Maule & Angela Cassidy, 2006. "Managing Food Chain Risks: Integrating Technical and Stakeholder Perspectives on Uncertainty," Journal of Agricultural Economics, Wiley Blackwell, vol. 57(2), pages 313-327, 07.
  3. Hrabrin Bachev, 2013. "Risk Management in the Agri-food Sector," Contemporary Economics, University of Finance and Management in Warsaw, vol. 7(1), March.
  4. Bachev, Hrabrin, 2008. "Governing of agrarian sustainability," MPRA Paper 7772, University Library of Munich, Germany.
  5. Bachev, Hrabrin, 2010. "Eco-governance in Bulgarian Agriculture," MPRA Paper 22958, University Library of Munich, Germany.
  6. Gerasymenko, Nataliia & Zhemoyda, Oleksandr V., 2009. "New Challenges For Risk Management In Agri-Food Industry," 113th Seminar, September 3-6, 2009, Chania, Crete, Greece 58019, European Association of Agricultural Economists.
  7. Zseleczky, Laura & Yosef, Sivan, 2014. "Are shocks actually on the rise? A selective review of five types of shocks:," 2020 Conference briefs 5, International Food Policy Research Institute (IFPRI).
  8. Zseleczky, Laura & Yosef, Sivan, 2014. "Are shocks really increasing? A selective review of the global frequency, severity, scope, and impact of five types of shocks:," 2020 Conference papers 5, International Food Policy Research Institute (IFPRI).
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