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Cost-benefit analysis of the african risk capacity facility:

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  • Clarke, Daniel J.
  • Hill, Ruth Vargas

Abstract

The African Risk Capacity (ARC), has been proposed as a pan-Africa drought risk pool to insure against drought risk in Africa south of the Sahara. If fully operationalized, the ARC will mark a major change in how donors fund emergency support to countries in Africa during times of need. In this paper, we undertake a cost-benefit analysis of the ARC pool and discuss how lessons can inform the design of the ARC.

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Bibliographic Info

Paper provided by International Food Policy Research Institute (IFPRI) in its series IFPRI discussion papers with number 1292.

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Date of creation: 2013
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Handle: RePEc:fpr:ifprid:1292

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Keywords: Natural disasters; Risk management; drought;

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