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Agricultural Insurance in Mesoamerica: An Opportunity to Deepen Rural Financial Markets

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Author Info

  • Diego Arias
  • Katia Covarrubias

Abstract

This study analyses the opportunities and challenges presented by agricultural insurance instruments in the deepening of financial services in rural areas in Mesoamerica. It outlines a public policy framework to guide the decision-making process. It concludes that, in order to support the competitiveness of the agricultural sector in the light of increasing trade liberalization and natural hazard risks, agricultural insurance should be at the forefront of the set of financial instruments to be developed.

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Bibliographic Info

Paper provided by Inter-American Development Bank in its series IDB Publications with number 36538.

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Date of creation: Feb 2006
Date of revision:
Handle: RePEc:idb:brikps:36538

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Related research

Keywords: Agricultural policy; Agricultural trade & marketing; Financial Markets; Financial Services; Rural development; Agric WEB;

References

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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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  1. Skees, Jerry & Varangis, Panos & Larson, Donald & Siegel, Paul, 2002. "Can Financial Markets be Tapped to Help Poor People Cope with Weather Risks?," Working Paper Series UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER).
  2. Bharat Ramaswami & Terry L. Roe, 2004. "Aggregation in Area-Yield Crop Insurance: The Linear Additive Model," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 86(2), pages 420-431.
  3. Theodore P. Lianos & Micah N. Bump & Enrique V. Iglesias & Claremont D. Kirton & Andrés Solimano & Nicholas P. Glytsos & Graeme Hugo & Susan Pozo & Patricia Weiss Fagen & María Jaramillo & Steven R., . "Beyond Small Change: Making Migrant Remittances Count Title: Remesas de inmigrantes: Moneda de cambio económico y social," IDB Publications 79930, Inter-American Development Bank.
  4. Céline Charvériat, 2000. "Natural Disasters in Latin America and the Caribbean: An Overview of Risk," IDB Publications 6793, Inter-American Development Bank.
  5. Varangis, Panos & Larson, Don, 1996. "Dealing with commodity price uncertainty," Policy Research Working Paper Series 1667, The World Bank.
  6. Rosenzweig, Mark R. & Binswanger, Hans P., 1992. "Wealth, weather risk, and the composition and profitability of agricultural investments," Policy Research Working Paper Series 1055, The World Bank.
  7. repec:idb:brikps:30298 is not listed on IDEAS
  8. Robert Innes, 2003. "Crop Insurance in a Political Economy: An Alternative Perspective on Agricultural Policy," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 85(2), pages 318-335.
  9. Barry K. Goodwin, 2001. "Problems with Market Insurance in Agriculture," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 83(3), pages 643-649.
  10. Mario Miranda & Dmitry V. Vedenov, 2001. "Innovations in Agricultural and Natural Disaster Insurance," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 83(3), pages 650-655.
  11. Olivier Mahul, 2001. "Optimal Insurance Against Climatic Experience," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 83(3), pages 593-604.
  12. Jean-Marc Bourgeon & Robert G. Chambers, 2003. "Optimal Area-Yield Crop Insurance Reconsidered," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 85(3), pages 590-604.
  13. Céline Charvériat, 2000. "Natural Disasters in Latin America and the Caribbean: An Overview of Risk," Research Department Publications 4233, Inter-American Development Bank, Research Department.
  14. Skees, Jerry R. & Enkh-Amgalan, Ayurzana, 2002. "Examining the feasibility of livestock insurance in Mongolia," Policy Research Working Paper Series 2886, The World Bank.
  15. Bruce J. Sherrick & Peter J. Barry & Paul N. Ellinger & Gary D. Schnitkey, 2004. "Factors Influencing Farmers' Crop Insurance Decisions," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 86(1), pages 103-114.
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Citations

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Cited by:
  1. Mark D. Wenner, 2005. "Agricultural Insurance Revisited: New Developments and Perspectives in Latin America and the Caribbean," IDB Publications 36838, Inter-American Development Bank.
  2. repec:idb:brikps:11118 is not listed on IDEAS
  3. repec:idb:brikps:7293 is not listed on IDEAS

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