Publications

Managing Risk in Agriculture

A Holistic Approach

Published on September 18, 2009

Also available in: French

book
The sources of risk in agriculture are numerous and diverse, ranging from events related to climate and weather conditions to animal diseases; from changes in agriculture commodities prices to changes in fertilizer and other input prices; and from financial uncertainties to policy and regulatory risks. Agricultural risks are not independent, but rather are linked both to each other and as part of a system that includes all available instruments, strategies and policies designed to manage risk. A holistic approach is thus necessary.

This book examines the current magnitude and characteristics of risk-related policies in agriculture and what is known about the quantitative size of agricultural risks. It looks at the on-farm, off-farm, and market instruments available to manage risk, and it explains how the holistic approach helps clarify the role of governments.

TABLE OF CONTENTS

Executive Summary
Introduction
Risk Management in Agriculture
An Overview of Risk-Related Policy Measures
An Assessment of Risk Exposure in Agriculture Based on a Review of the Literature
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