Agricultural Risk Management in the Caribbean : Lessons and Experiences, 2009-2012
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Washington, DC
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The purpose of this report is to
summarize the main results and lessons learned during the
implementation of the World Bank technical assistance (TA),
which are valuable to the ongoing discussion on agricultural
risk management in the region. The report is organized as
follows. Section two summarizes the program risk management
strategies, including initial objectives and final outcomes.
In particular, it describes how these objectives change in
order to respond to the countries' particular demands.
Section three presents the methodology and basic principles
applied in the four stages of the program implementation.
Six country cases are summarized in section four with a
complete description of final outputs and recommendations.
Finally, section five presents the main conclusions and
lessons learned.
Palabras clave
ACCIDENT, ACCIDENTAL DEATH, ADMINISTRATIVE COSTS, AGRICULTURAL COMMODITIES, AGRICULTURAL INSURANCE, AGRICULTURAL PRODUCTION, ALLIANCES, ALLOCATION, ATLANTIC HURRICANE, ATTACHMENT POINT, BANKS, BASIS RISK, BORROWING, CAPITAL MARKETS, CASUALTIES, CATASTROPHIC EVENT, CATASTROPHIC EVENTS, CATASTROPHIC LOSSES, CATASTROPHIC RISKS, CLIMATE, CLIMATE CHANGE, CLIMATE RESILIENCE, COINSURANCE, COMMERCIAL INSURANCE, COMMODITY MARKETS, COMPETITIVENESS, CONTINGENT LIABILITIES, CROP DIVERSIFICATION, CROP INSURANCE, DAMAGES, DATA QUALITY, DELIVERY MECHANISMS, DISASTER, DISASTER ASSISTANCE, DISASTER EMERGENCY, DISASTER FINANCING, DISASTER RECOVERY, DISASTER RELIEF, DISASTER RESPONSE, DISASTER RISK, DISASTER RISKS, DRAINAGE SYSTEMS, DROUGHT, DROUGHTS, DRY CONDITIONS, EARTHQUAKE, EARTHQUAKES, ECONOMIC GROWTH, ECONOMIC GROWTH RATE, EMERGENCY RESPONSE, EMERGENCY SUPPORT, EMPLOYMENT, ENSO, ENVIRONMENTAL DEGRADATION, EXCHANGE RATE, EXTREME WEATHER, EXTREME WEATHER EVENTS, FARMER, FARMERS, FEASIBILITY, FINANCIAL CAPACITY, FINANCIAL CONSTRAINTS, FINANCIAL CRISIS, FINANCIAL INSTITUTIONS, FINANCIAL INSTRUMENTS, FINANCIAL INTERMEDIARIES, FINANCIAL MANAGEMENT, FINANCIAL MECHANISM, FINANCIAL PRODUCTS, FINANCIAL RESOURCES, FINANCIAL RISK, FINANCIAL RISK MANAGEMENT, FINANCIAL SECTOR, FINANCIAL SUPPORT, FIRE, FLOOD, FLOOD DAMAGES, FLOOD MANAGEMENT, FLOODED, FLOODING, FLOODS, FOOD SECURITY, FOREIGN EXCHANGE, FRESH WATER, HURRICANE, HURRICANE SEASON, HURRICANES, INCOME, INDEMNITY, INDEMNITY INSURANCE, INSPECTIONS, INSTITUTIONAL DEVELOPMENT, INSURANCE, INSURANCE COMPANIES, INSURANCE COMPANY, INSURANCE CONTRACT, INSURANCE CONTRACTS, INSURANCE COVERAGE, INSURANCE INDUSTRY, INSURANCE INSTRUMENTS, INSURANCE MARKET, INSURANCE MARKETS, INSURANCE MECHANISMS, INSURANCE OPTIONS, INSURANCE PILOT, INSURANCE POLICY, INSURANCE PREMIUMS, INSURANCE PRODUCT, INSURANCE PRODUCTS, INSURANCE SCHEME, INSURANCE SECTOR, INSURANCE SYSTEM, INSURED LOSSES, INSURERS, INTEREST RATES, INTERNATIONAL REINSURANCE, LABOR FORCE, LEGAL FRAMEWORK, LIVESTOCK INSURANCE, LOCAL GOVERNMENTS, LOWER PRICES, MORAL HAZARD, MORAL HAZARDS, MORTALITY, NATURAL DISASTER, NATURAL DISASTERS, NATURAL HAZARDS, OUTPUTS, PATHOLOGY, PORTFOLIO, PRICE RISK, PRICE VOLATILITY, PRIVATE INSURANCE, PRIVATE INSURANCE COMPANIES, PRODUCTIVITY, PROGRAMS, PUBLIC SAVINGS, PUBLIC SERVICES, RATES, REGULATORY FRAMEWORK, REINSURANCE, REINSURANCE CAPACITY, REINSURANCE COMPANIES, REINSURANCE MARKETS, REINSURERS, RESERVES, RISK ASSESSMENT, RISK ASSESSMENTS, RISK EXPOSURE, RISK FACTORS, RISK INSURANCE, RISK MANAGEMENT, RISK MANAGEMENT POLICIES, RISK MANAGEMENT PROJECTS, RISK MITIGATION, RISK TRANSFER, SAFETY, SAFETY STANDARDS, SAVINGS, SOCIAL DEVELOPMENT, SOUTHERN OSCILLATION, STORM, SUSTAINABILITY, TECHNICAL ASSISTANCE, TORNADOES, TOTAL COST, TROPICAL CYCLONE, TROPICAL CYCLONES, TROPICAL STORM, TROPICAL STORMS, TRUST FUNDS, UNCERTAINTIES, UNDERWRITING, VOLCANIC ERUPTIONS, WAGES, WARNING SYSTEM, WATER SHORTAGES, WEATHER EVENT, WEATHER EVENTS, WEATHER INSURANCE, WIND SPEED