Agricultural Sector Risk Assessment
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World Bank, Washington, DC
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In the agricultural sector, risks are
inherent and ubiquitous, posing potentially serious
consequences for stakeholders and consumers. Risks disrupt
supply chains, causing extensive financial and economic
losses. Agricultural risks are also the principal cause of
transient food insecurity, creating a poverty trap for
millions of households across the developing world that
enforces a vicious cycle of shock and recovery. Climate
change is exacerbating this cycle by shifting the frequency
and intensity of weather related risks and increasing
uncertainty. Effective agricultural risk management (ARM) is
crucial to increasing economic growth, improving food
security, and reducing poverty. Although levels of risk vary
within and between countries, lower-income and highly
agriculture-dependent countries are more vulnerable to
agriculture-related risks. In these countries, there is an
urgent need to better assess risks, understand the
interconnections between different types of risk, and
improve agricultural risk management strategies.
Palabras clave
EMPLOYMENT, EARLY WARNING SYSTEMS, CATASTROPHIC EVENTS, HEALTH RISK, RISKS, CATASTROPHIC LOSSES, RIGHTS, ECONOMIC GROWTH, DISEASE OUTBREAK, PRODUCTION, EARLY WARNING, RISK REDUCTION, POLITICS, FARMER, INCOME, INTEREST, TENT, AGRICULTURAL PRODUCTION, SUSTAINABILITY, RESOURCE ALLOCATION, PROGRAMS, INFORMATION, ENTREPRENEURS, MONITORING, POLITICAL ECONOMY, WELFARE, OUTBREAKS, INCENTIVES, CONSULTANTS, DISASTER, FAMINE EARLY WARNING SYSTEMS, DAMAGES, SITUATION REPORTS, ASSOCIATIONS, INFORMATION SYSTEMS, EXTREME WEATHER, HURRICANES, ECONOMIC ANALYSIS, CROP INSURANCE, ANIMAL HEALTH, PREDICTABILITY, HAILSTORMS, HEAVY RAIN, SAVINGS, BOVINE SPONGIFORM ENCEPHALOPATHY, RELIEF, TRAINING, INTERNATIONAL AGENCIES, FLOODS, RESOURCE MOBILIZATION, DEVELOPMENT STRATEGIES, DATA QUALITY, OUTPUTS, EARLY WARNING SYSTEM, PRODUCTIVITY, INTEREST RATES, TRANSFERS, MARKETS, ORGANIZATIONS, RATES, DISASTERS, FIRE, TUBERCULOSIS, STANDARDS, LABOR, FARMERS, OUTBREAK, RISK SHARING, RESERVES, FAMINE, INVENTORY, FOOD AID, MORTALITY, LEGAL FRAMEWORK, FINANCE, BANKS, DISEASE OUTBREAKS, INDICATOR OF IMPACT, MITIGATION MEASURES, TECHNOLOGY, REINSURANCE, DROUGHTS, REGULATIONS, EMERGENCY, REDUCING POVERTY, FOOD SECURITY, FRAUD, CHEMICALS, POLICIES, CLIMATE CHANGE, DROUGHT, TENTS, FOOD RESERVES, VALUE, RISK EVALUATION, COMPETITIVENESS, LOSSES, BANK, APPLICATIONS, CONTRACTUAL RELATIONSHIPS, EXTREME EVENTS, CREDIT, FAMILY LABOR, TARGET RISK, AGRICULTURAL INSURANCE, SAFETY NET, PRICE RISK, RISK EXPOSURE, DAMAGE, CONSUMERS, ORGANIZATIONAL STRUCTURE, INSURANCE INDUSTRY, WEATHER EVENT, OPPORTUNITY COSTS, WARNING SYSTEM, FLOOD, MARKET RISK, NONGOVERNMENTAL ORGANIZATION, ADVERSE CONSEQUENCES, RISK TRANSFER, MANAGEMENT, INSURANCE, LABOR STANDARDS, LOSS, AGENTS, SECURITY, WAR, INVESTMENT, RISK, DISEASE SURVEILLANCE, MITIGATION, WARNING SYSTEMS, CONTRACTING, CRISES, LABORERS, SUPPLY, RISK MANAGEMENT PROCESS, CLIMATE CONDITIONS, LAW, BORROWING, RISK MANAGEMENT, LENDING, IMPACT EVENTS, CIVIL WAR, EXTREME WEATHER EVENTS, SUPPLIERS, COLLECTIVE ACTION, WEATHER EVENTS, TECHNOLOGIES, OUTCOMES, SAFETY, COVERAGE, RISK ASSESSMENTS, NATURAL HAZARDS, PRICES, EXTREME WEATHER EVENT, RISK ASSESSMENT, RISK MITIGATION, RISK ANALYSIS, CONTAMINATION