Agricultural Sector Risk Assessment : Methodological Guidance for Practitioners

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 pri...

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Bibliographic Details
Main Author:	World Bank
Format:	Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2016
Subjects:	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
Online Access:	http://documents.worldbank.org/curated/en/2016/01/25805255/agricultural-sector-risk-assessment-methodological-guidance-practitioners http://hdl.handle.net/10986/23778

Description
Summary:	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.

Agricultural Sector Risk Assessment : Methodological Guidance for Practitioners

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