Insurance Against Covariate Shocks : The Role of Index-Based Insurance in Social Protection in Low-Income Countries of Africa

Index insurance, such as weather indexing, addresses other inherent problems in insurance by using an indicator that is not affected by individual behavior and may address monitoring costs and moral hazard. A number of innovations using index insur...

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Bibliographic Details
Main Authors:	Alderman, Harold, Haque, Trina
Format:	Publication
Language:	English en_US
Published:	Washington, DC: World Bank 2012
Subjects:	ADMINISTRATIVE COSTS AGENTS AGRICULTURAL INPUTS AGRICULTURAL PRODUCTION APPLICATIONS ARID LANDS BASIS RISK BENEFICIARIES BLOCK GRANT CASH PAYMENTS CHILD HEALTH CHRONIC POVERTY COMMERCIAL BANKS CONTINGENCY PLANNING CORRELATES OF POVERTY COVARIATE SHOCKS COVERAGE CREDIT INSURANCE CROP INSURANCE DEBT DEFAULT RISK DEMAND FOR INSURANCE DISASTER RELIEF DROUGHT ECONOMIC GROWTH ECONOMIC SHOCK ECONOMIC SHOCKS EMERGENCY ASSISTANCE EMERGENCY RELIEF FAMINE FARM SIZE FARMERS FINANCIAL INSTITUTIONS FINANCIAL RISK FINANCIAL SERVICES FLOOD INSURANCE FOOD AID FOOD PROGRAM FORMAL INSURANCE HUMAN DEVELOPMENT HUMANITARIAN AID IMPACT OF SHOCKS INCOME INCOME INEQUALITY INCOME LOSS INCOME SHOCKS INCOME TRANSFER INDEMNITY INFORMAL INSURANCE INFORMAL INSURANCE MECHANISMS INFORMAL MECHANISMS INSURANCE INSURANCE COMPANIES INSURANCE CONTRACTS INSURANCE FUNCTION INSURANCE INDUSTRY INSURANCE MARKET INSURANCE MARKETS INSURANCE MECHANISMS INSURANCE POLICY INSURANCE PREMIUMS INSURANCE PRODUCTS INSURANCES INSURERS INVENTORY LENDING INSTITUTIONS LIVESTOCK PRODUCTION LIVESTOCK SPECIES LOCAL GOVERNMENT LOCAL GOVERNMENTS LOSS OF INCOME MALNUTRITION MARKET MARKET FAILURE MARKET FAILURES MICRO FINANCE MICRO-INSURANCE MICROFINANCE MORAL HAZARD MORAL HAZARDS MORTALITY MUNICIPAL GOVERNMENTS MUNICIPALITIES NATURAL DISASTER NATURAL DISASTERS POOR POOR FARMERS POOR HOUSEHOLD POOR HOUSEHOLDS POVERTY REDUCTION POVERTY TRAPS PRIVATE INSURANCE PRIVATE INSURANCE COMPANIES PRIVATE INSURERS PRODUCTION INCENTIVES PRODUCTIVE ASSETS PRODUCTIVITY PUBLIC INTERVENTION PUBLIC SECTOR PUBLIC WORKS PUBLIC WORKS PROGRAMS RAINFALL INSURANCE RATES REINSURANCE REINSURANCE COMPANIES RELIEF OPERATIONS RESOURCE ALLOCATION RISK MANAGEMENT RISK MITIGATION RISK POOLING RISK REDUCTION RURAL RURAL AREAS RURAL DEVELOPMENT RURAL GROWTH RURAL HOUSEHOLDS SAFETY NETS SAVINGS SAVINGS ACCOUNTS SELF-INSURANCE SHOCK SOCIAL FUNDS SOCIAL INSURANCE SOCIAL PROTECTION SOCIAL SAFETY NET SUBNATIONAL GOVERNMENTS SUBSIDIARY SUSTAINABILITY TARGETED TRANSFER PROGRAMS TARGETING TRANSFER PROGRAM WAGES WEATHER INSURANCE WEATHER SHOCKS WORK PROGRAMS
Online Access:	http://documents.worldbank.org/curated/en/2007/01/7735571/insurance-against-covariate-shocks-role-index-based-insurance-social-protection-low-income-countries-africa http://hdl.handle.net/10986/6736

Internet

http://documents.worldbank.org/curated/en/2007/01/7735571/insurance-against-covariate-shocks-role-index-based-insurance-social-protection-low-income-countries-africa
http://hdl.handle.net/10986/6736

Insurance Against Covariate Shocks : The Role of Index-Based Insurance in Social Protection in Low-Income Countries of Africa

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