Managing Drought Risk for Food Security in Africa : An Innovative Solution in Malawi

Malawi periodically experiences drought leading to shortages of grain on the domestic market and a sharp increase in consumer prices. Consumers, including many of the poorest farmers in the country, experience difficulty obtaining enough grain to m...

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Main Authors: Syroka, Joanna, Bunte, Kara
Format: Brief
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2009/01/10251289/managing-drought-risk-food-security-africa-innovative-solution-malawi
http://hdl.handle.net/10986/9500
id okr-10986-9500
recordtype oai_dc
spelling okr-10986-95002021-04-23T14:02:45Z Managing Drought Risk for Food Security in Africa : An Innovative Solution in Malawi Syroka, Joanna Bunte, Kara ADVERSE EFFECTS AGRICULTURAL PRODUCTION CALL OPTION CAPACITY BUILDING CATASTROPHIC EVENT COMMODITY COMMODITY PRICE COMMODITY RISK MANAGEMENT CONSUMER CONSUMERS CONTINGENCY CONTINGENCY PLANNING DERIVATIVE CONTRACT DEVELOPING COUNTRIES DOMESTIC MARKET DONOR COORDINATION DROUGHT EARLY WARNING EARLY WARNING SYSTEMS EXPENDITURE FARMERS FINANCIAL LOSS FINANCIAL MARKETS FINANCIAL RISK FOOD AID FOOD SECURITY HUMANITARIAN EMERGENCY INSTRUMENT INSURANCE INTERNATIONAL DEVELOPMENT INVESTING INVESTMENT PROGRAM LOW-INCOME MACROECONOMIC INSTABILITY MARKET PLAYERS NATURAL DISASTERS NEGOTIATIONS OPPORTUNITY COSTS PORTFOLIO PREMIUM PAYMENT PRICE RISK PRICE RISK MANAGEMENT PRICE VOLATILITY PUBLIC EXPENDITURE PUT OPTION REINSURANCE RISK MANAGEMENT RISK MANAGEMENT TOOLS RISK MARKETS SAFETY SAFETY NET SAVINGS SENIOR STAKEHOLDERS START-UP COSTS STOCKS SYSTEMIC RISK TRANSACTION TREASURY VALUABLE WATER USE WEATHER DERIVATIVE WEATHER EVENTS Malawi periodically experiences drought leading to shortages of grain on the domestic market and a sharp increase in consumer prices. Consumers, including many of the poorest farmers in the country, experience difficulty obtaining enough grain to meet their family requirements. One method to reduce the risks of grain shortfalls is to improve the capacity of farmers to produce enough grain even when drought occurs, for example, through input subsidies and efforts to improve water use efficiency. An additional measure is to finance the establishment and distribution of strategic grain stocks. However, in the occasional year when drought is most extreme, supplementary assistance will still be needed in the form of expensive food imports and, possibly, food aid. 2012-08-13T08:46:44Z 2012-08-13T08:46:44Z 2009-01 http://documents.worldbank.org/curated/en/2009/01/10251289/managing-drought-risk-food-security-africa-innovative-solution-malawi http://hdl.handle.net/10986/9500 English Agricultural and Rural Development Notes; No. 44 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research Africa Malawi
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ADVERSE EFFECTS
AGRICULTURAL PRODUCTION
CALL OPTION
CAPACITY BUILDING
CATASTROPHIC EVENT
COMMODITY
COMMODITY PRICE
COMMODITY RISK MANAGEMENT
CONSUMER
CONSUMERS
CONTINGENCY
CONTINGENCY PLANNING
DERIVATIVE CONTRACT
DEVELOPING COUNTRIES
DOMESTIC MARKET
DONOR COORDINATION
DROUGHT
EARLY WARNING
EARLY WARNING SYSTEMS
EXPENDITURE
FARMERS
FINANCIAL LOSS
FINANCIAL MARKETS
FINANCIAL RISK
FOOD AID
FOOD SECURITY
HUMANITARIAN EMERGENCY
INSTRUMENT
INSURANCE
INTERNATIONAL DEVELOPMENT
INVESTING
INVESTMENT PROGRAM
LOW-INCOME
MACROECONOMIC INSTABILITY
MARKET PLAYERS
NATURAL DISASTERS
NEGOTIATIONS
OPPORTUNITY COSTS
PORTFOLIO
PREMIUM PAYMENT
PRICE RISK
PRICE RISK MANAGEMENT
PRICE VOLATILITY
PUBLIC EXPENDITURE
PUT OPTION
REINSURANCE
RISK MANAGEMENT
RISK MANAGEMENT TOOLS
RISK MARKETS
SAFETY
SAFETY NET
SAVINGS
SENIOR
STAKEHOLDERS
START-UP COSTS
STOCKS
SYSTEMIC RISK
TRANSACTION
TREASURY
VALUABLE
WATER USE
WEATHER DERIVATIVE
WEATHER EVENTS
spellingShingle ADVERSE EFFECTS
AGRICULTURAL PRODUCTION
CALL OPTION
CAPACITY BUILDING
CATASTROPHIC EVENT
COMMODITY
COMMODITY PRICE
COMMODITY RISK MANAGEMENT
CONSUMER
CONSUMERS
CONTINGENCY
CONTINGENCY PLANNING
DERIVATIVE CONTRACT
DEVELOPING COUNTRIES
DOMESTIC MARKET
DONOR COORDINATION
DROUGHT
EARLY WARNING
EARLY WARNING SYSTEMS
EXPENDITURE
FARMERS
FINANCIAL LOSS
FINANCIAL MARKETS
FINANCIAL RISK
FOOD AID
FOOD SECURITY
HUMANITARIAN EMERGENCY
INSTRUMENT
INSURANCE
INTERNATIONAL DEVELOPMENT
INVESTING
INVESTMENT PROGRAM
LOW-INCOME
MACROECONOMIC INSTABILITY
MARKET PLAYERS
NATURAL DISASTERS
NEGOTIATIONS
OPPORTUNITY COSTS
PORTFOLIO
PREMIUM PAYMENT
PRICE RISK
PRICE RISK MANAGEMENT
PRICE VOLATILITY
PUBLIC EXPENDITURE
PUT OPTION
REINSURANCE
RISK MANAGEMENT
RISK MANAGEMENT TOOLS
RISK MARKETS
SAFETY
SAFETY NET
SAVINGS
SENIOR
STAKEHOLDERS
START-UP COSTS
STOCKS
SYSTEMIC RISK
TRANSACTION
TREASURY
VALUABLE
WATER USE
WEATHER DERIVATIVE
WEATHER EVENTS
Syroka, Joanna
Bunte, Kara
Managing Drought Risk for Food Security in Africa : An Innovative Solution in Malawi
geographic_facet Africa
Malawi
relation Agricultural and Rural Development Notes; No. 44
description Malawi periodically experiences drought leading to shortages of grain on the domestic market and a sharp increase in consumer prices. Consumers, including many of the poorest farmers in the country, experience difficulty obtaining enough grain to meet their family requirements. One method to reduce the risks of grain shortfalls is to improve the capacity of farmers to produce enough grain even when drought occurs, for example, through input subsidies and efforts to improve water use efficiency. An additional measure is to finance the establishment and distribution of strategic grain stocks. However, in the occasional year when drought is most extreme, supplementary assistance will still be needed in the form of expensive food imports and, possibly, food aid.
format Publications & Research :: Brief
author Syroka, Joanna
Bunte, Kara
author_facet Syroka, Joanna
Bunte, Kara
author_sort Syroka, Joanna
title Managing Drought Risk for Food Security in Africa : An Innovative Solution in Malawi
title_short Managing Drought Risk for Food Security in Africa : An Innovative Solution in Malawi
title_full Managing Drought Risk for Food Security in Africa : An Innovative Solution in Malawi
title_fullStr Managing Drought Risk for Food Security in Africa : An Innovative Solution in Malawi
title_full_unstemmed Managing Drought Risk for Food Security in Africa : An Innovative Solution in Malawi
title_sort managing drought risk for food security in africa : an innovative solution in malawi
publisher World Bank, Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/2009/01/10251289/managing-drought-risk-food-security-africa-innovative-solution-malawi
http://hdl.handle.net/10986/9500
_version_ 1764409585531092992