Risk Modeling Concepts Relating To The Design And Rating Of Agricultural Insurance Contracts

Author : Barry K. Goodwin,Olivier Mahul
Publisher : World Bank Publications
Page : 38 pages
File Size : 45,6 Mb
Release : 2004
Category : Agricultural insurance
ISBN : 8210379456XXX

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Risk Modeling Concepts Relating to the Design and Rating of Agricultural Insurance Contracts by Barry K. Goodwin,Olivier Mahul Pdf

"Goodwin and Mahul identify the key issues and concerns that arise in the design and rating of crop yield insurance plans, with a particular emphasis on production risk modeling. The authors show how the availability of data shapes the insurance scheme and the ratemaking procedures. Relying on the U.S. experience and recent developments in statistics and econometrics, they review risk modeling concepts and provide technical guidelines in the development of crop insurance plans. Finally, they show how these risk modeling techniques can be extended to price risk in order to develop crop revenue insurance schemes. This paper-- a product of the Financial Sector Operations and Policy Department-- is part of a larger effort in the department to develop effective risk management and financial products for agriculture"-- World Bank web site.

Author : Barry K. Goodwin
Publisher : Unknown
Page : 38 pages
File Size : 55,6 Mb
Release : 2016
Category : Electronic
ISBN : OCLC:1290705273

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Risk Modeling Concepts Relating to the Design and Rating of Agricultural Insurance Contracts by Barry K. Goodwin Pdf

Goodwin and Mahul identify the key issues and concerns that arise in the design and rating of crop yield insurance plans, with a particular emphasis on production risk modeling. The authors show how the availability of data shapes the insurance scheme and the ratemaking procedures. Relying on the U.S. experience and recent developments in statistics and econometrics, they review risk modeling concepts and provide technical guidelines in the development of crop insurance plans. Finally, they show how these risk modeling techniques can be extended to price risk in order to develop crop revenue insurance schemes.This paper - a product of the Financial Sector Operations and Policy Department - is part of a larger effort in the department to develop effective risk management and financial products for agriculture.

Author : Olivier Mahul,Jerry Robert Skees,World Bank
Publisher : World Bank Publications
Page : 37 pages
File Size : 53,6 Mb
Release : 2007
Category : Banks and Banking Reform
ISBN : 8210379456XXX

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managing Agricultural Risk at the Country Level by Olivier Mahul,Jerry Robert Skees,World Bank Pdf

Abstract: This paper describes the index-based livestock insurance program in Mongolia designed in the context of a World Bank lending operation with Government of Mongolia and implemented on a pilot basis in 2005. This program involves a combination of self-insurance by herders, market-based insurance, and social insurance. Herders retain small losses, larger losses are transferred to the private insurance industry, and extreme or catastrophic losses are transferred to the government using a public safety net program. A syndicate pooling arrangement protects participating insurance companies against excessive insured losses, with excess of loss reinsurance provided by the government. The fiscal exposure of Government of Mongolia toward the most extreme losses is protected with a contingent credit facility. The insurance program relies on a mortality rate index by species in each local region. The index provides strong incentives to individual herders to continue to manage their herds so as to minimize the impacts of major livestock mortality events; individual herders receive an insurance payout based on the local mortality, irrespective of their individual losses. This project offered the first opportunity to design and implement an agriculture insurance program using a country-wide agricultural risk management approach. During the first sales season, 7 percent of the herders in the three pilot regions purchased the insurance product.

Author : Ershi Qi,Jiang Shen,Runliang Dou
Publisher : Springer
Page : 888 pages
File Size : 43,8 Mb
Release : 2016-02-05
Category : Technology & Engineering
ISBN : 9789462391772

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Proceedings of the 22nd International Conference on Industrial Engineering and Engineering Management 2015 by Ershi Qi,Jiang Shen,Runliang Dou Pdf

Being the premier forum for the presentation of new advances and research results in the fields of Industrial Engineering, IEEM 2015 aims to provide a high-level international forum for experts, scholars and entrepreneurs at home and abroad to present the recent advances, new techniques and applications face and face, to promote discussion and interaction among academics, researchers and professionals to promote the developments and applications of the related theories and technologies in universities and enterprises, and to establish business or research relations to find global partners for future collaboration in the field of Industrial Engineering. All the goals of the international conference are to fulfill the mission of the series conference which is to review, exchange, summarize and promote the latest achievements in the field of industrial engineering and engineering management over the past year, and to propose prospects and vision for the further development. This volume is the second of the two proceedings volumes from this conference.

Author : Waheed Akram,Aqeel Ahmad,Nasim Ahmad Yasin
Publisher : Frontiers Media SA
Page : 159 pages
File Size : 53,9 Mb
Release : 2024-03-13
Category : Science
ISBN : 9782832546246

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Interactive Effects of Plant Growth-Promoting Microbes and Nanoparticles on the Physiology, Growth, and Yield of Crops by Waheed Akram,Aqeel Ahmad,Nasim Ahmad Yasin Pdf

Author : Anonim
Publisher : World Bank Publications
Page : 286 pages
File Size : 46,7 Mb
Release : 2008
Category : Business & Economics
ISBN : 9780821374061

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The World Bank Research Program, 2005-2007 by Anonim Pdf

This pocket-sized reference on key environmental data for over 200 countries includes key indicators on agriculture, forestry, biodiversity, energy, emission and pollution, and water and sanitation. The volume helps establish a sound base of information to help set priorities and measure progress toward environmental sustainability goals.

Author : Nafukho, Frederick Muyia,Boniface Makulilo, Alexander
Publisher : IGI Global
Page : 510 pages
File Size : 43,9 Mb
Release : 2021-03-19
Category : Business & Economics
ISBN : 9781799864721

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Handbook of Research on Nurturing Industrial Economy for Africa’s Development by Nafukho, Frederick Muyia,Boniface Makulilo, Alexander Pdf

A robust manufacturing sector is a necessity and a sufficient condition for any country’s human and economic development as it creates employment and alleviates poverty. During this Fourth Industrial Revolution era, there is an urgent need in Africa to optimally utilize the existing resources to support manufacturing or else risk allowing the continent to fall behind in the industrial economy. Innovative strategies are needed that can unlock Africa’s manufacturing potential by exploring key areas that may help Africa mature and launch modernized economies that will benefit the developed world’s industrial economy. The Handbook of Research on Nurturing Industrial Economy for Africa’s Development examines various innovations necessary for Africa’s economic development including drivers of the manufacturing economy such as education, agriculture, human capital, science and technological innovations, language, politics, and business environments. The book explores strategies to increase Africa’s economic diversity, complexity, productivity, and ultimately competitiveness, and for the continent to realize its manufacturing/industrial potential. Further, chapters focus on African countries’ industrial economies in the African context and facilitating the fulfillment of the Sustainable Development Goals (SDGs) and the African Union’s Agenda 2063. This book is a valuable reference tool for government officials, economists, industrialists, practitioners, stakeholders, researchers, academicians, and students interested in the industrial economic development of Africa.

Author : Chongfu Huang,Cengiz Kahraman
Publisher : CRC Press
Page : 968 pages
File Size : 53,6 Mb
Release : 2013-07-25
Category : Computers
ISBN : 9781138000193

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Intelligent Systems and Decision Making for Risk Analysis and Crisis Response by Chongfu Huang,Cengiz Kahraman Pdf

In this present internet age, risk analysis and crisis response based on information will make up a digital world full of possibilities and improvements to people’s daily life and capabilities. These services will be supported by more intelligent systems and more effective decisionmaking. This book contains all the papers presented at the 4th International Conference on Risk Analysis and Crisis Response, August 27-29, 2013, Istanbul, Turkey. The theme was intelligent systems and decision making for risk analysis and crisis response. The risk issues in the papers cluster around the following topics: natural disasters, finance risks, food and feed safety, catastrophic accidents, critical infrastructure, global climate change, project management, supply chains, public health, threats to social safety, energy and environment. This volume will be of interest to all professionals and academics in the field of risk analysis, crisis response, intelligent systems and decision-making, as well as related fields of enquiry.

Author : Anonim
Publisher : Unknown
Page : 382 pages
File Size : 54,9 Mb
Release : 2009
Category : Agricultural credit
ISBN : UGA:32108043155277

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Agricultural Finance Review by Anonim Pdf

Author : Shadreck Mapfumo,Huybert Groenendaal,Chloe Dugger
Publisher : World Bank Publications
Page : 312 pages
File Size : 42,6 Mb
Release : 2017-04-13
Category : Business & Economics
ISBN : 9781464810497

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Risk Modeling for Appraising Named Peril Index Insurance Products by Shadreck Mapfumo,Huybert Groenendaal,Chloe Dugger Pdf

Named peril index insurance has great potential to address unmet risk management needs for agricultural insurance in developing economies, potentially contributing to increased agricultural sustainability and improved food security. However, the development and appraisal of index insurance business lines is not without challenges. Insurers must rigorously evaluate the quality of the products they offer and take care to ensure that distributors and policyholders understand the benefits and limits of the purchased coverage. Without these important steps to ensure responsible insurance practices, insurers can damage the implementation and potential of index insurance in the market. Risk Modeling for Appraising Named Peril Index Insurance Products: A Guide for Practitioners helps stakeholders in the named peril index insurance industry appraise new and existing products. Part 1 of the guide provides a summary of the insights and decisions required for the insurer to make an informed decision to launch and expand an index insurance business line. Insurance managers are the primary audience for part 1. Part 2 provides a step-by-step guide to calculating the decision metrics used by the insurance manager in part 1. These metrics are calculated using probabilistic modeling that provides insights into risks related to the index insurance product. Actuarial analysts are the primary audience for part 2. In an increasingly competitive insurance market, creative product development and imaginative business strategies are becoming the norm. This guide will help emerging market insurers who seek to stay on the cutting edge to successfully and sustainably penetrate new market segments.

Author : Anonim
Publisher : Unknown
Page : 136 pages
File Size : 54,9 Mb
Release : 1999
Category : Agricultural diversification
ISBN : WISC:89081990335

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Managing Risk in Farming by Anonim Pdf

Author : Randall Morck,Bernard Yeung
Publisher : Unknown
Page : 32 pages
File Size : 45,9 Mb
Release : 2004
Category : Corporate governance
ISBN : UCSD:31822032306342

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Special Issues Relating to Corporate Governance and Family Control by Randall Morck,Bernard Yeung Pdf

"Control of corporate assets by wealthy families in economies lacking institutional integrity is common. It has negative implications on corporate governance and adverse macroeconomic effects when it extends across a sufficiently large part of the country's corporate sector. Morck and Yeung consider the reasons why family control and control pyramids predominate in emerging market economies and in some industrial economies. They also discuss the reasons why widely held freestanding firms predominate in the United States. The authors discuss policies that countries might adopt to discourage family control pyramids, but caution that control pyramids are but one feature of an institutionally deficient economy. A concerted effort to improve a country's institutions is needed before diffuse ownership is desirable. This paper a product of the Global Corporate Governance Forum, Corporate Governance Department is part of a larger effort in the department to improve the understanding of corporate governance reform in developing countries"--World Bank web site.

Author : Florencio Lopez-de-Silanes
Publisher : Unknown
Page : 52 pages
File Size : 54,9 Mb
Release : 2004
Category : Capital market
ISBN : UCSD:31822032307290

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A Survey of Securities Laws and Enforcement by Florencio Lopez-de-Silanes Pdf

Author : Ali Zafar
Publisher : Unknown
Page : 36 pages
File Size : 42,9 Mb
Release : 2004
Category : Gabon
ISBN : UCSD:31822032307233

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What Happens when a Country Does Not Adjust to Terms of Trade Shocks? by Ali Zafar Pdf

An analysis using a quantitative methodology to decompose responses to shocks shows that Gabons adjustment to adverse movements in the terms and trade from 1980 to 2000 was considerably weak in terms of three performance indicators import intensity, economic compression, and nonoil export promotion. While the economys growth rate was respectable, Gabonese policymakers postponed adjustment by resorting to considerable borrowing during this period. While there was some decrease in import intensity from 1987 to 1990 and 1996 to 2000, as well as slight nonoil export diversification from 1996 to 2000, the government borrowed from commercial banks and donors, causing its external debt/GDP ratio to increase from 30 percent of GDP in 1970-76 to 80 percent in 1999. To pay the debt service, it currently has to maintain large primary surpluses. Only since 1996 has there been significant fiscal retrenchment and a freezing of government wages"--Abstract.

Author : Gladys Lopez Acevedo
Publisher : Unknown
Page : 36 pages
File Size : 40,9 Mb
Release : 2004
Category : Economic assistance, Domestic
ISBN : UCSD:31822032310146

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Teachers' Salaries and Professional Profile in Mexico by Gladys Lopez Acevedo Pdf

"Teachers' salaries have often been highlighted as an important issue in discussions on school improvement. The level and structure of teacher remuneration affect morale and the ability to focus on and devote adequate time to teaching. Lopez-Acevedo examines who teachers are, whether teachers are underpaid, and whether teachers face higher compensation uncertainty than their counterparts face. The results show that teachers in basic education consistently work fewer hours than their occupational counterparts. Regression analysis shows that teachers in basic public schools are better paid early in their professional lives than are other comparable individuals. Because retirement benefits are usually generous, teachers stay within the profession. This paper-- a product of the Poverty Reduction and Economic Management Division, Latin America and the Caribbean Region-- is part of a larger effort in the region to examine teachers' incentives"-- World Bank web site.