Managing Risk in Agriculture

Policy Assessment and Design

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This book examines the implications of risk management for policy in agriculture.  Opening with a chapter on risk management principles and guidelines for policy design in agriculture, the book goes on to look at quantitative analysis of risk and then at policy in various countries.

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The public-private insurance system in Spain

The main risk-related policies in Spain are implemented within the EU Common Agricultural Policy. The Spanish risk management system is dominated by public insurance and two main policy issues: the contribution of the public/private insurance partnership and their information sharing arrangement to improve market efficiency; and the role of the insurance system as a device for catastrophic assistance. This policy analysis is part of a larger report structured around three layers of risk – normal, market and catastrophic – that require differentiated policy responses.

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