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RISK MANAGEMENT IN AGRICULTURE: WHAT ROLE FOR GOVERNMENTS?
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Recent years have been tumultuous in the agricultural sector. Price volatility has increased, with sharp swings in product and input prices. Markets have been affected by macro-economic disturbances, disease outbreaks and adverse weather events such as floods and droughts. The latter may become more frequent through climate change. With agricultural policies that are more decoupled from production and prices, farmers are now more exposed to market forces than in the past. Risk management in agriculture is now an essential tool for farmers to anticipate, avoid and react to shocks. An efficient risk management system for agriculture will preserve the standard of living of those who depend on farming, strengthen the viability of farm businesses, and provide an environment which supports investment in the farming sector.
ORGANIZATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT - Personal Name
NONE
Management
English
1-8
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