Until recently in the developed countries, food prices had been moving in one single direction – downwards – for almost a generation, while the prices of agricultural products had been falling for almost thirty consecutive years. 2008, however, saw a turnaround in the negative trend of food prices, with most crop prices on the global markets doubling in nominal terms and making newspaper headli...

utilization of effective instruments in support of and to provide economic safety for active population in the agricultural sector and towards an increase in production is an indispensable necessity. agricultural crop insurance is one of these instruments. the purpose of this paper is to investigate the factors affecting an adoption of agricultural crops’ insurance among apple growers in semiro...

We examine the existence and identify the sources of advantageous selection in the Philippine crop insurance program for corn. Out of the many potential sources considered, we find that using hybrid instead of genetically modified seeds is a source of advantageous selection in this market as farmers who use hybrid seeds purchase more insurance and are also more productive. We also find that far...

The provision of insurance for the poor, covering a variety of risks, could well be a key milestone in the fight against poverty. In richer economies, insurance achieved through broad public action and appropriately developed private mechanisms has fundamentally changed the lives of poor people. The difficulty in developing countries, however, is that insurance markets are limited, as (often) i...

Conventional crop insurance systems are complex and often not economically feasible. Farmers reluctant to be covered for their crops due lack of trust in firms the fear delayed or non-payment claims. In this paper, a blockchain based solution is suggested. The suggested paper an affordable, efficient, low cost which will ensure many farmers insured benefiting from timely insurance. Currently ad...