Agricultural risk management

Fumihiro Kabuta, Ph.D. Policy Research Coordinator, Policy Research Institute, Ministry of Agriculture, Forestry and Fisheries, Japan   (Continued from Part 1 uploaded on April 18, 2014) 7. Mechanism of the compensation (mutual aid insurance money) Agricultural mutual aid insurance...
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Fumihiro Kabuta, Ph.D. Policy Research Coordinator, Policy Research Institute Ministry of Agriculture, Forestry and Fisheries, Japan   INTRODUCTION Agricultural Disaster Compensation System shall be a public insurance system that has been implemented as the Government measure for...
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Chan Ik Chun, Ph. D. Agricultural Economist, Food and Fertilizer Technology Center   The Korean authorities in a desire to ameliorate the disaster losses of affected Korean farm households, have deployed assiduous assistance and disaster relief efforts, to help the farming sector...
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Dohan Song, Ph.D. Director of Financial Research Unit NongHyup Economic Research Institute Seoul, Korea About the Crop Insurance Program In Korea, the Crop Insurance Program (here after, CIP) was first introduced in 2001 in an attempt to compensate farmers from possible catastrophic...
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Yutsai Huang, Ph.D. Director, Food and Fertilizer Technology Center   As a result of climate change, rainfall patterns shift or extreme events such as drought and floods become more frequent. Crop insurance is therefore a key in assisting farmers lessen the negative financial impact or...
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