Rural Household Vulnerability and Insurance Against Commodity Risks

Download or read book Rural Household Vulnerability and Insurance Against Commodity Risks written by Luc J. Christiaensen and published by Food & Agriculture Org.. This book was released on 2007 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report has two objectives. It assesses the nature and the extent of vulnerability among rural households in Tanzania with a particular focus on smallholder cash crop growers though exploring all risks, including the decline in commodity prices. It further explores the potential role for market based insurance schemes such as commodity price and weather based insurance to mitigate household vulnerability. The empirical analysis is based on two rounds of specifically designed representative surveys of farm households in Kilimanjaro and Ruvuma, two cash crop growing regions in the United Republic of Tanzania in 2003 and 2004. The contrasting experiences of a richer (Kilimanjaro) and a poorer (Ruvuma) region substantially enriches the policy guidance emerging from the report. The report applies descriptive, econometric and contingent valuation techniques to achieve its objectives.