Risk Management in Agriculture: Examples from Some Countries
Abstract
Risk is intrinsic to all agricultural activities. The literature abounds on this in order to elucidate it and to give tools of management to the agricultural managers. Unfortunately managers often are lost in this abundance of research and theorization of the concept agricultural risk because the concept is found in catalog disparate. It is in order to summarize the bibliography of risk management in a single catalog that this study entitled "Risk management in agriculture: Examples from some countries" carried out. In order to do so, a literature review was carried out to highlight the common meaning of risk, risk management tools and examples of how these tools are applied throughout the world. It emerges that risk is commonly defined as the harmful consequence of a random event.Only the relevant risks are managed either by the public authorities or by the private or both. However,government intervention is low in developing countries than in developed countries. In addition, the low level offarmers' banking in developing countries leads them to use warrantage as a means of accessing credit and agricultural risk management.
Keywords
References
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Details
Primary Language
English
Subjects
Agricultural Engineering, Business Administration
Journal Section
Research Article
Publication Date
April 6, 2017
Submission Date
March 31, 2017
Acceptance Date
-
Published in Issue
Year 2017 Volume: 23 Number: 1
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