Bearing risk is hard to do: crop price risk transfer for poor farmers and low-income countries
Overview
This article takes the food crisis that began in 2007 as an occasion to draw attention to the deleterious impact of agricultural market volatility on poor farmers and food importing low-income countries. The article presents a menu of mechanisms that may reduce volatility or farmer and low-income country exposure to it. This is followed by a discussion of mechanisms that allow for the transfer of price risk through the use of instruments such as futures and options. Surveying empirical cases and experimental studies, the article focuses on potential applications of such mechanisms in low-income country settings.
Keywords
Additional details
Author(s)
How to cite this resource
Citation styles vary so we recommend you check what is appropriate for your context. You may choose to cite Oxfam resources as follows:
Author(s)/Editor(s). (Year of publication). Title and sub-title. Place of publication: name of publisher. DOI (where available). URL
Our FAQs page has some examples of this approach.
Caregivers at the frontline of addressing the climate crisis
