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- W2367395004 abstract "Frequent extreme weather events resulting from global warming have been threatening the world food security dramatically. Agricultural insurance has been highly valued by countries all over the world as a key financial instrument used in managing weather disaster risks and protecting food security. However, current business model of agricultural insurance affects its operational efficiency. Most developing countries would drive agriculture insurance into an unsustainable development situation in the long term, because of the overweighed fiscal burden. To solve the contradiction, many developing countries set up the weather index insurance program to improve the traditional business model, which has achieved initial success. In some countries, the sustainability of agricultural insurance has been significantly enhanced. By analyzing the history, operation progress and features of weather index insurance, this paper suggests that weather index insurance will also contribute significantly to agricultural insurance sustainable development in China. China should draw on successful experiences of weather insurance, apply weather insurance to complement the existing agricultural insurance and take measures to promote weather index insurance." @default.
- W2367395004 created "2016-06-24" @default.
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- W2367395004 date "2010-01-01" @default.
- W2367395004 modified "2023-09-24" @default.
- W2367395004 title "Weather Index Insurance and Sustainable Development of Agricultural Insurance" @default.
- W2367395004 hasPublicationYear "2010" @default.
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