Fast and integrated revision of agricultural risk management in Brazil
Diego Arias, Pedro Abel Vieira Junior and Paulo Mendes
Diego Arias, World Bank, Brazil; Pedro Abel Vieira, Embrapa, Brazil; Paulo Mendes, Embrapa, Brazil
Please cite the paper as:
Diego Arias, Pedro Abel Vieira Junior and Paulo Mendes, (2016), Fast and integrated revision of agricultural risk management in Brazil, World Economics Association (WEA) Conferences, No. 2 2016, Food and Justice, 5th November to 15th December 2016
The agricultural sector is strategic for Brazilian economy and society, nevertheless, the fluctuation in GDP, which can reach 1% per year, indicates the weakness of risk management in the sector. This study identified that Brazil has good policies dedicated for risk management, although focused on risk mitigation. Response and transfer mechanisms, especially insurance, are still insufficient. The results also strongly suggest that the integration of policies and programs dedicate to agricultural risk management in Brazil is still low, consequently, it may be difficult to reduce the losses in a systematic way.