Publication: Agricultural Insurance in Bangladesh : Promoting Access to Small and Marginal Farmers
Date
2010-06
ISSN
Published
2010-06
Author(s)
World Bank
Abstract
Bangladesh is ranked as the world's
fifth most exposed country to natural disasters, including
floods, cyclones, and droughts. The purpose of this study is
to investigate the viability of agricultural insurance in
Bangladesh, particularly for small and marginal farmers and
to present the Government of Bangladesh (GoB) with a set of
options for the future development of agricultural insurance
in the country. The current study aims to identify an
overall framework for the development of sustainable
market-based agricultural insurance in Bangladesh. It also
reviews the technical, operational, financial, and
institutional issues and options for the introduction of
traditional crop and livestock insurance products and for
new crop-index products that are suitable to Bangladeshi
farmers. This report present a series of practical
guidelines and options for GoB and other interested parties
to consider for the future development and implementation of
crop, livestock and aquaculture insurance in Bangladesh.
This study benefits from this international experience (for
example, the Indian area-yield and weather-index crop
insurance schemes, a Mexican agricultural mutual insurance
program, and a Mongolian livestock-mortality index insurance
program), which is tailored to the local economic and social
context of Bangladesh.
Citation
“World Bank. 2010. Agricultural Insurance in Bangladesh : Promoting Access to Small and Marginal Farmers. © Washington, DC. http://openknowledge.worldbank.org/entities/publication/8fc0e1c9-9b56-5ce2-9de9-64ffe820c2b9 License: CC BY 3.0 IGO.”