Hazell, P. B. R.Hess, U.2012-03-302012-03-302010Food Security1876-4517https://hdl.handle.net/10986/5242This paper reviews the potential role for and experience with index based insurance for managing drought risks in agriculture and rural areas in the dry areas of developing countries It argues that while index insurance is not a panacea for risk management, it could make important, market-based contributions in catalyzing sustainable safety nets and promoting agricultural growth And though the private sector should be the main supplier, there are still important enabling and facilitating roles that need to be played by the public sectorENJournal ArticleWorld Bank