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This book provides an in-depth introduction of the development and implementation of weather index insurance in China's agricultural production, offering comprehensive case studies. It systematically reports the unique challenges encountered and successes achieved in each province, providing valuable insights for China and other developing countries. Combining extensive field research with in-depth policy analyses, this book presents practical strategies for designing, implementing and promoting weather index insurance programs. The main objective of the book is to systematically summarize the experiences and institutional barriers faced in developing weather index insurance in China through multiple case studies. It bridges the gap between theory and practice and is an important reference for researchers, policy makers and practitioners in the fields of agricultural insurance, climate risk management and rural development.
With its empirical research and practical insights, this book is tailored for researchers, policymakers and professionals working in agricultural insurance and climate risk management. It is both a comprehensive guide and a valuable reference for advancing sustainable agricultural practices in the face of climate change.
The translation was done with the help of artificial intelligence. A subsequent human revision was done primarily in terms of content.
List of contents
Chapter 1 Weather Index Insurance in China.- Chapter 2 Adverse Selection and Demand for Weather Index Insurance.- Chapter 3 Bundled Sale Model: Weather Index Insurance + Yield Insurance.- Chapter 4 "Index + Non-Index" Insurance: A New Model for Managing Basis Risk.- Chapter 5 Where is the Future for Weather Index Insurance in Fisheries?.- Chapter 6 Choose the Right Buyer.- Chapter 7 Weather Index Insurance + Price Index Insurance Cooperative Operation Model.- Chapter 8 Decisive Role of Financial Support.- Chapter 9 High-Cost Problem and Governance Path of Weather Index Insurance.
About the author
Fujin Yi, Distinguished Professor at Zhejiang University. Dr. Yi received Ph.D. in Agricultural and Resource Economics from UC Davis in 2011 and served as the President of the China Section of the Agricultural and Applied Economics Association in 2021-2023. Dr. Yi has a long-standing engagement in research on agricultural risk management, agro-environmental issues, and rural development. He has published over 80 papers in leading academic journals in the field of agricultural economics.
