Risk Management Tools for Sustainable Agriculture
Risk management in agriculture is at the heart of major reforms in many OECD countries and European agricultural policies.
Price risks, which are generally not insurable per se, have been covered by the Common Agricultural Policy (CAP), which has been shaped as a system of protection against market shocks and an instrument for income stabilization.
However, there is an increasing propensity to combine the use of public and private risk management tools as well.
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