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Under the Aquino administration, premium subsidies on agricultural insurance have significantly increased, mostly due to the special programs being implemented by the Philippine Crop Insurance Corporation (PCIC). This paper attempts to describe the various fully subsidized agricultural insurance...
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The situation of the poor who participate in the country`s agricultural sector has been exacerbated by the increasingly prevalent natural calamities, pests, and other such unpredictable event. However, there are certain risk management tools that aid in lessening the farmers` financial burden...
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Providing agricultural insurance to farmers and fisherfolk in the Philippines has been implemented for nearly three decades. While it is agreed that agricultural insurance is crucial in assisting farmers, fisherfolk, and governments in lessening the negative financial impact of natural events,...
Persistent link: https://www.econbiz.de/10011583764
While agricultural insurance has long been considered a risk management tool for farmers in both developing and developed economies, policy directions toward sustainability vary across countries. Reviewing the literature provides a comprehensive view of relevant issues, such as objectives of the...
Persistent link: https://www.econbiz.de/10011583765
There are many and varied government programs that target the agriculture and fisheries sector, especially the poor. For more efficient and streamlined program targeting, the Aquino administration has initiated the creation of the Registry Service for Basic Sectors in Agriculture (RSBSA), a list...
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