Clarke, Daniel J.; Hill, Ruth Vargas - International Food Policy Research Institute (IFPRI) - 2013
The African Risk Capacity (ARC), has been proposed as a pan-Africa drought risk pool to insure against drought risk in … Africa south of the Sahara. If fully operationalized, the ARC will mark a major change in how donors fund emergency support … to countries in Africa during times of need. In this paper, we undertake a cost-benefit analysis of the ARC pool and …