Economic risks for farmers have increased during recent years due to various factors such as more extreme climate conditions and the volatility of agricultural markets. We analysed the preferences of Finnish farmers and non-farming citizens concerning catastrophic risk management policies in...

We introduce a class of quantile-based risk measures that generalize Value at Risk (VaR) and, likewise Expected Shortfall (ES), take into account both the frequency and the severity of losses. Under VaR a single confidence level is assigned regardless of the size of potential losses. We allow...

Public stockholding remains a major concern in multilateral negotiations on agricultural trade liberalisation. This paper focuses on identifying alternative policies to buffer stockholding. It first positions buffer stocks within the range of policies aimed at price stabilisation and food...

Paper presents diverse modes of governance of chemical and biological risks in agri-food sector, assesses their efficiency, complementarities, and challenges, and suggests recommendations for public policies improvement. It defines governance as system of social order responsible for particular...

Operationalizing the Cartagena Protocol on Biosafety will require resolving disputes about the meaning of the term 'precautionary approach' in the treaty text. Although the terms precautionary approach and precautionary principle have been referred to in the regulation of transgenic plants for...

On March 11, 2011 the strongest ever recorded in Japan earthquake occurred which triggered a powerful tsunami and caused a nuclear accident in Fukushima nuclear plant. The later was a “man-made” disaster having immense impacts on people’s life, health and property, infrastructure, supply...

Blockchain technology (BCT), since its emergence touted to be disruptive, is gaining momentum especially in the agri-food system owing to its multiple benefits. In the paper, we attempted to conduct a systematic bibliometric analysis of the BCT in the agri-food system. The analysis comprises the...

Supply chain scenario planning – Coronavirus synopsis questionsSupply chain resilience, contingencies, and business continuity plansHistoric case study of high dependency on the region and the inappropriate spread of manufacturing load. Contingency planning to address business continuity...

Agricultural income volatility has become a major hurdle for Irish farmers and policymakers to overcome in their drive to increase investment, production and ultimately income in the sector. This paper studies data from 927 farms in the Teagasc National Farm Survey between 2005 and 2013, the...

Farmers in India are exposed to large agriculture risks due to vagaries of nature. One of the most effective mechanisms to mitigate agricultural risks is to have a robust insurance system. Although crop insurance has been in the country since 1972, yet it has been beset with several problems...