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2021-09-29Author
Mühlenhoff, Stefan CamposSubject
330 Economics 630 Agriculture Indexbasierte VersicherungLandwirtschaftErnährungssicherungErnteversicherungErnährungssouveränitätIndienMetadata
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Financial Inclusion in the Global South: An Analysis of Index-Based Agricultural Insurance and Farmer Food Security in India
Abstract
Index-based agricultural insurance (IBAI) is presented by several development organizations as a highly effective way of mitigating climate change related risks and improving farmer food security. However, critics doubt the effectiveness of the instrument and regard it as a new frontier for capital accumulation. Linking to this debate, this research uses a qualitative design to investigate how IBAI affects the food production and consumption of farmers in the Indian state of Karnataka. It finds that the proposed benefits of the instrument are overestimated. Most of the major issues reported by farmers cannot be addressed by insurance. Moreover, using the alternative concept of food sovereignty, the research suggests that several problems reported by interviewees, such as unstable market prices, unequal land distribution and missing irrigation require political action rather than financial inclusion.
Citation
In: Future of Food: Journal on Food, Agriculture & Society Vol. 9 / No. 3 (2021-09-29) eissn:2197-411XCollections
Vol 09, No 3 (2021) (Future of Food: Journal on Food, Agriculture & Society // The Future of Food Journal: Journal on Food, Agriculture & Society)Citation
@article{doi:10.17170/kobra-202102163262,
author={Mühlenhoff, Stefan Campos},
title={Financial Inclusion in the Global South: An Analysis of Index-Based Agricultural Insurance and Farmer Food Security in India},
journal={Future of Food: Journal on Food, Agriculture & Society},
year={2021}
}
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2021-10-26T14:47:24Z 2021-10-26T14:47:24Z 2021-09-29 doi:10.17170/kobra-202102163262 http://hdl.handle.net/123456789/13325 eng Namensnennung 4.0 International http://creativecommons.org/licenses/by/4.0/ index-based agricultural insurance food security crop insurance weather-based crop insurance food sovereignty 330 630 Financial Inclusion in the Global South: An Analysis of Index-Based Agricultural Insurance and Farmer Food Security in India Aufsatz Index-based agricultural insurance (IBAI) is presented by several development organizations as a highly effective way of mitigating climate change related risks and improving farmer food security. However, critics doubt the effectiveness of the instrument and regard it as a new frontier for capital accumulation. Linking to this debate, this research uses a qualitative design to investigate how IBAI affects the food production and consumption of farmers in the Indian state of Karnataka. It finds that the proposed benefits of the instrument are overestimated. Most of the major issues reported by farmers cannot be addressed by insurance. Moreover, using the alternative concept of food sovereignty, the research suggests that several problems reported by interviewees, such as unstable market prices, unequal land distribution and missing irrigation require political action rather than financial inclusion. open access Mühlenhoff, Stefan Campos Indexbasierte Versicherung Landwirtschaft Ernährungssicherung Ernteversicherung Ernährungssouveränität Indien publishedVersion eissn:2197-411X No. 3 Future of Food: Journal on Food, Agriculture & Society Vol. 9 false 372
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