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Financial Inclusion in the Global South: An Analysis of Index-Based Agricultural Insurance and Farmer Food Security in India
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 ...