There is a strong link between weather and the welfare of poor populations. Low-frequency, short-term, but catastrophic weather shocks can trigger destructive coping responses to disaster—for example, withdrawal of children from school, distress sale of assets, refugee migration, crime, and sever...
Chantarat, S.
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Barrett, Christopher B.
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Mude, Andrew G.
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Turvey, C.G.
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[Using weather index insurance to improve drought response for famine prevention]
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Using weather index insurance to improve drought response for famine prevention
Purpose – The purpose of this paper is to present the methods and findings of an experimental game designed to extend the concept of index-based livestock insurance in northern Kenya, and analyze patterns of game play. The paper is designed to inform others who may be attempting something similar...
McPeak, J.G.
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Chantarat, S.
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Mude, Andrew G.
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[Explaining index-based livestock insurance to pastoralists]
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Explaining index-based livestock insurance to pastoralists
This paper illustrates how weather derivatives indexed to forecasts of famine can be designed and used by operational agencies and donors to facilitate timely and reliable financing, for effective emergency response to climate-based, slow-onset disasters such as drought. We provide a general fram...
Chantarat, S.
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Turvey, C.G.
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Mude, Andrew G.
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Barrett, Christopher B.
,
[Improving humanitarian response to slow-onset disasters using famine indexed weather derivatives]
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Improving humanitarian response to slow-onset disasters using famine indexed weather derivatives
Pastoralist households across East Africa face major livestock losses during drought periods that can cause persistent poverty. For Kenya and southern Ethiopia, an existing index insurance scheme aims to reduce the adverse effects of such losses. The scheme insures individual households through a...
Vrieling, A.
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Meroni, M.
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Mude, Andrew G.
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Chantarat, S.
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Ummenhofer, Caroline C.
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Bie, C.A.J.M. de
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[Early assessment of seasonal forage availability for mitigating the impact of drought on East African pastoralists]
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Early assessment of seasonal forage availability for mitigating the impact of drought on East African pastoralists
This article describes a novel index-based livestock insurance (IBLI) product piloted among pastoralists in Northern Kenya, where insurance markets are effectively absent and uninsured risk exposure is a main cause of poverty. We describe the methodology used to design the contract and its underl...
Chantarat, S.
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Mude, Andrew G.
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Barrett, Christopher B.
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Carter, M.R.
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[Designing index based livestock insurance for managing asset risk in northern Kenya]
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Designing index based livestock insurance for managing asset risk in northern Kenya
The effective design and implementation of interventions that reduce vulnerability and poverty require a solid understanding of underlying poverty dynamics and associated behavioral responses. Stochastic and dynamic benefit streams can make it difficult for the poor to learn the value of such int...
Lybbert, T.J.
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Galarza, F.B.
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McPeak, J.G.
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Barrett, Christopher B.
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Boucher, S.R.
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Carter, S.
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Chantarat, S.
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Fadlaoui, A.
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Mude, Andrew G.
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[Dynamic field experiments in development economics: Risk valuation in Morocco, Kenya, and Peru]
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Dynamic field experiments in development economics: Risk valuation in Morocco, Kenya, and Peru