Studies from University of Cincinnati Yield New Data on Risk Management (Index Insurance and the Moral Economy of Pastoral Risk Management In Mongolia): Risk Management

2024 JAN 18 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- Fresh data on Risk Management are presented in a new report. According to news reporting out of Cincinnati, Ohio, by NewsRx editors, research stated, “Rural livelihoods worldwide are being transformed by the increasing financialization of agricultural production.”

Financial supporters for this research include Charles Phelps Taft Research Center, National Science Foundation (NSF), Wenner-Gren Foundation for Anthropological Research, Taft Humanities Research Center, University of Cincinnati.

Our news journalists obtained a quote from the research from the University of Cincinnati, “Microlending and the deeper integration of production cycles in commodity markets are clearly at the vanguard of these transformations, but insurance and similar financial products have become a new frontier. Here, we explore index-based livestock insurance in Mongolia, where even in the face of disaster and worsening climatic conditions, herders have expressed limited interest in, and some outright rejection of, index insurance.”

According to the news editors, the research concluded: “Using a decade of ethnographic research, we explore herder perceptions of index insurance, its effects, and the contrast with local moral economies of mutual aid.”

This research has been peer-reviewed.

For more information on this research see: Index Insurance and the Moral Economy of Pastoral Risk Management In Mongolia. The Journal of Peasant Studies, 2023. The Journal of Peasant Studies can be contacted at: Routledge Journals, Taylor & Francis Ltd, 2-4 Park Square, Milton Park, Abingdon OX14 4RN, Oxon, England.

Our news journalists report that additional information may be obtained by contacting Daniel J. Murphy, University of Cincinnati, School of Environment and Sustainability, Dept. of Anthropology, Cincinnati, OH 45221, United States.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1080/03066150.2023.2284972. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.

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