Income insurance as a risk management tool after 2013 CAP reforms?

M.P.M. Meuwissen, M. Asseldonk, P. Kyösti, J.B. Hardaker, R.B.M. Huirne

Research output: Contribution to conferenceAbstract

Abstract

The ecosystem and the economic subsystem are interlinked. In fact, it is the overconsumption of scarce resources or the overproduction of bad outputs at economic system level that causes a great part of the imbalances at the ecosystem level. Some imbalances do not originate at the economic system level, but are due to external factors. Given the possibility of external shocks, respecting static sustainability thresholds is not a guarantee for system sustainability. In a dynamic setting, the concept of resilience is therefore helpful. In this paper we show how this concept can complement the traditional efficiency approach to come to a sustainable value creating economic system
Original languageEnglish
Publication statusPublished - 2011
EventThe XIIIth Congress of the European Association of Agricultural Economists, Zurich, Switzerland -
Duration: 30 Aug 20112 Sept 2011

Conference/symposium

Conference/symposiumThe XIIIth Congress of the European Association of Agricultural Economists, Zurich, Switzerland
Period30/08/112/09/11

Fingerprint

Dive into the research topics of 'Income insurance as a risk management tool after 2013 CAP reforms?'. Together they form a unique fingerprint.

Cite this