Objective
In a framework of changing agricultural risks, an enlarging European Union, changing views about eligible forms of income support, changing attitudes towards ad hoc disaster relief and continuing developments at private risk management markets, this project analyses the opportunities of different risk management tools for stabilising farm incomes. We first quantify the risk exposure of farm households in a selection of current and future Member States of the European Union. Individual farm data are analysed as well as data on off-farm incomes. Next, we study the impact of future CAP and WTO scenarios on farmers' risk exposure and (allowed forms of) risk management. A farm-level simulation model illustrates the impact of various scenarios on income volatility and crisis risk. Thirdly, the project reviews successes and failures of historic and current risk management instruments, both within EU Member States as well as in non-EU countries. The review is based on reported results in literature completed with up to date views from experts. Next, we deal with farmers perceptions. (New) risk management instruments may fail if there is little interest of farmers, for instance because they perceive risks to be small, believe governments to intervene, or just find the instrument too costly. The economic impact of prospective risk management instruments, both at farm level and in terms of budgetary consequences, is quantified with a risk-programming and a simulation model respectively. Given a synthesis of the project's results and a last fine-tuning in a closing workshop, the project concludes by providing the Commission with a list of viable risk management instruments, including recommendations for the design and implementation of such instruments.
Fields of science (EuroSciVoc)
- engineering and technology electrical engineering, electronic engineering, information engineering information engineering telecommunications telecommunications networks data networks
- social sciences sociology governance crisis management
- agricultural sciences agriculture, forestry, and fisheries agriculture
Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
FP6-2003-SSP-3
See other projects for this call
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Coordinator
WAGENINGEN
Netherlands
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.