Munich Personal RePEc Archive

Mutual Funds and the Income Stabilization Tool in the EU: retrospect and prospects

Cordier, Jean and Santeramo, Fabio Gaetano (2018): Mutual Funds and the Income Stabilization Tool in the EU: retrospect and prospects. Forthcoming in: EuroChoices

[img] PDF
MPRA_paper_90542.pdf

Download (370kB)

Abstract

Higher frequency and intensity of extreme weather events strengthen the need for integrated risk management. EU Regulation No. 1305/2013 allows subsidies for insurance instruments, for mutual funds compensating production losses, and for mutual funds to compensate for income losses. The EU toolkit in this respect has been largely underutilized, and an integrated EU policy for risk management has not been developed. The existing EU technical documents explaining the content and details do not provide clear explanations and interpretation of the current regulations and so more efficient guidelines for Mutual Funds and sectoral Income Stabilization Tools should be developed. This could be facilitated by establishing a platform for public consultation, knowledge sharing and learning which would include stakeholders, farmer unions’ representatives and academics, to help the process of building shared experiences or even common benchmarks. The platform would be part of a dissemination and innovation effort to capitalize knowledge in a learning curve and would act as a catalyst for the implementation of MFs and ISTs.

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.