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S2 Ep19: Better seeds or better insurance?

VoxDev Development Economics

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The Droughteran Gin and Index Insurance - Two Great Ideas

The drought tolerance of the seeds reduces the cost of insurance, while the insurance reduces the risk of adopting the seeds themselves. When farmers are comfortable that they can get payouts when something catast happens, they are more comfortable investing in seeds and fertilizers. That aspect allows them to invest with confidence. The two technologies expand each other's benefits.

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