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Economist helps devise livestock insurance for drought-stricken Africa

A livestock carcass in Marsabit ,Northern Kenya, which has suffered prolonged drought. Credit: Neil Palmer (CIAT)

Herdsmen in drought-stricken Kenya have received their first payments from an innovative livestock insurance program designed with the help of Michael Carter, a professor of agricultural and resource economics.

The program, intended to prevent livestock producers from falling into indigence and food-aid dependence, could be a model for improving food security in other areas of the world.

Read more…. UC Davis Friday update, 18 Nov 2011

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