Agriculture is an important but high-risk sector due to dependency on weather and climate. Farmers in Asia must cope with severe droughts, floods, typhoons, frosts/freezes, and other ventualities that are increasing with climate change. Previously, agricultural insurance was mostly considered as a measure to cope with damage or loss when crops, plantations, livestock, and fisheries […]
Promoting behavioral change is one of the central goals of regulation. According to an OECD report (2017), setting the “rules of the game” through behavioral change approaches promotes the competitive functioning of the economy while protecting citizens, the environment, and society. From the experiences of policymakers and regulators, the application and use of BIs allow […]
Agriculture 4.0, also known as smart farming, is a management concept to efficiently increase the quantity and quality of agricultural output by using advanced technologies including machines and IT devices such as sensors, drones, robots, GPS, AI, and the Internet of Things. These technologies enable farmers to monitor fields precisely, make timely decisions and take […]
Regulation is a key factor to promote sustainable, inclusive economic growth, social welfare, and environmental protection. Regulatory policy touches every sector of the economy and affects the dayto-day activities of businesses and citizens. For this reason, ensuring that regulatory practice is transparent, accountable, efficient, and effective is a top priority for any government. However, regulatory […]