Research On Management Tools Innovation Of Agriculture Catastrophic Risks In Our Country

As the foundation of the national economy in our country, agriculture is a weak industry with high risk. The agricultural production are often assaulted by the catastrophe risk, because of many factors. This kind of agricultural catastrophe risks are not only widely, and hard to predict, causing huge the economic loss. It is necessary to innovate the agricultural catastrophe risk management tools.This paper take the agricultural catastrophe risk management tool innovation as the research object, with the market failure theory, welfare economics theory, new system theory, comparative institutional analysis theory for theory support. Analysis the problems existing in the agriculture catastrophe risk management in our country: lacking of relevant laws and regulations; farmers’ risk management and buying insurance to protect themselves is not strong; reinsurance scattered mechanism is not fully; agricultural catastrophe insurance fund is not perfect; new agricultural catastrophe risk management tools are not used insufficiently, and so on. Taking the example of the agricultural catastrophe risk management tools of America, Canada, Japan, sum up the enlightenment for innovation of catastrophe risk management tools in the our country. Based on this, puts forward the agriculture huge disaster risk management tool innovation idea:use of agricultural insurance reinsurance scattered agricultural catastrophe risk, improve agricultural catastrophe insurance fund, and use of the securitization of catastrophe risk scattered agricultural catastrophe risk, development of weather index insurance scattered agricultural catastrophe risk, and to construct the new agriculture huge disaster risk management tools operation environment protection.