Commentary on Hans Binswanger-Mkhize's symposium on "India 1960-2010: Structural change, the rural non-farm sector and the prospects for agriculture". The symposium is part of a 2-year, 12-lecture series on Global Food Policy and Food Security.

Commentary on Hans Binswanger-Mkhize's symposium on "India 1960-2010: Structural change, the rural non-farm sector and the prospects for agriculture". The symposium is part of a 2-year, 12-lecture series on Global Food Policy and Food Security.

Eleven talented Stanford seniors have completed the Undergraduate Senior Honors Program at the Center on Democracy, Development, and the Rule of Law (CDDRL) to graduate with honors in democracy, development, and the rule of law. Completing their theses on issues of global importance ranging from the impact of technology on government openness to the effectiveness of democratic governance projects, CDDRL honors students have contributed original research and analysis to policy-relevant topics. They will graduate from Stanford University on June 17.

Over the course of the year-long program, students worked in consultation with CDDRL affiliated faculty members and attended honors research workshops to develop their thesis project. Many traveled abroad to collect data, conduct interviews, and to spend time in the country they were researching. Collectively, their topics documented some of the most pressing issues impacting democracy today in China, Sudan, Greece, Zimbabwe, Ghana, Latin America, and beyond.  

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After graduation, several honors students will leave Stanford to pursue careers at McKinsey & Company consulting group, serve as war crime monitors in Cambodia, work at a brand and marketing consultancy in San Francisco, conduct data analysis at a Palo Alto-based technology firm, work at a Boston-based international development finance startup using targeted investment for poverty alleviation, and conduct research in the political science field. The rest will be pursuing advanced and co-terminal degrees at Columbia Journalism School, the University of Chicago, and Stanford University.

A list of the 2012 graduating class of CDDRL Undergraduate Honors students, their theses advisors, and a link to their theses can be found here:

Ross Feehan has written a very interdisciplinary thesis, spanning the fields of aquaculture production, climate, risk analysis, and ethics. As an Earth Systems major with a strong concentration in religious studies, Ross worked hard to bridge his interests in a piece of work that is relevant to smallholder producers and policymakers in China and in other producing countries. Ross’ thesis is well-written, well-documented, and firmly grounded in several core disciplines of Earth Systems.

Ross analyzed the role of index insurance for extreme weather impacts on aquaculture production in great detail. He used the science to develop a statistical method for evaluating risk and insurance market behavior. He also devoted much effort to designing an ethical approach that incorporated values that he could understand and assess in the context of insurance schemes. His attempt to integrate two major fields of interest from his undergraduate and co-term training at Stanford is laudable. Feehan was advised by FSE director Rosamond L. Naylor.

Thesis abstract

China’s aquaculture industry, which is the largest in the world, is predominantly uninsured. Aquaculture insurance in China remains to be nascent despite previous and ongoing efforts to insure farmers against diseases, natural hazards, and other threats. This study assesses the opportunity for insurance development in China and suggests an aquaculture insurance solution for Hainan Province using quantitative and qualitative analyses. An index insurance program in Hainan Province could utilize typhoon and rainfall measures as proxies for the damages that aquaculture farmers experience. This program could insure farmers across Hainan, though calculations of risk reveal that some of Hainan’s administrative regions are more perilous than others. Risk in Hainan will increase as climate change intensifies. Now, and in the future, aquaculture insurance should assume a greater role in Hainan’s management of natural hazard risk only if insurance and its provisioning abide by both practical and ethical criteria that, inter alia, uphold the value of all creation.