visiting professor, tohoku university, sendai, japan. professor, institute of agricultural...

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Food-chain and Risk Management information by Hrabrin Bachev Visiting Professor, Tohoku University, Sendai, Japan. Professor, Institute of Agricultural Economics, Sofia, Bulgaria. Tel: (3592) 9710014, Fax: (3592) 9713913 E-mail: [email protected]

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Food-chain and Risk Management information by Hrabrin BachevVisiting Professor, Tohoku University, Sendai, Japan.

Professor, Institute of Agricultural Economics,

Sofia, Bulgaria.Tel: (3592) 9710014, Fax: (3592) 9713913

E-mail: [email protected]

Researcher and teaching at University of Missouri, Columbia, USA; University of Toronto, Toronto, Canada; Kyoto University, Kyoto, Japan; Tohoku University, Sendai, Japan; Kyushu University, Fukuoka, Japan, National Agriculture Research Center, Tsukuba, Japan; Birkbeck College of London University, London, United Kingdom; Catholic University of Louvain, Leuvain-la-Neuve, Belgium; INRA, Montpellier, France; Central European University, Budapest, Hungary. More than 250 academic papers, contributions to books and books in 34 countries of Europe, North America and Asia. Incorporating the new developing interdisciplinary New Institutional and Transaction Cost Economics (combining Economics, Organization, Law, Sociology, Political and Behavioral Sciences) into agrarian and food sector to analyze diverse modes of governance (market, private, public, hybrid, formal, informal, local, regional, transnational), and factors and prospects of institutional and organizational modernization in agri-food sector. Recent research focusing on governance and assessment of agrarian and rural sustainability; analysis of agrarian and rural institutions, organizations and contracts; environmental and risk governance, food security and food chain management; assessment of impacts of EU and national policies and programs; management and agrarian research and innovation, etc. Extensive consultancy and contribution to a great number of policy assistance projects carried out by the Government, UN FAO, EU, OECD, NATO, WB, IIED etc. Co-founder, and the first Executive Secretary and Vice-President of the Bulgarian Association of Agricultural Economists, MC member of COST IS1001 Bio-objects, and a member of the European Association of Agricultural Economists, and International Association of Agricultural Economics.

Hrabrin Bachev biography

New Institutional and Transaction Costs Economics Institutions, Organizations and Contracts Analysis

and Design Policies and Programs Assessment and Design Environmental Management Food-chain and Risk Management Policy and Management of Research and

Innovation Governing and Assessment of Sustainable

Development Governance of Socio-Economic Development and

Transformation

Hrabrin Bachev Research Interest

Bachev H. (2008). Management of Environmental Challenges and Sustainability of Bulgarian Agriculture, in Environmental Challenges and Human Security: Recognizing and Acting on Hazard Impacts, editors P.Liota, D.Mouat, W.Kepner, and J.Lancaster, Springer, The Netherlands, 117-142.

H.Bachev (2008). Structures for Organization of Agrarian Innovations, in a number of economic journals, Social Science Research Network, EconResearch, and IDEAS.

Bachev H. and T.Nanseki (2008). Risk Governance in Bulgarian Dairy Farming, Proceedings 12th Congress, European Association of Agricultural Economists "People, Food and Environments - Global Trends and European Strategies", 26-29 August 2008, Ghent.

Bachev H. (2008). Integration of Dairy Farms in the Supply Chain in Bulgaria, Socitey and Economy, 30 (2008) 1, Journal of Corvinus University of Budapest, 93-109.

Bachev H. and I. Manolov (2008). Inclusion of Small-scale Dairy Farms in Supply Chain in Bulgaria, In Restructuring market relations in food and agriculture of Central and Eastern Europe - Impacts upon small farmers. C. Csaki, C. Forgacs, D. Milczarek, J. Wilkin (Editors), Agroinform, Budapest, 165-205.

Bachev H. and T.Nanseki (2008). Environmental Management in Bulgarian Agriculture - Risks, Modes, Major Challenges, Journal of the Faculty of Agriculture of Kyushu University No 53(1), 363-373.

Bachev H. (2007). National Policies Related to Farming Structures and Sustainability in Bulgaria, in Sustainability of the Farming Systems: Global Issues, Modelling Approaches and Policy Implications, eds A. Cristoiu, T.Ratinger, S. Gomez y Paloma, EU JRC IPTS, Seville, 177-196.

Bachev H. (2007). Governing of Agrarian Sustainability, ICFAI Journal of Environmental Law, ICFAI University, Vol.VI, No 2, 7-25.

Ray C., J. Janowiak, and H.Bachev (2007). Economic and Environmental Impact Assessment of Proposed Bark-Free Requirements for Wooden Pallets in International Trade, The Journal of Forest Products Business Research, Vol.4, article 6.

Bachev H. and M.Kagatsume (2006). Assessment of Farm Support Policies and Likely Impact of CAP Implementation on Farm Structures and Sustainability in Bulgaria, The Natural Resource Economics Review No 11, Kyoto University, 173-192.

Hrabrin Bachev publications

Bachev H. (2006). Governing of Bulgarian Farms - Modes, Efficiency, Impact of EU Accession, in Agriculture in the Face of Changing Markets, Institutions and Policies: Challenges and Strategies, editors J.Curtiss, A.Balmann, K.Dautzenberg and K.Happe, IAMO, Halle, 133-149.

Bachev H. (2005). Assessment of Sustainability of Bulgarian Farms, Proceedings XIth Congress of the EAAE "The Future of Rural Europe in the Global Agri-Food System", Copenhagen, Denmark, August 24-27, 2005.

Bachev H. and A.Peeters (2005). Framework for Assessing Sustainability of Farms, in Farm Management and Rural Planning No 6, Kyushu University, Fukuoka, 221-239.

Sauvenier X., J. Valekx, N., H.Bachev. E. Mathijs, and A.Peeters (2005). Framework for Assessing Sustainability Levels in Belgium Agricultural Systems - SAFE, Brussels: Belgium Science Policy.

Bachev H. (2004). Approaches to Farm/Household Income Diversification for Improved Livelihood In Bulgaria, in Farm Commercialisation and Income Diversification of the Road to EU Accession, edited by S.Tanic and T. Lonc, FAO, Rome, 85-109

Bachev H. (2004). Efficiency of Agrarian Organizations, in Farm Management and Rural Planning No 5, Kyushu University, Fukuoka, 135-150.

Bachev H. and M.Kagatsume (2004). Governing of Land Supply in Bulgarian Farms, The Natural Resource Economics Review, No 10, Kyoto University, Kyoto, 71-94.

Bachev H. and M.Kagatsume (2003). Governing of Marketing in Bulgarian Farms, The Natural Resource Economics Review, No 9, Kyoto University, Kyoto 55-69.

Bachev H. (2003). Study on Labor Supply in Bulgarian Farms, in Farm Management and Rural Planning No 4, Kyushu University, Fukuoka, 129-145.

Bachev H. and M.Kagatsume (2002). Governing of Financial Supply in Bulgarian Farms, The Natural Resource Economics Review, No 8, Kyoto University, Kyoto, 131-150.

Bachev H. (2000). Transformation of Farm Structures; and Research and Infrastructural Policy, in Review of Agricultural Policies in Bulgaria, OECD, Paris & Sofia, 71-80, 135-143.

Bachev H. and M.Labonne (2003). About Organization of Agrarian Innovations, INRA, Montpellier. Bachev H. (2000). Economics of Agrarian Institutions, Agricultural Economics and Management No 3,

16-31. Bachev H. (2000). Bulgarian Experience in Transformation of Farm Structures, in Farm Management

and Rural Planning No 1, Kyushu University, Fukuoka, 181-196. Morrison T. and H. Bachev (2000). Country Experiences in Adjustment of Farm Structures: Bulgaria, in

Structural Change in the Farming Sectors in Central and Eastern Europe, eds C. Chaki and Z. Lerman, FAO - World Bank, Washington DC. 1-13

The process of identification, analysis and either acceptance or mitigation of uncertainty in investment decision-making. Essentially, risk management occurs anytime an investor or fund manager analyzes and attempts to quantify the potential for losses in an investment and then takes the appropriate action (or inaction) given their investment objectives and risk tolerance.

Risk Management

Risk Management aims to facilitate the exchange of information and expertise across countries and across disciplines. Its purpose is to generate ideas and promote good practice for those involved in the business of managing risk. All too often assessments of risk are crudely made and the consequences of getting things wrong can be serious, including lost opportunities, loss of business, loss of reputation and even life. 

Aim & Scope

Risk Identification Risk Appraisal Risk Management Focus of downside of risk Exploit Opportunities arising from risks

Role of Risk Management

Enterprise Risk Management Operational Risk Management Financial Risk Management Market Risk Management Credit Risk Management Quantitative Risk Management Bank Risk Management Non-profit Risk Management Currency Risk Management Project Risk Management Integrated Risk Management

Types of Risk Management

RISK MANAGEMENT PROCESS (RMP)

DEFINE

FOCUS

IDENTIFY

STRUCTURE

OWNERSHIP

ESTIMATE

EVALUATE

PLAN

MANAGE

Association of Project Managers (APM)Project Risk Analysis and Management (PRAM)