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The role of the insurance mechanismin the sustainable development of agriculture

Chilenay Abishova Matlab

cilenay.mva@mail.ru

36195 ­ ­ AZ ­ ­ 34. October 2020 ­ ­­ ­ agricultural sector sustainable development insurance insurance mechanism risks.

 

UOT: 33. 336.2: 338.4

The comprehensive development of the agricultural sector is important as one of the main directions of increasing the reliability of the country's food security, diversifying the economy, expanding its export potential. In order to ensure sustainable development of the agricultural sector in the Republic of Azerbaijan, a new insurance mechanism was created, which regulates relations related to risk insurance through the joint insurance mechanism, and defines the legal, economic and organizational framework for agricultural insurance. The article compares previously used and new mechanisms and analyzes the changes made in the agricultural sector. 

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AUTHORS

 

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Yusif. Abayev

Ph.D. student of the İnstitute of Economics of ANAS

   

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Nneka. Osadolor

Department of Economics, University of Benin, Nigeria Department of Economics, University of Ibadan, Nigeria

   

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Manzar. Nasibova

Senior researcher

   

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Gulsum. Badirzade

Ph.D. student of the Azerbaijan Cooperation University

   

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Aygun. Huseynova

Baku State University

   

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Fariz. Suleymanov

Ph.D. student of the Azerbaijan State Agrarian University

   

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Isak. Hasanov

Head of Shamkir Support Point

   

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Najiba. Hajiyeva

Baku State University

  Doctor of Philosophy in Economics  

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Vugar. Mehdiyev

h.D., Associate Professor, V.M. Mehdiyev Azerbaijan University of Cooperation

  Ph.D., docent  

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Tural. Mammadzade

Ph.D. student of

   

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Konul. Mamedova

Ph.D. student of the Agricultural Economics Research Center

   

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Alamdar. Asgarov

Vegetable Research Institute

   

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Lala. Jabbarlı

Ph.D. student of the Agricultural Economics Research Center

   

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Sevil. Maharramova

PhD student of the Scientific Research Institute of Agromechanics

   

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Isak. Hasanov

Head of Shamkir Support Point

   

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Lotanna. Emediegwu

Department of Economics, The University of Manchester, UK | Department of Agricultural Economics, University of Ilorin, Nigeria | Department of Economics, Policy and International Business, Manchester Metropolitan University, UK