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Index insurance in the agricultural field: a view of world experience and implementation possibilities in Azerbaijan

Khaliq Ghafarli Abulfaz

kgafarli2018@ada.edu.az

20758 ­ ­ AZ ­ ­ 43. April 2023 ­ ­­ ­ agrarian field insurance risks index insurance index insurance application practices

The article examines the essence of agrarian insurance, its working mechanisms and its application in different countries of the world. Special attention is paid to issues related to index insurance in agriculture. The features and directions of application of indexed insurance are explained. The practices of applying indexed insurance are analyzed. Assessments are being made regarding the possibilities of applying indexed agricultural insurance in Azerbaijan.

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AUTHORS

 

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Idris. Hojatov

Ministry of Science and Education of the Republic of Azerbaijan, Institute of Dendrology

  junior researcher  

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Ramil. Huseyn

Center for Economic Reforms and Communication

  Doctor of Economics  

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Sabuhi. Eldarov

Research Institute of Plant Protection and Technical Plants

   

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Elchin. Khalilov

Research Institute of Plant Protection and Technical Plants

   

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Jalal. Safarov

Ph.D. student of the Agricultural Research Center

   

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Elchin. Salahov

Azerbaijan State Agricultural University

  Doctor of Philosophy in Economics  

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Boyukxanum. Abdulkarim

Baku State University

   

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Yusif. Humbatov

Azerbaijan University of Technology

   

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Farman. Karimov

Research Institute of Plant Protection and Technical Plants

   

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Galib. Sharifov

Head of the Department of Quality Management of "Agro Procurement and Supply" OJSC, ISO standards expert

  Doctor of Philosophy in Economics  

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Ramil. Asgarov

Doctoral student of Azerbaijan State Agrarian University

   

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Naila. Aliyeva

Associate professor of the Azerbaijan State Economic University (UNEC) Doctoral student of the Agro Researches Center

  Doctor of Philosophy in Economics  

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Okiemua. Okoror

Department of Economics, University of Benin, Nigeria | Department of Economics, University of Reading, UK

   

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Rashad. Huseynov

Agricultural Research Center, director

  Doctor of Philosophy in Economics  

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Agshin. Huseynzade

Master of Azerbaijan State University of Economics (UNEC)

   

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Sabina. Valiyeva

Doctoral student of the Agro Researches Center

  Ph.D., docent