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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

24212 ­ ­ AZ ­ ­ 43. April 2023 ­ ­­ ­ agrarian field insurance risks index insurance index insurance application practices

 

UOT: 338.43, 338.434: 368.5

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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Ceyran. Babirova

Ph.D. student Azerbaijan State University of Economics (UNEC)

   

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Jubril. Animashaun

Department of Economics, The University of Manchester, UK / Department of Agricultural Economics, University of Ilorin, Nigeria

   

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Alizamin. Guliyev

Ph.D. candidate of the Azerbaijan Technical University

   

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Fakhraddin. Aghayev

Vegetable Research Institute

   

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Tahmina. Safarli

Ph.D. student of the Baku State University

   

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Kamala. Sadygova

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

  researcher  

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Bagish. Ahmadov

Deputy Director of the Agricultural Economics Research Center

  Doctor of Philosophy in Economics  

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Zakir. Guliyev

Baku Business University

  Doctor of Philosophy in Economics  

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Aligulu. Mehdiyev

Ph.D. student of Baku Engineering University

   

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Abdulrahim. Dadashov

Ph.D. candidate of UNEC, Agricultural Economics Research Center

   

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Leyla. Hajiyeva

Ph.D. student of the Agricultural Economics Research Center

   

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Azer. Gurbanzadeh

Azerbaijan Cooperation University

  Ph.D., docent  

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Emin. Ahmedzadeh

Doctoral student of the Agricultural Research Center

  Doctor of Philosophy in Economics  

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Islam. Ibrahimov

Baku Business University

  prof, dr  

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Abbas. Safarov

Ph.D. student of the Agricultural Research Center

   

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Aygul. Salimova

PhD student of the Agricultural Economics Research Center