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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

12098 ­ ­ 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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Gulnar. Bashirova

Master of Azerbaijan State University of Economics (UNEC)

   

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Jahani. Nusretzade

Scientific Research Institute of Fruit-growing and Tea-growing

   

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Mushfiga. Mammadova

Agricultural Economics Research Center

  Ph.D., docent  

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Konul. Mamedova

Ph.D. student of the Agricultural Economics Research Center

   

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Ramil. Huseyn

Center for Economic Reforms and Communication

  Doctor of Economics  

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Rashad. Huseynov

Center for Analysis of Economic Reforms and Communication

  Doctor of Philosophy in Economics  

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Gulsum. Badirzade

Ph.D. student of the Azerbaijan Cooperation University

   

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Rashad. Ahmadov

Education Center of Tax Ministry of Azerbaijan Republic

   

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Aytekin. Huseynli

Ph.D. student of the Baku State University

   

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Saadat. Guliyeva

Azerbaijan Academy of Labor and Social Relations

  Doctor of Philosophy in Economics  

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Zakir. Guliyev

Baku Business University

  Doctor of Philosophy in Economics  

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Elnur. Alakbarov

Dissertant of the Agricultural Economics Research Center

   

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Ruhiyya. Gambarova

Azerbaijan State Agrarian University

  Doctor of Philosophy in Economics  

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Gurban. Mirzayev

Azerbaijan State Agrarian University

   

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Zakir. Guliyev

Baku Business University

  Doctor of Philosophy in Economics  

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Sevil. Maharramova

PhD student of the Scientific Research Institute of Agromechanics