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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

34108 ­ ­ 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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. Shahla

Baku State University

   

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Yusif. Abayev

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

   

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Fariz. Suleymanov

Ph.D. student of the Azerbaijan State Agrarian University

   

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Yusif. Akhundov

Ph.D. student of the Agricultural Research Center

   

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Esmira. Latifova

Director Adviser, Agricultural Economics Research Center

   

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Galib. Hajiyev

Department of “Economy of enterprise” of Azerbaijan State University of Economics (UNEC)

  Ph.D., docent  

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Nurida. Gasimova

Ph.D. student of Azerbaijan University of Cooperation

   

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Heydar. Agayev

Ph.D. student of the Azerbaijan Cooperation University

   

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Namig. Shalbuzov

Deputy Director of the Agricultural Economics Research Center

  Doctor of Philosophy in Economics  

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Abrehet. Mehari

Lecturer in Ethiopia Civil Service University, Ethiopia, Addis Ababa; Ph.D. candidate in Azerbaijan State University of Economics

   

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Javahir. Allahverdiyeva

Azerbaijan State Agrarian University

  senior lecturer  

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Akram. Hasanzada

Ph.D. student of the Agricultural Research Center

   

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Kenan. Mammadov

Associate Professor, Azerbaijan Technical University

  Doctor of Philosophy in Economics  

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Fuad. Ibrahimov

Economic issues expert of the Center for Socio-Economic and Ecological Research Public Union

  Doctor of Philosophy in Economics  

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Firdovsi. Fikratzade

Doctoral student at the Institute for Scientific Research on Economic Reforms

  Doctor of Philosophy in Economics  

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Anar. Bayramov

Ph.D. student of the Agricultural Research Center