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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

12037 ­ ­ 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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Akif. Aghbabali

Baku State University

   

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Agshin. Huseynzade

Master of Azerbaijan State University of Economics (UNEC)

   

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Abdulrahim. Dadashov

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

   

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Bagish. Ahmadov

Deputy Director of the Agricultural Economics Research Center

  Doctor of Philosophy in Economics  

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Turan. Hajiyeva

Specialist of the Agricultural Research Center

   

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Vahid. Amrahov

Azerbaijan State Agricultural University

  Ph.D., docent  

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Vahid. Abbasov

Head of the Department of Economics, Baku State University

  prof, dr  

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Gulsum. Badirzade

Ph.D. student of the Azerbaijan Cooperation University

   

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Galib. Sharifov

Member of the working group on the implementation of ISO standards of the Ministry of Agriculture of the Republic of Azerbaijan

  Doctor of Philosophy in Economics  

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Nneka. Osadolor

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

   

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Yusif. Humbatov

Azerbaijan University of Technology

   

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Ramil. Asgarov

Doctoral student of Azerbaijan State Agrarian University

   

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Ismayil. Kheyirkhabarov

Azerbaijan State University of Economics (UNEC)

  Ph.D., docent  

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Gulnara. Jafarova

Agricultural Economics Research Center, leading specialist

  Doctor of Philosophy in Economics  

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Nazrin. Ramazanova

Master of Azerbaijan State University of Economics (UNEC)

   

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Tarlan. Gorchiyeva

PhD student of the Agricultural Economics Research Center