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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

29499 ­ ­ 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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Gurban. Mirzayev

Azerbaijan State Agrarian University

   

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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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Lotanna. Emediegwu

Department of Economics, The University of Manchester, UK | Department of Agricultural Economics, University of Ilorin, Nigeria | Department of Economics, Policy and International Business, Manchester Metropolitan University, UK

   

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Fakhraddin. Aghayev

Vegetable Research Institute

   

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Gunel. Naghiyeva

Master of Azerbaijan State University of Economics (UNEC)

   

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Savalan. Seyfaddinov

Senior researcher at the Scientific Research Institute of Agriculture Ministry of Agriculture of the Republic of Azerbaijan

  Ph.D. in Agrarian Sciences  

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Ramil. Asgarov

Doctoral student of Azerbaijan State Agrarian University

   

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Najiba. Hajiyeva

Baku State University

  Doctor of Philosophy in Economics  

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Akram. Hasanzada

Ph.D. student of the Agricultural Research Center

   

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Talib. Huseynov

PhD student of the Agricultural Economics Research Center

   

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Narmin. Sattarova

Ph.D. student of the Odlar Yurdu University

   

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Ulker. Mammadova

Ph.D. student of the Azerbaijan Cooperation University

   

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Arastun. Jalilov

  Doctor of Philosophy in Economics  

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Emilya. Shukurova

диссертант Бакинского государственного университета

   

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Yegane. Abbasova

Azerbaijan State Agrarian University

  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