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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

34446 ­ ­ 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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Ismayil. Kheyirkhabarov

Azerbaijan State University of Economics (UNEC)

  Ph.D., docent  

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Hagar. Namazova

Ph.D. candidate of the Azerbaijan State Economic University (UNEC)

   

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Ramil. Aliyev

Ph.D. student of the Agricultural Research Center

   

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Sabuhi. Eldarov

Research Institute of Plant Protection and Technical Plants

   

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Расим. Алиев

Chief economist, Scientific Research Institute of Agriculture

  Doctor of Philosophy in Economics  

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Vahid. Amrahov

Azerbaijan State Agricultural University

  Ph.D., docent  

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Ceyran. Babirova

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

   

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Turana. Mustafayeva

Ph.D. student of Western Caspian University

   

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Novruz. Rahimov

Ph.D. student of the Azerbaijan Cooperation University

   

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Rafiz. Ismayilli

student of the Agricultural Economics Research Center

   

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Hijran. Mirzayeva

Head of the Department of the Azerbaijan Academy of Labor and Social Relations

  Doctor of Philosophy in Economics  

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Fariz. Suleymanov

Ph.D. student of the Azerbaijan State Agrarian University

   

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Turaj. Musayev

Agricultural Economics Research Center, leading specialist

   

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Javahir. Allahverdiyeva

Azerbaijan State Agrarian University

  senior lecturer  

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Najiba. Hajiyeva

Baku State University

  Doctor of Philosophy in Economics  

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Alizamin. Guliyev

Azerbaijan Technical University, Ph.D.