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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

12079 ­ ­ 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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Sevil. Maharramova

PhD student of the Scientific Research Institute of Agromechanics

   

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Ruhiyya. Gambarova

Azerbaijan State Agrarian University

  Doctor of Philosophy in Economics  

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Natig. Mirzayev

Lankaran State University

   

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Gulnar. Bashirova

Master of Azerbaijan State University of Economics (UNEC)

   

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Okiemua. Okoror

Department of Economics, University of Benin, Nigeria | Department of Economics, University of Reading, UK

   

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Akif. Valiyev

Agricultural Economics Research Center

  Doctor of Economics  

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Esmira. Latifova

Director Adviser, Agricultural Economics Research Center

   

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Rasul. Balayev

Azerbaijan State University of Economics, professor

  prof, dr  

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Parviz. Aliyev

Chief of department, Agricultural Research Center
Ph.D. student of the Agricultural Research Center

   

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Натиг. Гаджиев

Doctor of Science Program of Agricultural Research Center

  Ph.D., docent  

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Konul. Mamedova

Ph.D. student of the Agricultural Economics Research Center

   

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Ramina. Mustafayeva

Azerbaijan State Agrarian University

  Ph.D., docent  

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Tamraz. Tamrazov

Vegetable Research Institute

   

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Yusif. Abayev

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

   

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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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Nizami. Gafarov

Doctor of Science Program of Agro Researches Center

  Ph.D., docent