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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

33055 ­ ­ 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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Rasul. Balayev

Azerbaijan State University of Economics, professor

  prof, dr  

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Konul. Mamedova

Ph.D. student of the Agricultural Economics Research Center

   

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Faig. Huseynov

Azerbaijan State University of Economics (UNEC)

   

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Izzat. Talibov

Chief consultant in Ministry of Agriculture of Azerbaijan Republic

   

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Eljan. Abbasov

Ph.D. student of Azerbaijan State Agrarian University

   

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Vahid. Abbasov

Head of the Department of Economics, Baku State University

  prof, dr  

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Ayaz. Museyibov

Center for Analysis of Economic Reforms and Communication

   

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Samir. Agayev

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

   

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Andriy. Popovych

Instytut Ekonomiki Rolnictwa i Gospodarki Żywnościowej, Warszawa, Polska / Agricultural and Food Economics State Research Institute, Warsaw, Poland

  Ph.D.  

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Irada. Huseynova

Vice-president of Azerbaijan National Academy of Sciences Director of the Institute of Molecular Biology and Biotechnology, ANAS

  academician  

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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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Teymur. Nagibeyli

Ph.D. student of the Agricultural Economics Research Center

   

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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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Gabil. Kazimov

Research Institute of Crop Husbandry

   

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Abdulrahim. Dadashov

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

   

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Yusif. Abayev

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