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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

25816 ­ ­ 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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Tahmina. Safarli

Ph.D. student of the Baku State University

   

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Tarlan. Gorchiyeva

PhD student of the Agricultural Economics Research Center

   

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Sarvan. Jafarov

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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Vusala. Nagiyeva

Azerbaijan Cooperation University

  Ph.D., docent  

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Isak. Hasanov

Head of Shamkir Support Point

   

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Sabina. Valiyeva

Doctoral student of the Agro Researches Center

  Ph.D., docent  

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Elnur. Alakbarov

Dissertant of the Agricultural Economics Research Center

   

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Fuad. Ibrahimov

Economic issues expert of the Center for Socio-Economic and Ecological Research Public Union

  Doctor of Philosophy in Economics  

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Vugar. Mehdiyev

h.D., Associate Professor, V.M. Mehdiyev Azerbaijan University of Cooperation

  Ph.D., docent  

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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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Samir. Maharramov

Doctoral student of Azerbaijan Tourism and Management University

   

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Mushfiq. Tukanov

Ph.D. student of the Agricultural Research Center

   

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Zakir. Guliyev

Baku Business University

  Doctor of Philosophy in Economics  

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Galib. Sharifov

Head of the Department of Quality Management of "Agro Procurement and Supply" OJSC, ISO standards expert

  Doctor of Philosophy in Economics  

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Gulnara. Jafarova

Agricultural Economics Research Center, leading specialist

  Doctor of Philosophy in Economics