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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

35342 ­ ­ 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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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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Gurban. Mirzayev

Azerbaijan State Agrarian University

   

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Turana. Mustafayeva

Ph.D. student of Western Caspian University

   

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Khayala. Guliyeva

Ph.D. student of the Agricultural Research Center

   

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Arshad. Yashar

Head of land identification and geographical data sector of the Land use Control Department of the Ministry of Agriculture of the Republic of Azerbaijan

   

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Okiemua. Okoror

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

   

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Nneka. Osadolor

Department of Economics, University of Benin, Nigeria Department of Economics, University of Ibadan, Nigeria

   

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Aygun. Shirin

Ph.D. student of the Agricultural Research Center Azerbaijan Technical University

   

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Shamil. Rajabov

Special Constructor Technology Bureau of the National Aerocosmic Agency

   

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Zaur. Asadov

Azerbaijan State Oil and Industrial University

  Doctor of Philosophy in Economics  

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Teymur. Nagibeyli

Ph.D. student of the Agricultural Economics Research Center

   

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Murad. Hajiyev

Ph.D. student of the Agricultural Research Center

   

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Ulviyya. Rasulova

Azerbaijan State University of Economics (UNEC)

   

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Ramil. Aliyev

Ph.D. student of the Agricultural Research Center

   

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Gamar. Ibrahimova

Special Constructor Technology Bureau of the National Aerocosmic Agency

   

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Aytekin. Huseynova

Ph.D. student of Azerbaijan Cooperation University