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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

29900 ­ ­ 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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Firidun. Taghiyev

Head of department of Ministry of Agriculture of Azerbaijan Republic

   

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Tahmina. Safarli

Ph.D. student of the Baku State University

   

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Yusif. Humbatov

Azerbaijan University of Technology

   

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Anar. Abbasov

Azerbaijan University of Cooperation

  prof, dr  

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Fariz. Suleymanov

Ph.D. student of the Azerbaijan State Agrarian University

   

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Sevil. Maharramova

PhD student of the Scientific Research Institute of Agromechanics

   

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Gulnar. Bashirova

Master of Azerbaijan State University of Economics (UNEC)

   

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Jubril. Animashaun

Department of Economics, The University of Manchester, UK / Department of Agricultural Economics, University of Ilorin, Nigeria

   

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Anar. Bayramov

Ph.D. student of the Agricultural Research Center

   

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Vusala. Babayeva

Doctor of Science Program of Agricultural Economics Research Center

  Doctor of Philosophy in Economics  

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Abbas. Safarov

Ph.D. student of the Agricultural Research Center

   

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Maharram. Huseynov

Azerbaijan State Agricultural University

  prof, dr  

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Bagish. Ahmadov

Deputy Director of the Agricultural Economics Research Center

  Doctor of Philosophy in Economics  

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Aygun. Huseynova

Baku State University

   

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Maarif. Yusiphov

Vegetable Research Institute

   

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Kenan. Mammadov

Associate Professor, Azerbaijan Technical University

  Doctor of Philosophy in Economics