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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

22768 ­ ­ 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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Vusala. Babayeva

Doctor of Science Program of Agricultural Economics Research Center

  Doctor of Philosophy in Economics  

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Gulnara. Jafarova

Agricultural Economics Research Center, leading specialist

  Doctor of Philosophy in Economics  

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Aygun. Huseynova

Baku State University

   

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Isak. Hasanov

Head of Shamkir Support Point

   

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. Shahla

Baku State University

   

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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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Jubril. Animashaun

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

   

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Islam. Ibrahimov

Baku Business University

  prof, dr  

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Ibrahim. Jafarov

Azerbaijan State Agricultural University

  Corresponding member of ANAS, prof  

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Najiba. Hajiyeva

Baku State University

  Doctor of Philosophy in Economics  

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Jahani. Nusretzade

Scientific Research Institute of Fruit-growing and Tea-growing

   

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Rafiz. Ismayilli

student of the Agricultural Economics Research Center

   

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Fakhraddin. Aghayev

Vegetable Research Institute

   

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Turan. Ahmadli

Special Constructor Technology Bureau of the National Aerocosmic Agency

   

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Ayaz. Museyibov

Center for Analysis of Economic Reforms and Communication

   

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Akram. Hasanzada

Ph.D. student of the Agricultural Research Center