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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

14795 ­ ­ AZ ­ ­ 43. April 2023 ­ ­­ ­ agrarian field insurance risks index insurance index insurance application practices

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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Rena. Musayeva

Department of “Economic Regulation” of Azerbaijan State University of Economics (UNEC)

   

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Saadat. Hajiyeva

Agricultural Economics Research Center, Deputy director

   

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Ceyran. Babirova

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

   

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Elay. Zeynalli

Azerbaijan State Agrarian University

   

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Samir. Maharramov

Doctoral student of the Azerbaijan Tourism and Management University

   

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Aligulu. Mehdiyev

Ph.D. student of Baku Engineering University

   

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Ramil. Huseyn

Center for Economic Reforms and Communication

  Doctor of Economics  

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Isak. Hasanov

Head of Shamkir Support Point

   

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Izzat. Talibov

Chief consultant in Ministry of Agriculture of Azerbaijan Republic

   

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Gamar. Ibrahimova

Special Constructor Technology Bureau of the National Aerocosmic Agency

   

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Aydin. Asgarov

Institute of Genetic Resources of ANAS

   

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Aygun. Huseynova

Baku State University

   

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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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Vugar. Mehdiyev

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

  Ph.D., docent  

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Фамиль. Рустамов

Institute of Economics of the Ministry of Science and Education, "Economic problems of the agricultural sector" department

  Ph.D., docent  

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Yusif. Abayev

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