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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

26715 ­ ­ 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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Vagif.

Center for Local Economic Reforms

  Ph.D., docent  

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Gulnara. Salimova

Senior Researcher of the Research Institute for Economic Reforms

   

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Samir. Akhmedov

Ph.D. student of the Agricultural Economics Research Center

   

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Tahmasib. Huseynov

Azerbaijan State University of Economics (UNEC)

  Doctor of Philosophy in Economics  

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Vahid. Abbasov

Head of the Department of Economics, Baku State University

  prof, dr  

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Arastun. Jalilov

  Doctor of Philosophy in Economics  

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Konul. Mamedova

Ph.D. student of the Agricultural Economics Research Center

   

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Sabuhi. Eldarov

Research Institute of Plant Protection and Technical Plants

   

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Shovkat. Yusufova

Azerbaijan Cooperation University

  Ph.D., docent  

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Anar. Azimov

The Agrarian Services Agency at the Ministry of Agriculture of the Republic of Azerbaijan

   

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Turana. Mustafayeva

Ph.D. student of Western Caspian University

   

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Tamraz. Temrazov

Vegetable Research Institute

   

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Nizami. Gafarov

Doctor of Science Program of Agro Researches Center

  Ph.D., docent  

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Abbas. Safarov

Ph.D. student of the Agricultural Research Center

   

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Orkhan. Balayev

Education Center of Tax Ministry of Azerbaijan Republic

   

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Teymur. Nagibeyli

Ph.D. student of the Agricultural Economics Research Center