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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

32505 ­ ­ 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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Savalan. Seyfaddinov

Senior researcher at the Scientific Research Institute of Agriculture Ministry of Agriculture of the Republic of Azerbaijan

  Ph.D. in Agrarian Sciences  

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Emilya. Shukurova

диссертант Бакинского государственного университета

   

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Faig. Huseynov

Azerbaijan State University of Economics (UNEC)

   

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Gunel. Naghiyeva

Master of Azerbaijan State University of Economics (UNEC)

   

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Nneka. Osadolor

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

   

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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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Anar. Azimov

Azerbaijan Food Safety Agency, Head of the International Relations Department

   

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Najiba. Hajiyeva

Baku State University

  Doctor of Philosophy in Economics  

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Azer. Gurbanzadeh

Azerbaijan Cooperation University

  Ph.D., docent  

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Ulviyya. Rasulova

Azerbaijan State University of Economics (UNEC)

   

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Khayyam. Javadzadeh

Azerbaijan State University of Economics, UNEC

  Ph.D., docent  

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Nigar. Gasimova

Agricultural Research Center, senior specialist

   

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Sevil. Maharramova

PhD student of the Scientific Research Institute of Agromechanics

   

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Sadi. Ismayilov

Assistant director of Beylagan RASIC

  Doctor of Philosophy in Economics  

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Faiq. Gasimli

PhD student of the Agricultural Economics Research Center

   

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Nijat. Muradov

Ph.D. student of the Institute of Economics, Ministry of Science and Education of the Republic of Azerbaijan