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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

24218 ­ ­ 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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Islam. Ibrahimov

Baku Business University

  prof, dr  

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Vahid. Abbasov

Head of the Department of Economics, Baku State University

  prof, dr  

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Akram. Hasanzada

Ph.D. student of the Agricultural Research Center

   

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Hamza. Khalilov

Agricultural Economics Research Center, Advisor to the director

  prof, dr  

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Bahruz. Nuriyev

Chief consultant in Ministry of Agriculture of Azerbaijan Republic

   

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Ibrahim. Jafarov

Azerbaijan State Agricultural University

  Corresponding member of ANAS, prof  

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Rovshan. Guliyev

Azerbaijan State Economic University (UNEC)

  prof, dr  

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Teymur. Nagibeyli

Ph.D. student of the Agricultural Economics Research Center

   

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Azer. Gurbanzadeh

Azerbaijan Cooperation University

  Ph.D., docent  

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Israfil. Ismayilov

Member of the Russian Academy of Natural Sciences

  Prof. Dr.  

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Ruhiyya. Mammadrzayeva

Research Institute of Plant Protection and Technical Plants

   

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Nneka. Osadolor

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

   

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Umkhanim. Agakishiyeva

Teacher of Azerbaijan University of Architecture and Construction

   

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Nurangiz. Mikayilova

Doctoral student of the Agricultural Research Center

  Ph.D., docent  

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Boyukxanum. Abdulkarim

Baku State University