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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

33292 ­ ­ 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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Galib. Sharifov

Head of the Department of Quality Management of "Agro Procurement and Supply" OJSC, ISO standards expert

  Doctor of Philosophy in Economics  

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Heydar. Agayev

Ph.D. student of the Azerbaijan Cooperation University

   

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Naila. Aliyeva

Associate professor of the Azerbaijan State Economic University (UNEC) Doctoral student of the Agro Researches Center

  Doctor of Philosophy in Economics  

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Islam. Ibrahimov

Baku Business University

  prof, dr  

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Ilkin. Huseynov

Doctoral Student Agrarian Research Center

   

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Tahmasib. Huseynov

Azerbaijan State University of Economics (UNEC)

  Doctor of Philosophy in Economics  

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Nurangiz. Mikayilova

Doctoral student of the Agricultural Research Center

  Ph.D., docent  

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Rashad. Huseynov

Agricultural Research Center, director

  Doctor of Philosophy in Economics  

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Nigar. Gasimova

Agricultural Research Center, senior specialist

   

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Hagar. Namazova

Ph.D. candidate of the Azerbaijan State Economic University (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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Gulnar. Bashirova

Master of Azerbaijan State University of Economics (UNEC)

   

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Vusala. Nagiyeva

Azerbaijan Cooperation University

  Ph.D., docent  

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Bahruz. Nuriyev

Chief consultant in Ministry of Agriculture of Azerbaijan Republic

   

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Rasul. Balayev

Azerbaijan State University of Economics, professor

  prof, dr  

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Fuad. Rzayev

Ph.D. student of the Azerbaijan Technical University