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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

12067 ­ ­ 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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Gurban. Mirzayev

Azerbaijan State Agrarian University

   

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Abbas. Safarov

Ph.D. student of the Agricultural Research Center

   

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Boyukxanum. Abdulkarim

Baku State University

   

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Leyla. Hajiyeva

Ph.D. student of the Agricultural Economics Research Center

   

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Yusif. Akhundov

Ph.D. student of the Agricultural Research Center

   

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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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Ayaz. Museyibov

Center for Analysis of Economic Reforms and Communication

   

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Gulnar. Bashirova

Master of Azerbaijan State University of Economics (UNEC)

   

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Vahid. Abbasov

Head of the Department of Economics, Baku State University

  prof, dr  

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Tamraz. Temrazov

Vegetable Research Institute

   

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Lotanna. Emediegwu

Department of Economics, The University of Manchester, UK | Department of Agricultural Economics, University of Ilorin, Nigeria | Department of Economics, Policy and International Business, Manchester Metropolitan University, UK

   

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Eldar. Guliyev

Agricultural Economics Research Center

  Ph.D., docent  

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Gabil. Kazimov

Research Institute of Crop Husbandry

   

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Akif. Valiyev

Agricultural Economics Research Center

  Doctor of Economics  

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Turaj. Musayev

Agricultural Economics Research Center, leading specialist

   

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Elchin. Salahov

Azerbaijan State Agricultural University

  Doctor of Philosophy in Economics