Theoretical aspects of index insurance in agriculture and prospects of application in Azerbaijan
 |
Ibrahim Jafarov Hasan, Corresponding member of ANAS, prof |
| Azerbaijan State Agricultural University | |
| rektor@adau.edu.az |
 |
Maharram Huseynov Jalal, prof, dr |
| Azerbaijan State Agricultural University | |
| h-tural@rambler.ru |
 |
Elchin Salahov Arif, Doctor of Philosophy in Economics |
| Azerbaijan State Agricultural University | |
| elchinsalaho@mail.ru |
AbstractRecently, in order to effectively manage systemic risks in the agriculture of developed and developing countries, an index-based insurance model based on weather data, which is considered an innovative insurance product, is actively used. Index insurance is considered as an alternative to the traditional insurance model and plays an important role in overcoming many problems that traditional insurance cannot solve. The article examines the essence, mechanism of operation, advantages and disadvantages of indexed insurance. Prospects for the application of the new insurance product in Azerbaijan's agriculture were analyzed on the basis of the study of world experience in the relevant field. At the same time, the problems facing the application of the index insurance model were investigated.
No other article by the author!
-
Role and main instruments of state support to the agricultural sector
J. Gojamanov • UOT: 338.43, 63.33 • 2025 -
The impact of the digital environment on the state of energy use in agriculture
E. Ahmedzadeh • UOT: 004.22, 631.1, 338.43 • 2025 -
Development trends in digitalization of the agricultural sector
N. Mikayilova • UOT: 004.9, 631.1 • 2025 -
Development of seed production and its role in ensuring food security
Р. Алиев • UOT: 330.163, 338.432 • 2025 -
The influence of gravity factors on the formation of the export geography of agricultural products
Y. Akhundov • UOT: 330.43, 338.43, 339.5 • 2025 -
Farm size and agricultural productivity in Azerbaijan: challenges and policy implications
P. Aliyev • UOT: 338.23, 338.43 • 2025 -
Level and dynamics of investments in fixed capital in the agricultural sector
M. Hajiyev • UOT: 330.142.2, 338.43 • 2025
-
The role of ISO standards in green transformation
G. Sharifov • UOT: 332.02, 504.05, 504.06 • 2025 -
Development factors of agricultural products sales markets
K. Javadzadeh • UOT: 338.433, 338.439.5 • 2025 -
The directions of climate change impacts on agricultural production
N. Muradov • UOT: 504.05, 504.32, 504.37, 631/635 • 2025 -
The impact of global climate change on food security in modern conditions
A. Gurbanzadeh • UOT: 504.32, 631.1 • 2025 -
Specialization of agriculture and development of the agricultural product market in the regions
J. Safarov, E. Guliyev • UOT: 332.13, 338.436, 339.1 • 2025 -
Impact of climate change on agricultural sectors
K. Mamedova • UOT: 631.1, 632.92, 632.95 • 2025 -
The role of agricultural cooperatives in enhancing access to inputs for smallholder farmers in Azerbaijan
A. Azimov • UOT: 338.43, 339.5, 339.543 • 2025 -
Stimulation of the application of green technologies in the production of food products
N. Rahimov • UOT: 338.432, 338.439, 504.06 • 2025
Abrehet. Mehari
Lecturer in Ethiopia Civil Service University, Ethiopia, Addis Ababa; Ph.D. candidate in Azerbaijan State University of Economics
Okiemua. Okoror
Department of Economics, University of Benin, Nigeria | Department of Economics, University of Reading, UK
