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!
-
Investment mechanisms for supporting sustainable development in agriculture
M. Hajiyev • UOT:338.43, 330.322.21, 631.95 • 2026 -
Structural problems of agricultural sector lending
E. Zeynalli • UOT: 336.77:338.43 • 2026 -
Value chain competitiveness in sheep farming: the role of institutional factors
I. Huseynov • UOT: 338.43:636.3 • 2026 -
Factors forming the competitive environment in the agricultural market: analysis of modern approaches
A. Bayramov • UOT: 338.43, 338.432 • 2026 -
Impact of the development of international transport corridors on the export of agricultural products
A. Satıcı • UOT: 33.63.327.633/644 • 2026 -
Sustainable management of agricultural resource use processes
A. Israyilova • UOT 33.332, 338.43 • 2026 -
Agroturism development prospects in a global competitive environment
A. Malikov • UOT:338.48, 379.8 • 2026
-
Input access constraints in Azerbaijan’s agriculture: the case of fertilizer use
A. Azimov • UOT: 338.43, 339.5, 339.543 • 2026 -
The impact of international transport corridors on the marketing of agricultural products
A. Satıcı • UOT: 33.63.327.633/644 • 2023 -
The role of agricultural cooperatives in achieving sustainable development challenges
S. Akbarova • UOT: 334.73, 631.115.8 • 2026 -
Azerbaijan's agrarian consumer market: realities, problems and solutions
N. Gafarov • UOT: 338.43, 338.433, 338.439 • 2026 -
Comparative analysis of Azerbaijan's level of self-sufficiency in basic food crops
P. Aliyev • UOT: 338.439.5; 339:56; 311 • 2026 -
Calculation of the economic efficiency of an experimental crusher
A. Zingirov, E. Kazimova • UOT: 621. 926. 1: 631.363 • 2026
Okiemua. Okoror
Department of Economics, University of Benin, Nigeria | Department of Economics, University of Reading, UK
Fuad. Ibrahimov
Economic issues expert of the Center for Socio-Economic and Ecological Research Public Union
Doctor of Philosophy in Economics