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!
-
Regulation of production relations in the food industry
V. Abbasov, T. Gorchiyeva • UOT: 63.33, 330.54, 330.554 • 2024 -
History, current state and prospects of development of sheep breeding in Azerbaijan
R. Isgandarov, Ф. Рустамов • UOT: 636/639, 338.439 • 2024 -
Reducing onion losses through effective regulation: a comprehensive evaluation of the onion supply chain
P. Aliyev • UOT: 338.23, 338.43 • 2024 -
Assessment of the interactions of Agriculture with other sectors in Azerbaijan
T. Musayev • UOT: 338.43, 330.44, 303.725.34 • 2024 -
Analysis and econometric evaluation of the main factors affecting the productivity of wheat in Azerbaijan
T. Musayev, J. Hasanov • UOT: 338.43, 330.15, 633.11, 519.862.6 • 2024 -
Export trends of the fruit growing sector in the Republic of Azerbaijan: a comparative analysis
Y. Akhundov • UOT: 338.43, 339.5, 634.1 • 2024 -
Improving the accounting for cost capitalization transactions on biological assets
V. Mehdiyev • UOT: 338.43, 338.512: 636/637 • 2024 -
Organization of control and audit in agriculture
S. Guliyeva • UOT: 33.336/63 • 2024
-
Implementation of the ISO 9001:2015 standard in a Livestock Scientific Research Institute: experience and recommendations
G. Sharifov • UOT: 006.35; 001.891; 631.1 • 2024 -
Mechanisms for expanding access to financial means of agricultural producers
R. Aliyev • UOT: 338.43: 336.7, 336.77 • 2024 -
Reducing the price gap in agricultural product markets: international solutions and best practices
A. Gadashov • UDC: 338.43, 631.15, 631.17 • 2023 -
Econometric assessment of economic and climatic factors affecting agricultural value added
T. Musayev • UOT: 330.45, 338.43 • 2023 -
Self-sufficiency in wheat and its role in food security
N. Shalbuzov • UOT: 338.436633/635, 338.439.68 • 2023 -
Index insurance in the agricultural field: a view of world experience and implementation possibilities in Azerbaijan
K. Ghafarli • UOT: 338.43, 338.434: 368.5 • 2023 -
Evaluation of agricultural service and rent by the hour of equipment operation
I. Ismayilov • UOT: 631.173 • 2023
Ramiz. Isgandarov
Department of "Economics and Statistics" of Azerbaijan Technical University
prof, dr