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Governmental support to agricultural insurance in the countries of the world

Journal: The Journal of Economic Sciences: Theory and Practice (Vol.71, No. 2)

Publication Date:

Authors : ;

Page : 31-41

Keywords : Agricultural sector; risk; insurance; agricultural insurance market; private insurance markets.;

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Abstract

The aim of this study is comparative characteristics of agricultural insurance in countries such as China, Mexico, the US and so on, and as I state's role in this, as shown experience of the World Bank. The study showed that the main problem existing in the system of insurance with state support, are the weather conditions, since in different countries different climatic conditions. This paper analyzes the mechanisms of agricultural insurance with state support in different countries (China, Mexico, USA, and so on) and the World Bank's experience with the mechanism of agricultural insurance, as well as the possible use of these models of agricultural insurance in other countries. Scientific novelty of the research lies in the fact that the author has made specific proposals and recommendations on the modernization of agricultural insurance in the world, depending on climatic conditions while using assistance of the World Bank.

Last modified: 2016-08-20 23:28:54