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Improvement of State Support for Agricultural Insurance

Author

Listed:
  • Yulia Aleskerova

    ('Institute of Agrarian Economics' National Scientific Centre, Kyiv, Ukraine)

Abstract

This article explores the features of agricultural insurance with state support in Ukraine and highlights the experience of foreign countries in this area. It is marked a great variability of state support for agricultural insurance, the simultaneous use of both methods of planned economy and market leverage. The general state of domestic agricultural insurance is reviewed and the deficiencies are exposed. Described the dynamics of budget expenditure parameters for insurance support in agriculture and amount of profit for comparing the effectiveness of budget programs. Recommendations are given on further development of the national agricultural insurance through improvement of state support. In line with government policy on regulating agricultural development the approaches are proposed for creation of support system for agricultural insurance with the participation of state and commercial structures. Attention is paid to the need for Strategy of development of agricultural insurance with state support in the middle and long term.

Suggested Citation

  • Yulia Aleskerova, 2014. "Improvement of State Support for Agricultural Insurance," Oblik i finansi, Institute of Accounting and Finance, issue 4, pages 95-102, December.
    • Handle: RePEc:iaf:journl:y:2014:i:4:p:95-102
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    More about this item

    Keywords

    agricultural insurance; effectiveness of state support; budget insurance products for agriculture; Agricultural insurance pool;
    All these keywords.

    JEL classification:

    • G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies; Actuarial Studies
    • Q14 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Finance

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