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Risk Management in Agricultural Holdings in Bulgaria

Author

Listed:
  • Hristina Harizanova-Bartos

    (University of National and World Economy, Sofia, Bulgaria)

  • Zornitsa Stoyanova

    (University of National and World Economy, Sofia, Bulgaria)

  • Ivelina Petkova

    (University of National and World Economy, Sofia, Bulgaria)

  • Nikola Metodiev

    (Institute of Animal Science, Kostinbrod, Bulgaria)

  • Tsvetana Harizanova-Metodieva

    (Institute of Animal Science, Kostinbrod, Bulgaria, Bulgaria)

  • Pavel Sheiytanov

    (University of National and World Economy, Sofia, Bulgaria)

  • Ani Dimitrova

    (University of National and World Economy, Sofia, Bulgaria)

Abstract

The developing uncertainties, risks and crises related to the natural environment, technology, economic and political environment, as well as globalization, still pose a challenge to addressing risk management in the agricultural sector in Bulgaria. The purpose of the article is to make an analysis of risk management in agricultural holdings and, on this basis, to identify generalized conclusions and suggestions for improving the process. Risk management often depends on the economic activities and internal attitudes of farm managers. The methodological framework of the study includes: 1) Theoretical review of risk management in the agricultural sector, identifying the sources of uncertainty and risk, the ability of farmers to use different risk management strategies, as well as the dependence of risk management on the perceptions of farmers and the measures taken by the government; 2) Methodological framework of the study of risk management in agricultural holdings; 3) Recommendations for improving the risk management process. The analyses in the article present the results of university project NI 16/2018 Integrated approach to risk management in the agricultural sector.

Suggested Citation

  • Hristina Harizanova-Bartos & Zornitsa Stoyanova & Ivelina Petkova & Nikola Metodiev & Tsvetana Harizanova-Metodieva & Pavel Sheiytanov & Ani Dimitrova, 2021. "Risk Management in Agricultural Holdings in Bulgaria," Ikonomiceski i Sotsialni Alternativi, University of National and World Economy, Sofia, Bulgaria, issue 3, pages 70-83, September.
  • Handle: RePEc:nwe:iisabg:y:2021:i:3:p:70-83
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    More about this item

    Keywords

    policies; Risk Management; agricultural holdings; strategies;
    All these keywords.

    JEL classification:

    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy
    • Q19 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Other

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