ТНЕ NECESSITY OF USING WEATHER INDEXES FOR THE INSURANCE CLIMATIC CROP RISKS IN UKRAINE
Journal Title: Аграрна економіка - Year 2017, Vol 10, Issue 1
Abstract
Agricultural production largely depends on natural-climatic conditions that directly affect the quality and amount of the crop, and the necessity of the crop insurance against such adverse weather and climatic conditions is becoming urgent in this situation. Thus the insurance crop defense and further improvement of the insurance system is a topical issue, the solution of which will give the opportunity to enhance the producers’ competitiveness and increase state’s food security. Traditional crop insurance cannot be considered sufficiently effective for Ukraine in the modern conditions of the market economy development. Therefore, the aim of this article is to present the research results for the use of the weather indexes to improve crop insurance against adverse natural and climatic conditions and processes. International experience in using weather indexes in crop insurance is currently quite restricted. However, perhaps, it is Ukraine that has the strongest grounds to use this method because of its characteristic low administrative costs, transparency and accessibility.
Authors and Affiliations
Yu. Tomashevskyy
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