IDEAS home Printed from https://ideas.repec.org/p/sek/iacpro/5107444.html
   My bibliography  Save this paper

Peculiarities and trends of Insurance of Agricultural Sector in Georgia

Author

Listed:
  • Nato Kakashvili

    (Ivane Javakhishvili Tbilisi State University)

Abstract

Actuality. Agricultural sector, unlike other sectors of economy, is characterized by specific risk factors, which largely depend on natural and climatic conditions and the current global meteorological changes. In Georgia, an agricultural insurance project has been developed, which will support and help agricultural farms to get agricultural insurance service. Insurance is the financial mechanism, which is built on the principle of solidarity and is based on the noble idea of minimizing social risks. Insufficient rates of development of agricultural sector in Georgia is related with the problems of provision of financial resources and the issues of risk management.Research objective. Studying and analyzing the current insurance mechanisms in agricultural sector of Georgia and determining major development trends based on the experience of the European Union.Research object. Insurance in agricultural sector of Georgia.Research methods. Due to the complexity and great practical significance of the research, the following research methods have been used while working on the paper: systemic, historical and logical generalization methods, as well as scientific abstraction, analysis and synthesis. Conclusion. The outcomes and conclusions of the survey will contribute to eliminate the problems in the insurance system of agricultural sector of Georgia and improvement of effectiveness.

Suggested Citation

  • Nato Kakashvili, 2017. "Peculiarities and trends of Insurance of Agricultural Sector in Georgia," Proceedings of International Academic Conferences 5107444, International Institute of Social and Economic Sciences.
    • Handle: RePEc:sek:iacpro:5107444
    as

    Download full text from publisher

    File URL: https://iises.net/proceedings/29th-international-academic-conference-rome/table-of-content/detail?cid=51&iid=016&rid=7444
    File Function: First version, 2017
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sek:iacpro:5107444. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Klara Cermakova (email available below). General contact details of provider: https://iises.net/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.