AGRICULTURAL INSURANCES - GROWTH FACTOR FOR THE STABILITY OF THE AGRICULTURAL PRODUCTION. AGRICULTURAL INSURANCE SCHEMES IN SOME EUROPEAN UNION MEMBER STATES

Bogdan Marza, Carmen Angelescu and Liviu Marcus
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Carmen Angelescu: University of Agronomic Science and Veterinary Medicine Bucuresti, București, România
Liviu Marcus: University of Agronomic Science and Veterinary Medicine Bucuresti, București, România

Revista Economica, 2016, vol. 68, issue 6, 52-70

Abstract: It is widely known that in the last years, the climate changes have had a great impact in the crop yield. For agriculture, the challenge is that, at international level, the food production will have to be double in order to feed 9 billion people - the estimated world population by 2050. In this context, the setting up of proper risk management systems in agriculture becomes an extremely important operation. This paper has tried to analyse the agricultural insurance systems existent in several European Union member states, taking into account that the EU is one of the biggest exporters of agricultural produce in the world, due to a strong agri-food industry and to the importance given to the implementation of new instruments for the management of risks connected to the agricultural activity.

Keywords: risk management; agricultural insurance systems; premium subsidies; public-private- partnership. (search for similar items in EconPapers)
JEL-codes: Q11 Q12 R13 (search for similar items in EconPapers)
Date: 2016
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