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Public Support for Market Risk Management in Bulgarian Agricultural Holdings

Tanya Georgieva ()
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Tanya Georgieva: University of Economics - Varna, Varna, Bulgaria

Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, 2023, issue 1, 104-111

Abstract: The growing uncertainty of the external environment presents economic organizations in agriculture with new challenges for building sustainability. The purpose of this paper is to examine the potential of the public toolkit in Bulgaria to stimulate and demotivate market risk management in agricultural holdings. A set of indicators was synthesized to assess the potential of publicly funded instruments to impact farming strategies. Based on secondary data analysis, it is concluded that market risk management support is entirely designed to address the consequences of risk events and has a high potential to constrain producers' risk prevention and mitigation initiatives.

Keywords: risk management strategies; agriculture; public support (search for similar items in EconPapers)
JEL-codes: M21 Q13 (search for similar items in EconPapers)
Date: 2023
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