Farmers' Participation in Crop Insurance Markets: Creating the Right Incentives

Foreign exchange risk is one of the most important components of the financial market. Like any other financial risk, it can be managed or avoided. Financial risk management requires the relevant knowledge and resources and only specialized financial institutions are engaged in doing so. Thee commercial banks do not accept foreign exchange risks, their assets and liabilities are denominated in the same currency. Therefore, it is recommended for households and businesses to avoid the currency risk. People's behavior is different during the sharp fluctuations of exchange rates. There is no ideal tactic for behavior. However, we would like to share some basic tips to help you reduce your expected financial risks; At the same time, the undesirable attitude characteristic of the period of strong fluctuations in the course will become clearer and more preventive. We hope that the information presented in such circumstances will help you to make the right decision. Keywords: Foreign exchange and insurance market efficiency; Exchange rate risk insurance; Involvement of financial instruments.

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The Peculiarities of Foreign Exchange and Insurance Markets

Economics ◽

10.36962/104/3-5/20210128 ◽

2021 ◽

Vol 104 (3-5) ◽

pp. 28-40

Author(s):

Khatuna Shalamberidze Khatuna Shalamberidze ◽

Nana Benidze Nana Benidze

Keyword(s):

Foreign Exchange ◽

Financial Market ◽

Financial Risk ◽

Insurance Markets ◽

Exchange Rate Risk ◽

Financial Risks ◽

Foreign Exchange Risk ◽

Exchange Risk ◽

The Right ◽

Risk Insurance

Foreign exchange risk is one of the most important components of the financial market. Like any other financial risk, it can be managed or avoided. Financial risk management requires the relevant knowledge and resources and only specialized financial institutions are engaged in doing so. Thee commercial banks do not accept foreign exchange risks, their assets and liabilities are denominated in the same currency. Therefore, it is recommended for households and businesses to avoid the currency risk. People's behavior is different during the sharp fluctuations of exchange rates. There is no ideal tactic for behavior. However, we would like to share some basic tips to help you reduce your expected financial risks; At the same time, the undesirable attitude characteristic of the period of strong fluctuations in the course will become clearer and more preventive. We hope that the information presented in such circumstances will help you to make the right decision. Keywords: Foreign exchange and insurance market efficiency; Exchange rate risk insurance; Involvement of financial instruments.

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I Learn, You Learn, We Gain Experience in Crop Insurance Markets

Applied Economic Perspectives and Policy ◽

10.1093/aepp/ppy012 ◽

2018 ◽

Vol 41 (2) ◽

pp. 284-304 ◽

Cited By ~ 2

Author(s):

Fabio G Santeramo

Keyword(s):

Crop Insurance ◽

Insurance Markets

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Foreign experience in agricultural insurance

Tokovi osiguranja ◽

10.5937/tokosig2004078r ◽

2020 ◽

Vol 36 (4) ◽

pp. 78-109

Author(s):

Gordana Radović

Keyword(s):

Risk Management ◽

Agricultural Production ◽

Management Strategy ◽

18Th Century ◽

Crop Insurance ◽

Global Level ◽

Risk Management Strategy ◽

Agricultural Insurance ◽

Agricultural Subsidies ◽

The Right

The aim of this paper is to present characteristics of agricultural insurance at the global level. Agricultural insurance is most often seen, in a narrower sense, as crop insurance and livestock insurance. This type of economic protection has been applied since the 18th century, and today it is considered a part of a comprehensive risk management strategy in agricultural production. The most significant differences in agricultural insurance, at the global level, are the risks that can be insured in certain countries, as well as whether, or to what extent, agricultural insurance premiums are subsidized by the state. Agricultural insurance in most countries is voluntary, somewhere it is a condition for exercising the right to agricultural subsidies, and it is mandatory only in Greece and Cyprus.

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Rationality of Choices in Subsidized Crop Insurance Markets

American Journal of Agricultural Economics ◽

10.1093/ajae/aaw035 ◽

2016 ◽

Vol 99 (3) ◽

pp. 732-756 ◽

Cited By ~ 25

Author(s):

Xiaodong Du ◽

Hongli Feng ◽

David A. Hennessy

Keyword(s):

Crop Insurance ◽

Insurance Markets

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The Peculiarities of Foreign Exchange and Insurance Markets

Economics ◽

10.36962/104/3-5/20210128-02 ◽

2021 ◽

Vol 104 (3-5) ◽

pp. 28-40

Author(s):

Khatuna Shalamberidze Khatuna Shalamberidze ◽

Nana Benidze Nana Benidze

Keyword(s):

Foreign Exchange ◽

Financial Market ◽

Financial Risk ◽

Insurance Markets ◽

Exchange Rate Risk ◽

Financial Risks ◽

Foreign Exchange Risk ◽

Exchange Risk ◽

The Right ◽

Risk Insurance

Foreign exchange risk is one of the most important components of the financial market. Like any other financial risk, it can be managed or avoided. Financial risk management requires the relevant knowledge and resources and only specialized financial institutions are engaged in doing so. Thee commercial banks do not accept foreign exchange risks, their assets and liabilities are denominated in the same currency. Therefore, it is recommended for households and businesses to avoid the currency risk. People's behavior is different during the sharp fluctuations of exchange rates. There is no ideal tactic for behavior. However, we would like to share some basic tips to help you reduce your expected financial risks; At the same time, the undesirable attitude characteristic of the period of strong fluctuations in the course will become clearer and more preventive. We hope that the information presented in such circumstances will help you to make the right decision. Keywords: Foreign exchange and insurance market efficiency; Exchange rate risk insurance; Involvement of financial instruments.

Download Full-text