Regional State-Supported Agricultural Insurance Development in Context of Global Transformations

Abstract

-Improving the competitiveness of the country and regions' agriculture is a solution to the problems of its further development. It should be noted that a sustainable and stable development of agriculture can be achieved only through the government support measures implementation. Insurance premiums State subsidization is the financial instrument, which does not contradict the World Trade Organization requirements. At present, the State-supported agricultural insurance conditions do not provide adequate interest among agricultural producers. The article is devoted to consideration of major aspects of agricultural insurance in the context of global transformations. We determined the reducing demand for Statesupported agricultural insurance and made an attempt to systematize the causes behind this phenomenon. The study of indicators of agricultural insurance in the Volgograd region was carried out using time series analysis. Special attention is given to a new instrument in agricultural insurance such as a "unified" subsidy. The result of destabilizing conditions in the organization of the system of agricultural insurance in the context of granting subsidies was a radical deterioration in the market. The unadapted subsidy system has resulted in substantial agricultural insurance volumes fall. The main problems in the allocation of subsidies from the federal budget to the regions are identified. We have considered a plausible course of agricultural insurance development.

Agriculture Digitization: Trends And Problems' Review

“…This system integrates information on agriculture lands and the state of agriculture vegetation in the real-time mode. It will provide introduction of industry smart planning in 85 subjects of the Russian Federation on the principle of planting the most economic crops (Shkarupa, Perehodov, & Ulanova, 2018).…”

Government Support Mechanisms for Sustainable Agriculture: A Systematic Literature Review and Future Research Agenda

“…The sustainable development of agriculture benefits from the implementation of government support measures [63]. Hence, transitions to sustainable agriculture will demand institutions that support farmers with resources and knowledge [64].…”

Price regulation of agrarian markets in the context of food security in Ukraine

“…The analysis of the impact of the economic availability of food products on food security in the country is highlighted in the writings of O. Shebanina, A. Klyuchnik, A. Burkovskaya, D. Caruso [5], A. Chadwick [6], and others. Models of state support for agri-insurance in the context of global transformation in order to ensure the stability of agrarian markets are presented in works by E. Shkarupa, P. Perehodov, I. Ulanova [7], and others. The role of the information provision of state regulation of the agrarian market was considered by S. Prestamburgo, F. Sgroi [8] and others.…”