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Issue ? 53. November 2015Government Assistance in Agriinsurance Development Based on Foreign ExperienceNikilay T. Hozhainov, Anastasiya A. NazarovaNikilay T. Hozhainov — Ph.D., Assistant Professor, Faculty of Economics, Lomonosov Moscow State University, Moscow, Russian Federation. Anastasiya A. Nazarova — graduate student, Faculty of Economics, Lomonosov Moscow State University, Moscow, Russian Federation. The article presents an analysis of the modern system of agricultural insurance and state support in Russia. The authors mark the reasons for the low level of insured agriculture unites, characterize the main shortcomings of the institutional environment of agricultural insurance. Some peculiarities of the United States and Canadian agricultural insurance development with a significant participation of the government are defined. The main development trends of modern agricultural insurance are highlithed. The authors propose to improve Russian agricultural insurance system and to raise government expenditures efficiency, using a number of prospective foreign agricultural insurance tools, particularly the variety of insurance schemes, compulsory insurance of catastrophic risks, insurer’s administrative costs subsidizing, taking into account the producers technological level in assessing damages.
Risks, agricultural insurance, insurance government support, USA, Canada, government support efficiency. Comments:
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