The Czech agricultural insurance market and a prediction of its development in the context of the EU
| Authors | |
|---|---|
| Year of publication | 2005 |
| Type | Article in Periodical |
| Magazine / Source | Zemědělská ekonomika |
| Citation | |
| Web | http://agriculturejournals.cz/web/agricecon.htm |
| Field | Management and administrative |
| Keywords | agricultural production, agriculture insurance system, common agricultural policy |
| Description | In the market economy, agriculture ranks among important political and economic issues. Risks associated with agricultural activity can be catastrophic. For farmers and farms, damages resulting from materialized risks represent significant and existence-threatening problems. For the state, damages in agriculture can endanger the food supply chain, cause fluctuation in employment or jeopardize the state's foreign-policy position due to lack of self-sufficiency. This is why it is necessary to discuss methods and ways to deal with the problem, eliminate agricultural risks or minimize their occurrence and materialization. One of the possible ways is insurance. |