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Economy, finances, management: Topical issues of science and practical activity

space SCIENTIFIC JOURNALS OF VINNITSA NATIONAL AGRARIAN UNIVERSITY

Issue №: 8 (48)

Published: 2019.09.17
DOI: 10.37128/2411-4413-2019-8


Description:
The magazine deals with the problems of the agricultural sector of the economy in the context of integration and processes of globalization. Attention is paid to the issues of development of digital economy, rural territories, technologies of enterprise management and organization of accounting, problems of legal support of economic processes, market tendencies of development of various branches of economy. Particular attention is paid to green tourism as a promising segment of the national economy.

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THE ROLE OF AGRICULTURAL INSURANCE IN MODERN FOOD SECURITY DOCTRINE FORMATION IN UKRAINE

DOI: 10.37128/2411-4413-2019-8-11
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ВІЛЕНЧУК Олександр Миколайович  –  доктор економічних наук, доцент кафедри 

фінансів і кредиту, Житомирський національний агроекологічний університет (1008, Старий 

бульвар 7, е-mail:  vilenchuk@ukr.net). 

ДЕМА Дмитро Іванович  –  кандидат економічних наук, професор, завідувач кафедри 

фінансів і кредиту, Житомирський національний агроекологічний університет (1008, Старий 

бульвар 7, е-mail: dmitrodema@gmail.com).

НЕДІЛЬСЬКА Лариса Василівна – кандидат економічних наук, доцент кафедри фінансів і 

кредиту, Житомирський національний агроекологічний університет (1008, Старий бульвар 7, е-mail:  Lorka_nedelskaya@ukr.net)

VILENCHUK  Oleksandr  –  Doctor of Economic Sciences,  Associate Professor of the Department 

of Finance and Credit  Zhytomyr National  Agroecological University  (1008,  Zhytomyr  7, Stary Bivd,  е-mail: vilenchuk@ukr.net)

DEMA Dmetro   –  Candidate of Economic Sciences, Professor, Head of the Department of Finance 

and Credit,  Zhytomyr National  Agroecological  University  (1008,  Zhytomyr  7, Stary Bivd,  е-mail: 

dmitrodema@gmail.com).

NEDILSKA Larysa    –  Associate Professor of the Department of Finance and Credit  Zhytomyr 

National Agroecological University (1008, Zhytomyr 7, Stary Bivd, е-mail: Lorka_nedelskaya @ukr.net)

ВИЛЕНЧУК Александр Николаевич  –  доктор экономических наук, доцент кафедры 

финансов и кредита, Житомирский национальный агроэкологический университет (1008, Старый 

бульвар 7, е-mail:  vilenchuk@ukr.net

ДЕМА Дмитрий Иванович  –  кандидат экономических наук, профессор, заведующий 

кафедрой финансов и кредита, Житомирский национальный агроэкологический университет 

(1008, Старый бульвар 7, е-mail: dmitrodema@gmail.com).

НЕДЕЛЬСКАЯ Лариса  Васильевна  –  кандидат экономических наук, доцент кафедры 

финансов и кредита, Житомирский национальный агроэкологический университет (1008, Старый 

бульвар 7, е-mail: Lorka_nedelskaya @ukr.net).

Annotation

It is argued that agrarian insurance plays a significant role in shaping modern food security 

doctrine. It is established that, given the objective presence of a risky environment in the agricultural 

sphere, there is a need for widespread use of insurance as a financial and economic instrument for 

minimizing the likely threats to the natural, anthropogenic, ecological and other nature. In order to expand 

the insurance coverage of agricultural risks and, consequently, to realize the existing potential of agrarian 

insurance, a variety of insurance services  was proposed at the expense of classic and index insurance 

products. Emphasis is placed on the need for primary (micro-insurance and insurance) and secondary 

(reinsurance) risk sharing in order to increase the access of potential insurers to insurance serv ices, as 

well as to ensure a sufficient level of solvency and liquidity of insurance companies.

Keywords: agricultural insurance, food security, agricultural risks, insurance market , risky environment, system approach.

List of references

1.  “Agrarian insurance: the importance of  index insurance in the development of small-scale 

farming”, available at: https://agroday.com.ua/2019/03/12/agrarnyj -insurance-vagomist-indeksnogo-strahuvannya-v-rozvytku-dribnogo-fermerstva/ (accessed 1 November 2019).

2.  Alekserova Y. V. (2015), Development of agricultural insurance: theory, methodology, practice: 

monograph, Delo, Vinnytsia.

3.  Borisova V. A. (2017), “Features of quality insurance of land resources. Financial instruments 

of regional development”, All-Ukrainian scientific-practical internet conference materials, ZhNAEU, 

Zhytomyr, November 10, 2017, pp. 168–171.

4.  Butler B., Johnson B. (1997), Finance. Oxford Interpretive Dictionary: English-Russian, The 

whole world, Moscow.

5.  “Conceptual discussion of expediency of adoption of the law of Ukraine in the field of agrarian 

insurance” (2008), with the support of Int. financial corporation (IFC, World Bank Group), available at: 

http://www.ifc/org/ (accessed 14 November 2010).

6.  “Draft integrated strategy and action plan for the development of agriculture and rural territories 

in Ukraine for 2015-2020” (2015), Ministry of Agrarian Policy and Food of Ukraine of 25 October 2015, 

available at: http://www.minagro.gov.ua (accessed: 25 November 2015).

7.  French National Institute for Demographic Studies, available at http://www.ined.fr (accessed 10 

November 2012).

8.  Jensen N., Barret C. (2017), Agricultural Index Insurance for Development, Applied Economic 

Perspectives and Police, Vol. 39, No. 2, pp. 199–219. 

9.  Kirilenko I. G, Ivchenko V. E. and Demianchuk (2017), “Food  security of Ukraine in the light 

of current trends of the world economy”, Economics of agribusiness, No.8, pp. 5 –14.

10.  Komadel D., Pinda L. and Sakalova K. (2018), Securitization in crop insurance with soil 

classification, Agricultural Economics, Vol. 64,  No. 3, pp. 131–140, available at: https://doi.org/

10.17221/156/2016-AGRICECON.

11.  Mykytyuk V. M., Skidan O.V. (2005), Formation of food security in Ukraine: regional aspect, 

DAU, Zhytomyr.

12.  Vilenchuk O. M. (2019), Agrarian insurance in Ukraine: the paradigm of formation and 

development strategy: a monograph, O. O. Evenok, Zhytomyr. 

13.  Paskhaver B. I. Current state of food security (2014), AgrC economy, No. 4, pp. 5 –12.

14.  Pushko R. A. (2012), Insurance as a type of state support for agriculture in the context of 

Ukraine's WTO membership, Scientific notes of Tavrichesky National University named after V. I. 

Vernadsky, Economics and management Series, Vol. 25 (64), No. 2, pp. 112–115.

15.  Ramsey A., Santeramo F. (2017), Crop Insurance in the EU: Lesson and Caution from the US, 

EuroChoices, Vol. 16, No. 3, pp. 34–39, available at: https://doi.org/10.1111/1746-692X.12154.

16.  Roth J., Michael J. and McCord J. (2008), Agricultural Micro-insurance Global Practices and 

Prospects, First Edition, Milliman.

17.  Shynkarenko J. V. (2006-2014), “Index Insurance –  Basic Provisions and International Practice”, 

Agricultural Insurance Portal, available at: http://www. agroinsurance.com. (access date: 3 April 2014), 

available at: https://doi.org/10.1093/aepp/ppw022.

18.  United Nations Food and Agriculture Organization: Website, available at: http://www.fao.org 

(accessed 7 April 2016).

19.  Zorya O. P. (2013), “Insurance market of Ukraine: state, problems and prospects of 

development”, Sumy National Agrarian University Herald, Finance and Credit Series. No. 1, pp. 12–15.

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About journal

Topics of the journal:

051 Economics

071 Accounting and taxation

072 Finance, banking and insurance

073 Management

075 Marketing

076 Business, trade and exchange activities

241 Hotel, restaurant and catering 

281 Public administration

 

Key information:
ISSN (print): 2411-4413
DOI: 10.37128

The journal “Economy, finances, management: Topical issues of science and practice” is included in the "List of Scientific Professional Editions of Ukraine". 

The scientific edition is assigned the Category "Б" in the field of economics in specialties 051, 071, 072, 073, 075, 076, 241, 281

(Order of the Ministry of Education and Science of Ukraine No. 249, March 17, 2020).

The journal “Economy, finances, management: Topical issues of science and practice” has a Digital Object Identifier (DOI)

The journal “Economy, finances, management: Topical issues of science and practice” is indexed in such database as Index Copernicus Value (https://journals.indexcopernicus.com/search/form)

 

The editorial board of the journal is guided by the principles of scientific, objectivity, professionalism, informational support of the most significant innovative researches, observance of standards of publishing ethics.

The purpose of the journal "Economics, finances, management: Topical issues of science and practical activity» is the coverage of leading scientific ideas in the economic, financial and management activities of the sectors of the national economy and the involvement of representatives of the domestic and foreign scientific professional community.

 

Objectives of the journal:

  • publication of research findings on innovation in the economy, financial and management spheres, innovation of production processes;
  • expanding partnerships with international scientific publishing organizations;
  • enhancing the culture of reviewing and annotating published material;
  • adherence to editorial ethics.

 

Article publishing is a paid service. Cost for printing in professional publications in accordance with the Decree of the Cabinet of Ministers of Ukraine of August 27, 2010 No. 796 "On approval of the list of paid services that can be provided by state educational institutions, other institutions of the educational system belonging to state and communal ownership" and the order Rector of the Higher Education University Mazura VA dated March 14, 2018 No. 93 “On setting the cost of printing in professional editions of the University”.

The cost of printing one page in professional editions of the university is 60 UAH.

An additional copy of the magazine with the mailing list costs 250 UAH.

Recipient: Vinnytsia National Agrarian University MFO 820172 Current account No. 31256282102055 Code 00497236 Bank State Treasury Service of Ukraine, Kyiv. VAT payer code 004972302286. Registration number 100271744. Purpose of payment: for printing an article in the journal: ”Economy, finances, management: Topical issues of science and practical activity "

History of journal:

It was founded in 1997 under the name "Bulletin of the Vinnytsia State Agricultural Institute". In 2010-2014 he was published under the title “Collection of scientific works of Vinnitsa National Agrarian University”.

From 2015 ”Economy, finances, management: Topical issues of science and practical activity” (Certificate of State Registration of Mass Media No. 21154-10954 of PR as of December 31, 2014)

The journal is the successor to the edition ”Collection of Scientific Papers of Vinnytsia National Agrarian University. Series: Economic Sciences. "