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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 the journal

Topics of the journal:

С1 Economics and International Economic Relations (by specialization)

D1 Accounting and Taxation

D2 Finance, Banking, Insurance and Stock Market

D3 Management

D4 Public Management and Administration

D5 Marketing

D7 Trade

J3 Tourism and Recreation

 

Key information:
ISSN (print): 2411-4413
DOI: 10.37128
All-Ukrainian scientific and production journal “Economics, finance, management: topical issues of science and practical activity” is a peer-reviewed open-access journal that publishes original research, theoretical articles and reviews on a wide range of economic and business issues. The articles, which have scientific and scientific-practical significance, highlight theoretical and methodological aspects of the development of agrarian sector of economy and related industries, the results of fundamental and applied research.
 
The purpose of the journal is to highlight the results of fundamental and applied research in the field of economic sciences, aimed at developing modern approaches to managing economic processes, financial support for enterprise activities and increasing the efficiency of economic systems. The publication is focused on creating a scientific environment for the exchange of research results between scientists, higher education students and practitioners in economic sphere, as well as on the dissemination of modern scientific and methodological approaches to solving current economic and management problems. The journal contributes to the development of the research in the field of enterprise economics, finance, accounting, auditing, management, marketing, entrepreneurship, trade, tourism and recreation, public management and administration, economic development and international economic relations, which meets the modern needs of the socio-economic development of the state.
 
The journal’s objectives are:
 • publishing the results of fundamental and applied research in the fields of economics, international economic relations, finance, management, public administration, accounting, marketing, tourism and recreation, and entrepreneurship;
• promoting the development of modern methods of managing enterprises and organizations, increasing the efficiency of using financial and material resources;
• supporting the research aimed at improving the economic mechanisms of enterprise functioning, developing innovative activity, and increasing the competitiveness of economic structures;
• ensuring the scientific exchange of research results between higher education institutions, scientific institutions, and business entities;
• developing methods of economic analysis, forecasting, and modeling of socio-economic processes;
• disseminating of modern approaches to financial management, accounting, taxation, and control of economic activity;
• promoting the development of interdisciplinary research related to the economic support of the development of agrarian sector of economy and rural areas;
• integration of scientific research results into the international scientific space and increasing the level of scientific communication.
Frequency of issue: 4 times a year.
Language of publication: Ukrainian, English.
Editor-in-ChiefInna Honcharuk
State registration: Decision of the National Council of Ukraine on Television and Radio Broadcasting No. 1337 and No. 1178. Media identifier – R30-05171. Publisher registration number (EDRPOU) 00497236.
Publisher’s ROR: https://ror.org/05m3ysc06 Publisher’s DOI prefix: 10.37128 ISSN (print): 2411-4413
Publisher DOI prefix: 10.37128 ISSN (print): 2411-4413
The scientific journal is included in category "B" of the List of scientific professional publications of Ukraine, in which the results of dissertations for the degree of Doctor and Candidate of Sciences in the specialties C1 (051) - Economics, D1 (071) - Accounting and Taxation, D2 (072) – Finance, Banking, Insurance and Stock Market, D3 (073) – Management, D5 (075) – Marketing, D7 (076) – Entrepreneurship and Trade, (241) – Hotel and Restaurant Business, D4 (281) – Public Management and Administration (Order of the Ministry of Education and Science of Ukraine dated March 17, 2020 №409)
History of journal:

Founded in 1997 under the name ”Bulletin of Vinnytsia State Agricultural Institute”. In 2010-2014 it was published under the name “Collection of Scientific Papers of Vinnytsia National Agrarian University”. Since 2015 “Economics, finance, management: current issues of science and practical activity” (Certificate of State Registration of Mass Media No. 21154-10954 PR dated 12/31/2014).