The problem of risk protection in agriculture of Ukraine

Abstract

An important specific feature of risk insurance in the agricultural business is the possibility of systemic risks, which are characterized by large amounts of loss-making for agricultural enterprises. In this case, the amount of insurance premiums received by insurers may significantly exceed the amount of their insurance payments. In our opinion, the insurance products offered by Ukrainian insurers in the field of agricultural insurance do not fully meet the needs of consumers. The main problems of Ukrainian insurance organizations providing services in the field of agricultural insurance are the low level of solvency of agricultural enterprises, as well as inflationary processes that make long-term agricultural insurance contracts concluded in the national currency of little demand. The evolutionary development of the Ukrainian insurance market for agricultural risk insurance, in our opinion, should correlate with the development of reinsurance of these risks. This will make it possible to balance the insurance portfolios of insurance companies and provide insurers with additional opportunities for their investment activities. The creation of a specialized national reinsurance company for reinsurance of agricultural risks, in our opinion, will improve the insurance coverage of Ukrainian agricultural enterprises.

Improving the efficiency of land use in the agricultural sector of Ukraine

“…According to [6] in the conditions of Ukraine, the functioning of the agricultural business is associated with certain features (Figure 2): Taking this into account, in our opinion, there is a need for state protection of owners of small agricultural land plots. This will make it possible to regulate land relations, achieve an increase in the income level of rural residents, but also increase interest in investing in agricultural land.…”

The importance of the forecast of the number of inhabitants of the Czech Republic as a basis for the effective development of the transport industry

“…We generalize expression (9) for vectors of the space formed by orthogonal Chebyshev polynomials of the first kind…”

“…In the opinion to (Toušek, Zdenek et al ,2022), the risks present on the stock market are associated with the probability of the occurrence of certain adverse circumstances. The In the opinion to (I Sazonets, et al ,2021), the efficiency of private investors largely depends on their ability to control their emotions and the ability to navigate the information space, as well as the ability to use technical and fundamental methods.…”

Investments in human capital in agriculture

“…According to [3], the growth of the state's competitiveness in the international arena, the creation of innovative high-tech industries, the formation of technological growth points in various sectors of the economy is impossible without the effective use of human capital. Without investments in human capital, it is difficult to ensure stable indicators of national security.…”