Essay --

Agriculture plays an big role in the economical development of the country. It produces not only food and raw material solely in any case a large portion of the workforce is engaged in this field (more than 50% in Georgia) . Agriculture is characterized by the presence of encounter factors, and hence it is very important to know how to deal with these hazards. Risk factors finish be not only biological or climatic variability, as well as fluctuations in prices. Unlike other manufacturers, for farmers and also for privet companies which be involved in agriculture it is difficult to predict the revenues and therefore salary from their activities. Therefore, insurance in agriculture is regarded as the one of the most important and effective way of rick management. Its very interesting to brass through the frameworks of insurance frames in genuine countries and also study the feature of developing countries. As well the discussions about tendencies and problems related to insu rance in developing countries. As it seems half of the worldwide agriculture insurance comes for US, and little than one-third comes for Western European pronounces. Only three percent comes for important and Eastern European countries of the worlds agricultural insurance. Downstairs on the table we muckle see the availability of agricultural insurance around the world. In developed countries, there are different types of insurance dusts. One of them is the privet insurance system in case of which the insurance companies provide the total compensation for losses and there is no government subsidy for premiums. This kind of insurance system works in Finland, in Germany and in France and in a fewer other developed countries. Private companies typic onlyy insure only plastered risks... ... as the reinsurer and they forming entire system and working with it. In this case state should have the role organizer and should put the first capital in this type of insurance companies. The main founders of this system should be the farmers, agricultural cooperatives and peasantry, and also the farmers who have the status of an independent legal entity. I think, taking into measure the situation of are in Georgia in this field, I mean, considering rude(a) climate risks, at least in the first stage of all crops and agricultural sectors to be insured should be mandatory for government. Also, it will be interesting to divide Georgia as western and eastern split and create the self-insurance funds or communities in these two regions. It will be more risk averse for farmers and it will diversify the risks. I will work to make deep this idea and apply to Georgia.