МЕТОДИЧЕСКИ АСПЕКТИ ПРИ ОПРЕДЕЛЯНЕ НА АГРАРНИЯ РИСК
METHODOLOGICAL ASPECTS IN DEFINING THE RISK IN AGRICULTURE

Author(s): Pavel Sheytanov
Subject(s): Economy, Agriculture
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: agricultural risk management; risk assessment; methodology.
Summary/Abstract: The agricultural sector is very comprehensive, and because of its essence and dynamics it can be defined as a highly risky sector. The developing uncertainties, risks and crisis originating from the natural environment, technology, economic and political environment and not least globalization constitute new challenges that the risk management in the sector is facing. The improvement of this process (risk management) will bring better results not only in economic and social aspects, but it will also enhance the sustainability in agriculture.To manage the risk is important to be defined and valued it through different methods. The measurement of the risk is carried out based on different parameters from previous periods. Since, not all of the methods are using the same criteria there is a precondition for variations in the outcome.The main aim of the paper is to analyze and assess various methods for measuring the risk that are applicable for the agricultural sector in Bulgaria as well as to draw conclusions for their implementation together with their abilities and limitations. The gathered information is based on the result of a PhD thesis related to the risk management in agriculture as well project NID.

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