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Research On The Sustainable Development Of Agricultural Insurance In China

Posted on:2016-12-16Degree:MasterType:Thesis
Country:ChinaCandidate:Y QieFull Text:PDF
GTID:2309330467989604Subject:Finance
Abstract/Summary:PDF Full Text Request
Agriculture is the basic industry of our national economy, to develop agricultureis very important to the national economy and the people’s livelihood, but, because ofthe weakness of agriculture, agriculture has many risks in circulation process ofreproduction. As one of the principal measures that governments around the worldsupport and remain, agricultural insurance has a vital significance in transferringdiversifying risks.In recent years, the government highly values the development of agricultureinsurance, the central file has been focusing on the agriculture insurance for12consecutive years since2004,《Some suggestions about innovating and speedingup the modern system of agriculture》which has be announced in2015, strengthen therole of agriculture insurance in developing agriculture and shifting agriculture riskand supporting the farmers’ incomes, The Suggestions are more aware of theimportance of agriculture insurance in agricultural production, then, the governmentsIncrease subsidies in agriculture insurance.By CIRC and some departments’ combined efforts, our agriculture insurance hasgotten great achievements. In2014, the revenues of our agriculture insurance was32.57billion Yuan, the insurance density was52.65Yuan per person, the agricultureinsurance provides a effective support in1.66trillion Yuan for0.247billionpolicy-holders, provides the damages of21.46billion for30million policy-holders,the agriculture insurance played a role in supporting and benefiting farmers. Atpresent, our agriculture insurance market is NO.1in Asia and NO.2in the world,however, there are some questions in agriculture insurance, for instance, the gapbetween agriculture insurance and total insurance, the financial subsidies was notperfect; the agriculture insurance products could not satisfy farmers’ demands; thesystem of catastrophe risk in agriculture insurance was inadequate; the managementof agriculture insurance was not normal, etc.In this Paper, I use the theoretical method to analyze the achievements of agricultural insurance by econometric model, The result of the empirical method saysthat the development of agriculture insurance with the rates of agriculture insurance,the level of communities consumption, the primary industrial added value, the policysupports, are positive correlated, the development of agriculture insurance and thespending of government in agriculture and the family disposable incomes in ruralareas are negative correlations.This paper puts forward effective advices in sustained development ofagriculture insurance, including improving rules of agriculture insurance andfinancial subsidies and product design, building the risk safeguard system,standardizing the operation sequence of agriculture insurance, promotingthe modernization of agriculture, cultivating the scientifical consuming judgments, etc.In the background of new normal economy, I bring up the theory suggestions ofimproving the agricultural insurance, those are very important to promote the healthydevelopment for agricultural economy; ensure the country food security.
Keywords/Search Tags:Agriculture insurance, Business model, Fiscal subsidies, Catastropherisk
PDF Full Text Request
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