THE RISK OF TRANSFER OF GENES IN THE INSURANCE PROTECTION OF AGRICULTURAL PRODUCERS

The paper deals with the risk of transfer of genes, its impact, and possible consequences for agricultural producers; the possibility of creating an insurance service, to address this risk. The purpose of the paper is to disclose the results of a study of the risk of transfer of genes in agriculture...

Full description

Bibliographic Details
Main Author: Henrikh Hudz
Format: Article
Language:English
Published: Izdevnieciba “Baltija Publishing” 2017-09-01
Series:Baltic Journal of Economic Studies
Subjects:
Online Access:http://www.baltijapublishing.lv/index.php/issue/article/view/210/pdf
_version_ 1818085706715627520
author Henrikh Hudz
author_facet Henrikh Hudz
author_sort Henrikh Hudz
collection DOAJ
description The paper deals with the risk of transfer of genes, its impact, and possible consequences for agricultural producers; the possibility of creating an insurance service, to address this risk. The purpose of the paper is to disclose the results of a study of the risk of transfer of genes in agriculture when organizing insurance coverage. The tasks of this paper are: to clarify the essence of genetic engineering as an object of providing insurance services; to define the concept of risk of transfer of genes, its specific features, impact, and possible consequences for agricultural producers; carry out a description of the possibility of creating an insurance service about the risk of transfer of genes. The object of the study is the risk of transfer of genes in insurance protection. The subject of the study is theoretical and methodological approaches to optimizing the risk of transfer of genes in insurance protection. Methodology. This work requires attracting a large number of scientists from different fields. Legal Aspects covered in the EU Regulation Terms №1829/2003 and 1830/2003 of the European Parliament and Council. A considerable attention to the legislative regulation of genetic engineering and risks in the use of genetic modification is given to the Cartagena Protocol on Biosafety. It should be noted that at present, economic literature and especially publications related to agricultural insurance protection do not pay attention to the risks associated with the transfer of transgenic organisms and the possibility of taking this risk to insurance. The work uses the experience of the US Department of Agriculture and the European Center for Insurance Legislation. The results of the study showed that the introduction of the insurance mechanism has the main difference in the fact that this operation takes into account as a person who suffered a loss, could get more profit than the fact of causing damage to another farmer. In this regard, the first option of insurance may be the liability insurance of the latter. In any case, the insurance mechanism can combine risks in a large group of enterprises or individual farmers that are prone to it and this group can be expanded by separate provisions or by law. Also, features of coverage of losses from the risk of gene transfer, namely, a separate factor – cross-pollination, are considered.
first_indexed 2024-12-10T20:14:03Z
format Article
id doaj.art-7c5583f2ded44c73bc11d65451dbcbe6
institution Directory Open Access Journal
issn 2256-0742
2256-0963
language English
last_indexed 2024-12-10T20:14:03Z
publishDate 2017-09-01
publisher Izdevnieciba “Baltija Publishing”
record_format Article
series Baltic Journal of Economic Studies
spelling doaj.art-7c5583f2ded44c73bc11d65451dbcbe62022-12-22T01:35:14ZengIzdevnieciba “Baltija Publishing”Baltic Journal of Economic Studies2256-07422256-09632017-09-0134455210.30525/2256-0742/2017-3-4-45-52THE RISK OF TRANSFER OF GENES IN THE INSURANCE PROTECTION OF AGRICULTURAL PRODUCERSHenrikh HudzThe paper deals with the risk of transfer of genes, its impact, and possible consequences for agricultural producers; the possibility of creating an insurance service, to address this risk. The purpose of the paper is to disclose the results of a study of the risk of transfer of genes in agriculture when organizing insurance coverage. The tasks of this paper are: to clarify the essence of genetic engineering as an object of providing insurance services; to define the concept of risk of transfer of genes, its specific features, impact, and possible consequences for agricultural producers; carry out a description of the possibility of creating an insurance service about the risk of transfer of genes. The object of the study is the risk of transfer of genes in insurance protection. The subject of the study is theoretical and methodological approaches to optimizing the risk of transfer of genes in insurance protection. Methodology. This work requires attracting a large number of scientists from different fields. Legal Aspects covered in the EU Regulation Terms №1829/2003 and 1830/2003 of the European Parliament and Council. A considerable attention to the legislative regulation of genetic engineering and risks in the use of genetic modification is given to the Cartagena Protocol on Biosafety. It should be noted that at present, economic literature and especially publications related to agricultural insurance protection do not pay attention to the risks associated with the transfer of transgenic organisms and the possibility of taking this risk to insurance. The work uses the experience of the US Department of Agriculture and the European Center for Insurance Legislation. The results of the study showed that the introduction of the insurance mechanism has the main difference in the fact that this operation takes into account as a person who suffered a loss, could get more profit than the fact of causing damage to another farmer. In this regard, the first option of insurance may be the liability insurance of the latter. In any case, the insurance mechanism can combine risks in a large group of enterprises or individual farmers that are prone to it and this group can be expanded by separate provisions or by law. Also, features of coverage of losses from the risk of gene transfer, namely, a separate factor – cross-pollination, are considered.http://www.baltijapublishing.lv/index.php/issue/article/view/210/pdfrisk of transfer of genesagricultural producerinsurance protectioncrop insurance
spellingShingle Henrikh Hudz
THE RISK OF TRANSFER OF GENES IN THE INSURANCE PROTECTION OF AGRICULTURAL PRODUCERS
Baltic Journal of Economic Studies
risk of transfer of genes
agricultural producer
insurance protection
crop insurance
title THE RISK OF TRANSFER OF GENES IN THE INSURANCE PROTECTION OF AGRICULTURAL PRODUCERS
title_full THE RISK OF TRANSFER OF GENES IN THE INSURANCE PROTECTION OF AGRICULTURAL PRODUCERS
title_fullStr THE RISK OF TRANSFER OF GENES IN THE INSURANCE PROTECTION OF AGRICULTURAL PRODUCERS
title_full_unstemmed THE RISK OF TRANSFER OF GENES IN THE INSURANCE PROTECTION OF AGRICULTURAL PRODUCERS
title_short THE RISK OF TRANSFER OF GENES IN THE INSURANCE PROTECTION OF AGRICULTURAL PRODUCERS
title_sort risk of transfer of genes in the insurance protection of agricultural producers
topic risk of transfer of genes
agricultural producer
insurance protection
crop insurance
url http://www.baltijapublishing.lv/index.php/issue/article/view/210/pdf
work_keys_str_mv AT henrikhhudz theriskoftransferofgenesintheinsuranceprotectionofagriculturalproducers
AT henrikhhudz riskoftransferofgenesintheinsuranceprotectionofagriculturalproducers