@article{Klimkowski:291488,
      recid = {291488},
      author = {Klimkowski, Cezary},
      title = {Perspectives of income stabilisation tool: the case of  Polish Agricultural Sector},
      journal = {Rural Areas and Development},
      address = {2014},
      number = {740-2019-3026},
      year = {2014},
      abstract = {Under the new financial framework for the period 2014 to  2020 the shape of Common Agricultural Policy (CAP) will  undergo several important changes. With regard to the risk  management policy new regulations allow every member state  to establish subsidized agricultural insurance scheme and  incorporate it into the European Union Rural Development  Policy (RDP). In this paper, financial consequences of  implementation Income Stabilisation Tools (IST) will be  evaluated. IST is one of three new instruments in RDP  supporting agricultural insurance. Farmers’ income risk  reduction and minimum insurance premium is assessed on the  basis of data collected by Farm Accountancy Data Network.  The analysis is preceded by presentation of theoretical  background and major problems of global and Polish  agricultural insurance market. Some disadvantages of  currently used traditional agricultural production  insurance schemes are also presented in the paper.},
      url = {http://ageconsearch.umn.edu/record/291488},
      doi = {https://doi.org/10.22004/ag.econ.291488},
}