RISK MANAGEMENT IN ORGANIC FARMING

Author

Venelin Terziev (terziev@skmat.com), Ekaterina Arabska (katya.arabska@gmail.com) and Vesela Radovic (veselaradovic@yahoo.com)
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No 1003048, Proceedings of International Academic Conferences from International Institute of Social and Economic Sciences

Abstract: Considering organic production as a system of specific breeding or production of plants and animals, plant or animal products, processing and marketing, the paper discusses risk management in organic farming as a major task in sector development and management on different levels. The questions of risk management are concerned by the point of view that there should be a clear understanding of different sources and kinds of risks, as well as of the complexity of actions and responses. The study presents a summary of the risks in organic production, the relationship risk-profit and the process of risk management in organic farming.

Keywords: risk classification; risk management; risk communication; organic farming (search for similar items in EconPapers)
JEL-codes: P49 P49 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-agr and nep-rmg
Date: 2015-05
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Published in Proceedings of the Proceedings of the 15th International Academic Conference, Rome, May 2015, pages 1091-1100

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