Innovative Development of Microinsurance in Uzbekistan

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Shodimurod Tukhtamishev

Abstract

Microinsurance is an effective means of providing social guarantees to low-income workers of the informal sector. Thus, it can contribute to closing the gap in coverage of existing social protection schemes in developing countries. Empirical studies in India and Bangladesh show that microinsurance can have a significant positive effect on all relevant indicators of multidimensional poverty. In addition, microinsurance can play an important role in the empowerment and participation of its members.

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How to Cite

Tukhtamishev, S. (2024). Innovative Development of Microinsurance in Uzbekistan. Excellencia: International Multi-Disciplinary Journal of Education (2994-9521), 2(5), 1110-1114. https://doi.org/10.5281/

References

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