Policy Insights in Agriculture

When designed well, insurance does protect small-scale farmers from adverse weather events, but farmers have low demand for these products at market prices. New technologies and climate-smart agricultural practices can reduce farmers’ risk exposure and increase their climate resiliency. More...

In the face of weather shocks, improved agricultural technologies and techniques, financial services, and social assistance programs can improve the resilience of small-scale farmers. These tools can help farmers prevent crop losses, avoid consumption cuts or sales of productive assets, or even...

Agricultural extension services can be improved by leveraging tools like information and communication technologies, trainer incentives, or social learning to support small-scale farmers’ decisions to invest in new, profitable practices. Extension programs that target both male and female members of...

Despite making investments in technologies and practices to improve the quality of their products, smallholder farmers in low- and middle-income countries do not often receive higher prices for their higher-quality agricultural goods. Disorganized markets with many intermediaries may make quality...

Offering savings products to smallholder farmers did not transform agricultural investment or output in six studies in sub-Saharan Africa. In a few cases, savings products sometimes benefited farmers by providing a form of risk protection and by helping them smooth consumption over time.

Increasing access to traditional microcredit has had limited impacts on smallholder farmers’ profitability in randomized evaluations in developing countries. Demand for new offers of credit was low, ranging from 17 to 33 percent, and even when farmers used traditional credit products to invest in...