U.S. farm policy has undergone a series of premium subsidy increases since 1994 to make crop insurance more affordable to farmers. Previous research shows that subsidized crop insurance may cause farmers to shift or expand their production.
Zambia has experienced strong economic performance since 1999. However, agriculture has not performed as well as the rest of the economy, and although the incidence of poverty has declined, it still remains high.
Agricultural growth offers a potentially powerful poverty reduction in Africa. In a continent where 70 percent of the poor work in agriculture, an upsurge in farm productivity contributes directly to broad increases in rural income.