This paper reviews recent advances in, and challenges for, weather index insurance for managing drought risk in smallholder agriculture, with a focus on sub-Saharan Africa. Despite its promise to integrate local agricultural risk smoothing with insurance principles, there remain many challenges...

This paper reviews recent advances in, and challenges for, weather index insurance for managing drought risk in smallholder agriculture, with a focus on sub-Saharan Africa. Despite its promise to integrate local agricultural risk smoothing with insurance principles, there remain many challenges...

We analyze the factors influencing farmer’s diversification decisions while taking into account the simultaneous decision making. Using a national data on farm-level in the US and a multivariate analysis, our study suggests that agricultural, structural, environmental, and income...