Agricultural and rural development interventions and poverty reduction: Global evidence from 16 impact assessment studies

Agricultural and rural development interventions can reduce global poverty by providing growth-oriented tools, including access to finance, training, and markets. While such interventions effectively reduce monetary poverty (e.g., $1 a day poverty line), there is increasing interest in incorporating non-monetary poverty indicators, such as education, health, and living standards, to capture inherent multidimensionality in poverty. This study analyzes data from 16 impact evaluation studies conducted between 2019 and 2023 to examine whether and to what extent agricultural and rural development interventions affect multidimensional poverty of small-scale producers. Our analysis shows a 4 percent reduction in multidimensional poverty for treatment households compared to comparison households. Our findings suggest that agricultural and rural development interventions play a positive role in reducing poverty and have the potential to improve the long-term wellbeing of poor households.