The effect of livestock theft on household poverty in developing countries: The case of Lesotho
Stellenbosch Working Paper Series No. WP02/2009Publication date: 2009
Author(s):
[protected email address] (Department of Economics, University of Stellenbosch)
While livestock theft in Lesotho is primarily caused by increased poverty among unemployed workers and drought stricken crop farmers, its effect on stock farmers can be devastating. It reduces the affected households’ own consumption of both the “returns” on their wealth, e.g. milk and wool, and of wealth itself, e.g. meat and hides. In addition, it restricts their ability to sell their returns and wealth in the market place and use the proceeds to acquire other food and non-food products. Some policy implications are also highlighted.
JEL Classification:D11, O12, Q12
Keywords:Livestock theft, Lesotho, own consumption, animal products, diversified farming, nutritional status, human capital, HIV/AIDS
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16 May 2025 Trade truce lifts markets, SA braces for winter load-shedding and budget reckoningThis week, data showed that South Africa’s unemployment rate rose in 2025Q1, with net job losses compared to 2024Q4. Meanwhile, mining output improved in March but declined overall for the quarter. In the US, inflation eased to a four-year low, while Germany’s economic sentiment rebounded sharply. The UK economy posted impressive growth in Q1; however,...
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