The effect of livestock theft on household poverty in developing countries: The case of Lesotho

Stellenbosch Working Paper Series No. WP02/2009
 
Publication date: 2009
 
Author(s):
[protected email address] (Department of Economics, University of Stellenbosch)
[protected email address] (Department of Economics, University of Stellenbosch)
 
Abstract:

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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The most anticipated data release of the week was yesterday's US GDP print, which created more turmoil than usual by not meeting expectations. Growth was much weaker than expected in Q1, while price pressure remained red hot. Meanwhile, the local data calendar was quiet, with a slight acceleration in factory gate inflation and a welcome uptick in the...

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