Selloane Khoabane () (Department of Economics, University of Stellenbosch) Philip Black () (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.
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Publisher Info
Paper provided by Stellenbosch University, Department of Economics in its series Working Papers with number
02/2009.