Ndirangu, Lydia K. - African Association of Agricultural Economists - AAAE - 2008
seasons likely to depress substantially the level of precautionary saving. The presence of HIV/AIDS illness lowers savings and … raises per capita consumption. While reduced savings may seem to jeopardize future investments, the rise in consumption when … consumption and therefore savings decline. As a consequence, consumption for the HIV-afflicted households is relatively more …