We measure if and to what extent livestock sales during food shortages affect the wealth value of livestock. For this purpose we exploit monthly market prices of meat and staple foods in Malawi, for up to 72 locations (towns, villages and markets), for the period from January 1991 to December...

Since the 1960s, breakthroughs in agriculture have made it possible to satisfy the world's increasing requirements for food. Can this trend continue over the next thirty years when the world population is projected to exceed eight billion? This book takes a critical look at the immediate...