Ellis, Frank; Manda, Elizabeth - In: World Development 40 (2012) 7, pp. 1407-1417
This paper examines seasonal food price crises in Malawi. In the 2000s, Malawi experienced three episodes in which seasonal maize prices rose in 2001–02, 2004–05, and 2007–09 by 354%, 218%, and 395%, respectively. These extreme price spikes resulted from a sequential interaction of...