Conspicuous consumption, specialised consumption of high visibility but without apparent economic benefit, is reducing investment in productive assets and thus hindering economic development in low-income countries. In previous research, the phenomenon was commonly explained by status-seeking...

Purpose: Lack of access to credit is commonly held responsible for slow agricultural and rural development in low- and middle-income countries. This paper aims to investigate the contribution of demand- and supply-side factors, particularly the role of risk rationing, on credit application and...

Frequent climate shocks require farmers in developing countries to increase their resilience. Although index insurance is often discussed as a promising climate adaptation strategy, take-up rates are still low. This study primarily explores the role of peer behavior as peer imitation in the...

Die gegenwärtige Dürresituation in Deutschland entwickelte sich in diesem Sommer zu einem der meistdiskutierten Themen und merkliche Ernteeinbußen werden in der Landwirtschaft erwartet. Während Dürren in Deutschland erst jetzt in den Fokus der öffentlichen Wahrnehmung gerückt sind, leiden...

Der Krieg in der Ukraine hat die seit zwei Jahren bestehende angespannte Versorgungslage auf den internationalen Agrarrohstoffmärkten nochmals verstärkt. Die Preise für Agrarrohstoffe, wie Getreide und Pflanzenöle, übersteigen schon seit Herbst 2021 die Hochpreisniveaus der Nahrungskrisen...

The war in Ukraine has aggravated existing tensions on the agricultural commodities market. Since late 2021, prices for commodities such as grains and vegetable oils have reached record highs, surpassing even the levels of the global food price crises of more than a decade ago. Now, the invasion...

Any calls to move towards a centrally planned economy or autarky are strongly advised against, as this would only be to the detriment of food security in the Global South.