Business and Livelihoods in African Livestock : Investments to Overcome Information Gaps
This paper investigates how the development of the livestock sector can contribute to economic growth and poverty reduction in the continent, with the ultimate objective of identifying major information gaps critical to designing and implementing successful livestock sector policies and investments. As a first step, the paper presents an analysis of African consumption of animal-source foods. This is rapidly growing and is forecast to continue doing so. It therefore provides opportunities for demand-led growth. This focus is distinct from the more traditional, production-oriented entry point. To understand opportunities for poverty reduction, this paper reviews both the quantitative and qualitative dimensions of African markets for livestock products, in this case animal-source foods. Second, rather than exploring production and productivity constraints, which are known to a large extent, the paper focuses on the incentives that rural households have to invest in their livestock to overcome those constraints. Indeed, farmers often fail to adopt readily available technologies. To analyze incentives, the paper reviews two intertwined dimensions of households' livestock activities, namely herd and flock size and livestock-derived income. The paper concludes by identifying investment priorities for improving the quantity and quality of livestock information so that decision makers will be better able to formulate and implement investments in the livestock sector that effectively contribute to economic growth and poverty reduction.
Summary: | This paper investigates how the
development of the livestock sector can contribute to
economic growth and poverty reduction in the continent, with
the ultimate objective of identifying major information gaps
critical to designing and implementing successful livestock
sector policies and investments. As a first step, the paper
presents an analysis of African consumption of animal-source
foods. This is rapidly growing and is forecast to continue
doing so. It therefore provides opportunities for demand-led
growth. This focus is distinct from the more traditional,
production-oriented entry point. To understand opportunities
for poverty reduction, this paper reviews both the
quantitative and qualitative dimensions of African markets
for livestock products, in this case animal-source foods.
Second, rather than exploring production and productivity
constraints, which are known to a large extent, the paper
focuses on the incentives that rural households have to
invest in their livestock to overcome those constraints.
Indeed, farmers often fail to adopt readily available
technologies. To analyze incentives, the paper reviews two
intertwined dimensions of households' livestock
activities, namely herd and flock size and livestock-derived
income. The paper concludes by identifying investment
priorities for improving the quantity and quality of
livestock information so that decision makers will be better
able to formulate and implement investments in the livestock
sector that effectively contribute to economic growth and
poverty reduction. |
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