Malawi has a unique commodity exchange (Comex) landscape with two commodity exchanges: the Agriculture Commodity Exchange (ACE) and Auction Holdings Commodity Exchange (AHCX). The country also has two Warehouse Receipts Systems (WRS) plus a parallel system of direct collateral financing through commercial banks. The volumes traded on the Comex and WRS are only a small […]
Working Paper 24: Examining Perceptions of Food Assistance on Household Food Security and Resilience in Malawi
A critical issue in Malawi is determining how aid can be improved to ensure food security and nutrition of those who need it most, when they need it most. Humanitarian aid has played an important role in alleviating hunger during emergencies, such as the 2015 floods or the 2016 El Niño-related droughts. The Government of Malawi and development partners recognize […]
Working Paper 22: Impacts of the 2016/17 Food Insecurity Response Program on Maize Prices in Malawi
In early 2016, Malawi suffered its second consecutive year of harvest failure. An emergency was declared in April 2016 and the resulting humanitarian response, known as the Food Insecurity Response Program (FIRP), was of unprecedented scale: almost 40 percent of the population received in-kind food or cash transfers (or both) at an estimated cost of […]
Working Paper 17: Localized public investment and agricultural performance in Malawi: An econometric approach
Using panel data econometric techniques, this paper evaluates how public expenditure influences agricultural performance at the district level in Malawi by empirically estimating localized expenditure multipliers for the districts. The results of the analysis show that public expenditures in agriculture have generally been positive, with variable impacts on agricultural growth at the district level. The […]
Working Paper 16: Discretionary maize policy interventions in Malawi: An impact analysis of export bans and minimum farm gate price
This study assesses the efficacy of maize export bans in improving food security in Malawi and of minimum farm gate prices in increasing the incomes of Malawian smallholder farmers. It relies primarily on price and trade flow analysis using secondary data. In brief, the analysis shows that neither tool has been particularly effective in recent […]
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