In the past fifty years, more than $1 trillion in development-related aid has been transferred from rich countries to Africa. Has this assistance improved the lives of . Moyo’s first book, Dead Aid: Why Aid Is Not Working and How There is Another Way for Africa (), argues that. Mountains Beyond Mountains by Tracy Kidder Poor Economics by Abhijit V. Banerjee Half the Sky by Nicholas D. Kristof Dead Aid by Dambisa Moyo The.
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A national bestseller, Dead Aid unflinchingly confronts one of the greatest myths of our time: Debunking the current model of international aid promoted by both Hollywood celebrities and policy makers, Dambisa Moyo offers omyo bold new road map for financing development of the world’s poorest countries. Much debated in the United States and the United Kingdom on publication, Dead Aid is an unsettling yet optimistic work, a powerful challenge to the assumptions and arguments that support a profoundly misguided development policy in Africa.
And it is a clarion call to a new, more hopeful vision of how to address the desperate poverty that plagues millions. Here is a refreshing voice. What makes Dead Aid so powerful is that it’s a double-barrelled shotgun of a book.
With the first barrel, Moyo demolishes all the most cherished myths about aid being a good thing.
The road to ruin
But with the second, crucially, she goes on to explain what the West could be doing instead. Here is an African woman, articulate, smart, glamorous, delivering a message of brazen political incorrectness: Aid, she argues, has not merely failed to work; it has zid Africa’s problems.
Moyo cannot be dismissed as a crank.
She catalogues evidence, both statistical and anecdotal. The core of her argument is that there is a better alternative [and it deserves] deead be taken seriously. Her message is that Africa’s time is now. It is time for Africans to assume full control over their economic and political destiny.
Africans should grasp the many means and opportunities available to them for improving mojo quality of life. Dambisa is hard–perhaps too hard–on the role of aid. But her central point is indisputable.
The determination of Africans, and genuine partnership dambida Africa and the rest of the world, is the basis for growth and development. Dead Aid calls for a new way of thinking. After unraveling the myth created by many policymakers and celebrities that Africa simply needs more charity, Moyo poses a series of hopeful alternatives. Moyo iad with both cultural and academic authority, unpacking the full nature of poverty and its regional impact.
This book offers a fresh insight into the plight of poverty and a vision for developmental change–the kind of change that could help millions.
Dambisa Moyo – Wikipedia
Moyo has shown brilliantly that Western aid, governmental or non-governmental, couldn’t help Africa in regard to transforming to a better form of social organization, by which innovation and technological development become possible. Moyo shows the strong correlation between increasing aid dependency, corruption and the nature of government structures in many African countries. In general Moyo’s book is a very challenging book, and addresses our problems.
It confronts those aid gurus, like Prof. Jeffrey Sachs, who manipulate the African leaders with their neo-liberal agendas. It is a very good starting point for further discussion, and can contribute to eliminating confusing ideas. Born and raised in Lusaka, Zambia, Moyo completed a Ph. Kennedy School of Government. She worked for the World Bank as a consultant, and also worked at Goldman Sachs for eight years. InTime magazine named her one of the ” most influential people in the world. Would you like to tell us da,bisa a lower price?
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Review: Dead Aid by Dambisa Moyo | Books | The Guardian
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This is a must-read.
Granted, Moyo is doubtless receiving more press simply because she is a black African female giving a fairly conservative opinion of aid. Others have been saying this same thing for a long time, but it’s often disregarded as an excuse for saving money or keeping help from the poor.
I live and work in Haiti, and this is completely as applicable to this country as it is to Africa, although the Chinese influence doesn’t apply here.
I recommend this for all aid workers, and really anyone connected with emerging or not economies. Aid is a bad thing! Of course, Moyo doesn’t go quite that far, but I certainly do. She bases her findings on well documented data, and arranges it in quite an easy-to-read volume.
I’m looking forward to more works by her. Kindle Edition Verified Purchase. As always, a thoroughly researched book with an air of authority that could only come from an African talking about affairs related to Dambisa argues that in studying the data it becomes obvious that aid, especially without an end datedoes not improve any economy and never will. In fact it has the opposite effect by promoting corruption, a lack of accountability and political wars by those jostling to be the atop of the funnel for free money.
She argues that a better way is for African governments to pursue funding from the Capital markets, drop inefficient trade barriers between each other in the continent, stimulate intra trade as the West and Europe are not our friends, see China for the friend it is and develop infrastructure.
These all require obtaining credit ratings, fiscal discipline, attempts at good governance etc. When you squander aid money, more will come next year. When you squander money obtained from issuing bonds and world investors, good luck getting more for another decade.
This is the essence of this book. You can feel how close to her heart writing this book is becausewhile currently a little outdated, she has noted that for too long the debate around how to fix the problems in Africa has been dominated by white Non-african males. I can’t write my opinions without creating conflict with a bunch of aid industry people who would argue ’til the cows come home. We have decades of history to make the case that this author does, though, and when you look back at aid’s track record, it speaks for itself when you ignore the cherry-picked metrics used by the aid industry and look at the big picture.
I’ve already said too much. Just read the book. It’s quick, it’s well-written, it’s easy to understand if you have a modicum of understanding of finance. Considered and critical view of foreign aid to Africa and why such aid must stop as it is applied today.
Moyo has examined why foreign aid does not work, has not worked, and will not work in the future to alleviate poverty in Africa.
The book is written for lay persons such as myself but it is replete with cases studies and references sufficient enough for any academic. This should be read by anyone in government aid and anyone considering trying to help the poor. The book offers hope for the future and it lays out a clear and simple plan of action. I wish Ms Moyo was in the US State Department instead of the career bureaucrats there now who have wasted billions of US aid dollars only to make things worse for those who need help the most.
One person found this helpful. Waste of money, ironically. Previous 1 star reviews fairly sums up book. I add my astonishment at Dr.
After ‘Dead Aid’ I felt that magnificent education had been hijacked by an opportunist “flimflam man woman “. And worse for it having “validated?
Are we really this gullible? Dambisa Moyo’s masterpiece is an economic blueprint intended to serve as a paradigm for weaning Africa off the debilitating dambida syndrome that has kept the continent in perpetual economic stagnancy for decades.
Using dependable statistics, Moyo argues that government-to-government or bilateral aid which should be distinguished from charity-based aid to Africa undermines the ability of Africans to conceptualize their own best economic and political policies.
As she dambosa it: It is itself an underlying cause of social unrest and possibly even civil war. Moyo notes that the “prospect of seizing power and gaining access to unlimited aid wealth is irresistible.