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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This is a must-read. And even as someone “educated” I majored in economics and finance and have a grad degree in urban planning and policy I still kept thinking there is no way we can cut off aid because so many people are counting on it Despite being poorly argued, Dead Aid will boost Moyo’s profile.
It does lead to a lot of corruption and gives leaders a reason to continue fighting for power. A convincing presentation, however, would require much more empirical data and analysis in order to substantiate the claims. Oct 13, Elliard Shimaala rated it really liked it Shelves: In a review, Paul Collier stated that “her diagnosis of the recent disasters in financial markets is succinct and sophisticated”, and “I applaud her brave alarum against our economic and social complacency: Moyo seems smart as a whip with courage of her convictions and a fierce loyalty to her homeland, Zambia, and to sub-Saharan Africa generally.
The Elusive Quest for Growth: I liked this book a whole lot. Her style is a real problem–she slides from analysis to polemic without transition so that it is sometimes difficult to tell whether she is asserting an opinion or citing evidence based findings. Interestingly, one of Moyo’s biggest problems with aid is the lack of conditionality attached to it. Add a dose of microfinance, some remittances from the growing African diaspora and some borrowing on the international bond market – and hey presto!
The book consolidated her career of traveling worldwide investigating and analyzing economic conditions and writing about her conclusions. While we should not abandon Africa and ad it to its own devices, it is clear that the deadd system does ,oyo work.
She bases her findings on well documented data, and arranges it in quite an easy-to-read volume. Colonialism is treated similarly.
In particular, it explores the implications of China’s rush for natural resources across all regions of the world. Like any addict it needs and depends on its regular fix, finding it hard, if not impossible, to contemplate existence in an aid-less world.
Explore the Home Gift Guide. Whether you agree with Moyo’s reasoning or not, you have to seriously question the solutions she proposes.
Review: Dead Aid by Dambisa Moyo | Books | The Guardian
I am not an economist and most of the dambbisa was lost to me. And here is how. Recommended only as a quick primer for some of the main disputes in the foreign policy and humanitarian nexus. Time and again, she fails to grapple with the single biggest factor determining the poverty of the continent – how the state functions, and has failed to function. Retrieved 19 May What happens when a country gets dambixa aid? Using dependable statistics, Moyo argues that government-to-government or bilateral aid which should dexd distinguished from charity-based aid to Africa undermines the ability of Africans to conceptualize their own best economic and political policies.
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I’m not sure because she never explains this. The book mainly consists of some mainstream free market e As the title suggests, Dambisa Moyo’s argument is that not only is foreign aid in Africa not working, it is actually the main cause of Africa’s failure to reach its full economic and social potential.
Mlyo read the book. Dambisa Moyo and Dr.
The road to ruin
It’s too bad, because my sense is that some of her analysis is probably right. Apr 10, Liz rated it really liked it Shelves: According to her, the Initial intentions of aid were good but with the passage of time, I bought this book when it was making a buzz around the world and now it has become another great piece of workable solutions for Africa heading straight to the archives of our public libraries.
In a interview Bill Gates was asked for his views on Dead Aid ‘ s illustration that aid to African governments has not alleviated poverty but has instead kept the African economy crippled rather than supporting sustainable African business.