Review: Dead Aid by Dambisa MoyoMadeleine Bunting is alarmed by a book that argues against giving aid to Africa. 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 . Dead Aid, a book by economist Dambisa Moyo, claims that aid is the cause of all of Africa’s problems. While ONE has never argued that.
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The road to ruin
In one of the most unconvincing sections, she argues that it is aid which causes corruption and conflict, and aid which inhibits social capital and foreign investment. Retrieved 19 May Retrieved 3 July Wikiquote has quotations related to: Dambisa Moyo at LinkedIn.
But the huge flaws of the emerging economies are ignored. Moyo’s third book, Winner Take All: In particular, it explores the implications of China’s rush for natural resources across all regions of the world.
This page was last edited on 25 Decemberat Retrieved 4 June The keys to success in many Asian countries were the role of a strong, interventionist state that nurtured industry and an elite who invested in their own country: This is Moyo at her weakest; she is an economist by training and her grasp of the political economy of Africa is lamentable.
She believes in the private sector and free enterprise. It has become fashionable to attack aid to Africa; an overdose of celebrity lobbying and compassion fatigue have prompted harsh critiques of what exactly aid has achieved in the past 50 years. Farrar, Straus and Giroux, Time to turn off the aid tap?
She has written for international financial and economic journals and other periodicals and publications, and has lectured worldwide at some of the world’s financial and economic summits, forums and conferences, as well daed at numerous venues including TEDTalks and BBC ‘ s HARDtalk.
Retrieved from ” https: There are so many generalisations skidding over decades moho history, such frequent pre-emptory glib conclusions, that it is likely to leave you dizzy with silent protest. Colonialism is treated similarly. A Response to Jeffrey Sachs”. The result is an erratic, breathless sweep through aid history and current policy options for Africa, sprinkled with the odd statistic. He claimed to have read the book and stated “books like that — they’re promoting ddabia.
Despite being poorly argued, Dead Aid will boost Moyo’s profile.
Dead Aid | Dambisa Moyo
Dead Aid offers a disastrous history of how aid was used as a tool of the cold war. What she doesn’t acknowledge is that these trade injustices are the target of vociferous campaigns by organisations such as Oxfam – organisations that represent the western liberalism she excoriates while relying heavily on their data. Retrieved 20 May Retrieved 13 November Retrieved 30 May The New York Times.
One suspects that behind this book is a remarkable woman with an impressive career and very little time for learning how to write a good book.
In other projects Wikimedia Commons Wikiquote. In a interview Bill Gates was asked for his views on Dead Aid ‘ s illustration that aic to African governments has not alleviated poverty but has instead kept the African economy crippled rather than supporting sustainable African business.
Retrieved 21 July O, The Oprah Magazine. Moyo’s first book, Dead Aid: