Dead Aid: Why Aid Is Not Working and How There Is a Better Way for Africa
In Dead Aid, Dambisa Moyo describes the state of postwar development policy ...more
There is no quest ...more
Written by a Zambian economist - educated in the UK & US (you can tell) - the book outlines both the problems with current aid to Africa and suggests how the market can offer a better solution.
It was an extremely interesting read - not least the chapter on China - however, there is no disguising that it is a very one-sided view of the problems facing Africa. Noting the issues with infrastructure and liquidity, Moyo offers m ...more
Her primary thesis is that not only has aid not helped to end poverty (a view also held by William Easterly: The White Man's Burden and The Elusive Quest for Growth, Peter Bauer, and others) but on balance, aid does more harm than good.
Moyo has a PhD in economics, interestingly obtained under the tutelage of foreign aid advocate, Dr. Paul Collier (The Bottom Billion).
The book is short and quickly glosses over multiple topics. For someone unfamilia ...more
My biggest disappointment is that her proposals (chiefly financing through bonds and FDI) while interesting are tossed out as though their benefits are self-evident. There were scattered sentences here and there which could have formed the nucleus of arguments for her position, but these often appeared late in the ...more
When I first heard this I thought it sounded nuts and tot ...more
This is an interesting and provocative thesis, and one that certainly challenges allot of mainstream thinking. However, if you are expecting that Dr. Moyo will challenge conventional thinking with some hard evidence, you may be dissapointed. The book mainly consists of some mainstream free market e ...more
It is unfortunate that Moyo allowed Niall Ferguson who is somet ...more
I personally contend that the issue is with the conditions that come with aid and the thieves we have for leaders. With better leaders aid can be used to develop countries especially considering that the aid ...more
It's crazy how Dambisa argues for China as the savior of Africa and calls for Africa borrowing, while she annihilates the World Bank for doing exactly the same thing on even more lenient terms than the banks that she argues for..
The really shocking thing was that she argues against aid ineffectiveness and all its flaws, but barely mentions accountability of African politicians as part of the equation, she compl ...more
1/ How to best act on our social responsibility for a more equal & prosperous life for all, regardless of what continent we where born on. Based on this book its not going to be aid (probably so popular as its easy to comprehend and act on for us individuals)
2/ Taking a look at home it begs the need to look at EU’ ...more
[Through my ratings, reviews and edits I'm providing intellectual property and labor to Amazon.com Inc., listed on Nasdaq, which fully owns Goodreads.com and in 2013 posted revenues for $74 billion and $274 million profits. Intellectual property and labor require compensation. Amazon.com Inc. is also requested to provide assurance that its employees and contractors' work conditions meet the highest h ...more
Dr. Dambisa Moyo is an international economist who writes on the macroeconomy and global affairs.
She is the author of the New York Times Bestsellers "Dead Aid: Why Aid Is Not Working and How There Is a Better Way for Africa", "How The West Was Lost: Fifty Years of Economic Folly And the Stark Choices Ahead" and "Winner Take All: China s Race for Resources and What It Means for the World".