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Dead Aid

What Happened to the Portcullis?

Dead Aid - Dambisa MoyoFollowing my recent post – Want to Help? Shut up and listen! – I thought it appropriate to share a link to the referenced book “Dead Aid” by Zambian born economist Dambisa Moyo.

In Dead Aid, Dambisa Moyo describes the state of postwar development policy in Africa today and unflinchingly confronts one of the greatest myths of our time: that billions of dollars in aid sent from wealthy countries to developing African nations has helped to reduce poverty and increase growth. 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 Africans? No. In fact, across the continent, the recipients of this aid are not better off as a result of it, but worse—much worse.

In fact, poverty levels continue to escalate and growth rates have steadily declined—and millions continue to suffer. Provocatively drawing…

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Categories: General
  1. December 15, 2012 at 9:22 am

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  2. December 23, 2012 at 8:56 pm

    Great article.

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