Dead Aid: Why Aid Is Not Working and How There Is a Better Way for Africa

Dambisa Moyo Farrar Straus Economics English Paperback 9780374532123

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9780374532123
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Pages	:	208
Release Date	:	02 March 2010
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Dimension	:	13.59 x 1.4 x 20.83 cm
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ISBN-10/SKU/ASIN	:	0374532125
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A national bestseller, Dead Aid 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 fact, poverty levels continue to escalate and growth rates have steadily declined―and millions continue to suffer. Debunking the current model of international aid promoted by both Hollywood celebrities and policy makers, Dambisa Moyo offers a 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.

Dambisa Moyo is the author of How the West Was Lost and Dead Aid. Born and raised in Lusaka, Zambia, Moyo completed a Ph.D. in economics at Oxford University and holds a master’s from Harvard University’s John F. Kennedy School of Government. She worked for the World Bank as a consultant, and also worked at Goldman Sachs for eight years. In 2009, Time magazine named her one of the “100 most influential people in the world.” Her writing frequently appears in publications including the Financial Times, The Economist, and The Wall Street Journal.

Niall Ferguson is Professor of Political and Financial History, Jesus College, Oxford. Excerpt. © Reprinted by permission. All rights reserved. Dead AidWhy Aid Is Not Working and How There Is a Better Way for AfricaBy Moyo, DambisaFarrar, Straus and GirouxCopyright © 2010 Moyo, Dambisa
All right reserved.
ISBN: 9780374532123
Introduction We live in a culture of aid. We live in a culture in which those who are better o. subscri