DEAD AID DAMBISA MOYO PDF

Shelves: from-library , non-fiction , economics , read Africa is this huge, Africa-shaped continent south of Eurasia and kind of east of South America. Its well known for many reasons, such as elephants, lions but not tigers or bears , and cheetahs. Its the place where modern hominins evolved yet now, millions of years later, it is one of the most impoverished places on Earth. Of course, Im speaking broadly here. As anyone who has actually done much work on or in Africa will tell you, and as Dambisa Moyo points out in her book, Africa is a Africa is this huge, Africa-shaped continent south of Eurasia and kind of east of South America. There is such a diversity of nations, people, languages, cultures, and societies in Africa.

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Shelves: from-library , non-fiction , economics , read Africa is this huge, Africa-shaped continent south of Eurasia and kind of east of South America. Its well known for many reasons, such as elephants, lions but not tigers or bears , and cheetahs. Its the place where modern hominins evolved yet now, millions of years later, it is one of the most impoverished places on Earth.

Of course, Im speaking broadly here. As anyone who has actually done much work on or in Africa will tell you, and as Dambisa Moyo points out in her book, Africa is a Africa is this huge, Africa-shaped continent south of Eurasia and kind of east of South America.

There is such a diversity of nations, people, languages, cultures, and societies in Africa. Some countries are mired in years of dictatorial rule, torn by civil war, hungry from years of regular famine. Of course, you already know this. What if sending less aid is the solution? Yet there are also some readily apparent arguments for her thesis. Secondly, there are many countries that have received metaphorical truckloads of money—yet their citizens remain in poverty, their infrastructure is underdeveloped, and their government officials are corrupt.

Do I believe her? Honestly, economics is still over my head, despite the fact that I can run circles around the differential equations it employs. By the way, if you do understand the economics behind the math, then Moyo can hook you up: Dead Aid is full of statistics and figures and a cogent at least from my limited perspective analysis of the facts. For instance, it is outrageous that countries in Africa often have to borrow more money i.

If we give aid because we have this idea that all the African countries need is enough money to get them standing on their own, then that idea is wrong. I think Moyo is right, however, when she conjectures that we often give aid because it is habitual and because it looks good. Giving aid can also be competitive; no one wants to be the first country to stop giving aid! So just as the African countries are trapped in a vicious cycle, so too are the governments and organizations dedicated to helping them.

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

But in a misguided attempt to appeal to an increasingly progressive readership it has masqueraded itself as revolutionary. Dambisa Moyo One person found this helpful. What is clear is that democracy is not the prerequisite for economic growth deax aid proponents maintain. 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.

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Criticism 1 — Aid does not bring about economic growth At the end of chapter 3 — Aid is not working, Moyo starts to outline her basic criticism of Aid — This basic criticism being that aid has not effectively promote economic growth in Africa — Over 1 trillion dollars has been pumped into Africa over the past 60 years and there is little to show for it. In fact, according to Moyo, aid is malignant, it is the problem! He manufactures around nets a week. He employs 10 people, who each have to support upwards of 15 relatives. However hard they work, they cannot make enough nets to combat the malaria-carrying mosquito. With the market flooded with foreign nets, however, our mosquito net maker is promptly out of business.

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