Dead Aid

| July 27, 2010

Title: Dead aid: why aid is not working and how there is a better way for Africa
Author: Dambisa Moyo
Publisher: New York: Farrar, Straus and Giroux, 2009
Check It Out: HC800 .M69 2009

From the Publisher: 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 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. ..

About the Author: Dambisa Moyo worked at Goldman Sachs for eight years. Previously she worked for the World Bank as a consultant. Moyo completed a Ph.D. in economics at Oxford University….

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