Dead Aid: Why aid is not working and how there is another way for Africa

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ISBN 10: 1846140064 / ISBN 13: 9781846140068

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About this Item

Dead Aid: Why aid is not working and how there is another way for Africa This book is in very good condition and will be shipped within 24 hours of ordering. The cover may have some limited signs of wear but the pages are clean, intact and the spine remains undamaged. This book has clearly been well maintained and looked after thus far. Money back guarantee if you are not satisfied. See all our books here, order more than 1 book and get discounted shipping.

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Bibliographic Details

• Title: Dead Aid: Why aid is not working and how there is another way for Africa
• Publisher: -
• ISBN 10: 1846140064
• ISBN 13: 9781846140068
• Binding: Paperback
• Condition: Very Good

About this title

Synopsis

There is no doubt: we want to help.

The well-documented horrors of extreme poverty around the world have created a moral imperative that people have responded to in their millions.

Yet the poverty persists. At a time of unprecedented global prosperity, children are starving to death. Are we not being generous enough? Or is the problem somehow insoluble, an inevitable outcome of historical circumstance?

In this provocative and compelling book, Dambisa Moyo argues that the most important challenge we face today is to destroy the myth that Aid actually works. In the modern globalized economy, simply handing out more money, however well intentioned, will not help the poorest nations achieve sustainable long-term growth. Dead Aid analyses the history of economic development over the last fifty years and shows how Aid crowds out financial and social capital and feeds corruption; the countries that have 'caught up' did so despite rather than because of Aid.

There is, however, an alternative. Extreme poverty is not inevitable. Dambisa Moyo shows how, with improved access to capital and markets and with the right policies, even the poorest nations can prosper.

If we really do want to help, we have to do more than just appease our consciences, hoping for the best, expecting the worst. We need first to understand the problem.

About the Author

Dambisa Moyo is a Global Economist at an Investment Bank in London. She previously worked at the World Bank in Washington DC. A native of Zambia, Southern Africa, Dambisa holds a Doctorate in Economics from Oxford University and a Masters from Harvard University.

Dambisa has spoken on issues of Aid, Debt and Poverty in developing countries at conferences including at the World Economic Forum in Davos Switzerland in 2005.

Dambisa lives in London. Dead Aid is her first book.