Cover image for Dead aid : why aid makes things worse and how there is another way for Africa
Title:
Dead aid : why aid makes things worse and how there is another way for Africa
Author:
Moyo, Dambisa.
ISBN:
9780141031187
Personal Author:
Publication Information:
London : Penguin, 2010, c2009.
Physical Description:
xx, 188 p. ; 20 cm.
General Note:
First published: London : Allen Lane, 2009.
Contents:
Part I. The world of aid -- 1. The myth of aid -- 2. A brief history of aid -- 3. Aid is not working -- 4. The silent killer of growth -- Part II. A world without aid -- The Republic of Dongo -- 5. A radical rethink of the dependency model -- 6. A capital solution -- 7. The Chinese are our friends -- 8. Let's trade -- 9. Banking on the unbankable -- Dongo revisited -- 10. Making development happen.
Abstract:
"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 <U+2018>caught up<U+2019> 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." -- Back Cover.
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