Dead Aid Why Aid Is Not Working and How There Is a Better Way for Africa (PDF)

  • Hardcover
  • 188
  • Dead Aid Why Aid Is Not Working and How There Is a Better Way for Africa
  • Dambisa Moyo
  • English
  • 23 December 2020
  • 9780374139568

Dambisa Moyo ↠ 7 Read

characters Dead Aid Why Aid Is Not Working and How There Is a Better Way for Africa ✓ eBook, PDF or Kindle ePUB Crease growth In fact poverty levels continue to escalate and growth rates have steadily declined and millions continue to suffer Provocatively drawing a sharp contrast between African countries that have rejected the aid route and prospered and others that have become aid dependent and seen poverty increase Moyo illuminates the way in which overreliance on aid has trapped developing nations in a vicious circle of aid dependency corruption market distortion and further poverty leaving them with nothing but the “need” for aid Debunking the current model of i. Africa is this huge Africa shaped continent south of Eurasia and kind of east of South America It s well known for many reasons such as elephants lions but not tigers or bears and cheetahs It s the place where modern hominins evolved yet now millions of years later it is one of the most impoverished places on Earth Of course I m 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 convenient political fiction There is such a diversity of nations people languages cultures and societies in Africa Some countries are prospering even as they deal with a crisis in HIVAIDS Some countries are mired in years of dictatorial rule torn by civil war hungry from years of regular famineOf course you already know this It s hard not to know it though it might slip to the back of our incre

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

characters Dead Aid Why Aid Is Not Working and How There Is a Better Way for Africa ✓ eBook, PDF or Kindle ePUB Nternational aid promoted by both Hollywood celebrities and policy makers Moyo offers a bold new road map for financing development of the world’s poorest countries that guarantees economic growth and a significant decline in poverty without reliance on foreign aid or aid related assistance 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 hopeful vision of how to address the desperate poverty that plagues millio. I don t think the author ever really made the case for her proposal She did however make some fairly compelling critiues of an aid model which may or may not reflect current realityMy biggest disappointment is that her proposals chiefly financing through bonds and FDI while interesting are tossed out as though their benefits are self evident There were scattered sentences here and there which could have formed the nucleus of arguments for her position but these often appeared late in the book and almost as asidesRegarding bonds her chief arguments seem to be1 the free market would be less tolerant of corruption and better at discovering honest partners than aid directors2 FDI is somehow immune to corruptionNeither of these arguments is supported in depth In addition regarding FDI she doesn t give a credible explanation for how this model works for the vast majority of African nation

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characters Dead Aid Why Aid Is Not Working and How There Is a Better Way for Africa ✓ eBook, PDF or Kindle ePUB In the past fifty years 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 worseIn 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 in. An extremely neoliberal approach to the problem of development in AfricaWritten by a Zambian economist educated in the UK US you can tell the book outlines both the problems with current aid to Africa and suggests how the market can offer a better solutionIt was an extremely interesting read not least the chapter on China however there is no disguising that it is a very one sided view of the problems facing Africa Noting the issues with infrastructure and liuidity Moyo offers market based solutions for Africa to help itself by tracking various market mechanisms and their effect on the fictional country of Donga This was my problem with the book Despite being written by an African Economist I think it gave a very narrowminded perspective of development A lot of the suggestions are difficult to implement and whilst I m sure the economic solutions would work I felt that Moyo underestim