Death to Aid

New School Thoughts on Africa

In this audio commentary, we reflect on the work of Dambisa Moyo and her book Dead Aid – Why Aid isn’t Working and Why There is a Better Way for Africa. A Harvard and Oxford educated economist hailing from Zambia, Moyo sees aid as a problem that is hurting the economic growth of African nations. Though not against humanitarian aid, she sees large government to government loans and grants, as roadblocks to positive economic development in countries throughout the continent. In her New York Times Best Seller she explains her stance on why aid breeds corruption and the ways that celebrities have created negative images of Africa. She believes all aid to Africa should be cut over the next 5 to 10 years. These countries should instead access the bond market, set up microfinance opportunities, work with China and have increase opportunities for trade and investment. Only with…

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