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

Dead Aid: Why aid is not working and how there is another way for Africa [Kindle Edition]

Dambisa Moyo
3.7 out of 5 stars  See all reviews (56 customer reviews)

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Product Description

Review

A damning assessment of the failures of sixty years of western development (Financial Times)

Kicks over the traditional piety that Western aid benefits the third world (Books of the Year Sunday Herald)

Dambisa Moyo makes a compelling case for a new approach (Kofi Annan)

Provocative ... incendiary ... a double-barrelled shotgun of a book (Daily Mail)

This reader was left wanting a lot more Moyo, a lot less Bono (Niall Ferguson)

Review

'Here is an African woman, articulate, smart, glamorous, delivering a message of brazen political incorrectness: cut aid to Africa ... her ideas deserve to be taken seriously'

Product details

  • Format: Kindle Edition
  • File Size: 311 KB
  • Print Length: 208 pages
  • Publisher: Penguin (11 Aug 2011)
  • Sold by: Amazon Media EU S.à r.l.
  • Language: English
  • ASIN: B005GET448
  • Text-to-Speech: Enabled
  • X-Ray:
  • Average Customer Review: 3.7 out of 5 stars  See all reviews (56 customer reviews)
  • Amazon Bestsellers Rank: #37,295 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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More About the Author

Dr. Dambisa Moyo is an international economist who writes on the macroeconomy and global affairs.

She is the author of the New York Times Bestsellers "Dead Aid: Why Aid Is Not Working and How There Is a Better Way for Africa", "How The West Was Lost: Fifty Years of Economic Folly - And the Stark Choices Ahead" and "Winner Take All: China's Race for Resources and What It Means for the World".

Ms. Moyo was named by Time Magazine as one of the "100 Most Influential People in the World", and was named to the World Economic Forum's Young Global Leaders Forum. Her work regularly appears in economic and finance-related publications such as the Financial Times and the Wall Street Journal.

She completed a doctorate in Economics at Oxford University and holds a Masters degree from Harvard University. She completed an undergraduate degree in Chemistry and an MBA in Finance at the American University in Washington D.C..


Customer Reviews

Most Helpful Customer Reviews
86 of 88 people found the following review helpful
4.0 out of 5 stars How can you argue with Western altruism? 12 Nov 2009
Format:Paperback|Verified Purchase
The popular conception of Africa is not a pretty one. We are bombarded with images of civil wars, corruption, senseless ethnic violence and mass-scale poverty. Small wonder then that we are driven by compassion to help those "poor Africans" caught in the quagmire of misery; indeed, our celebrity-obsessed culture has taken up the cause with programmes like Make Poverty History, Live Aid, and Bono's endless solicitations on behalf of Africans. But does all this aid work? In this book, Ms. Dambisa Moyo, a Zambian-born economist, challenges the supposed efficacy of aid and demonstrates that aid has failed miserably to deliver economic growth.

Ms. Moyo differentiates among three types of aid:
1. EMERGENCY HUMANITARIAN AID. This is needed in the aftermath of a disaster such as during the Asian tsunamis in 2004;
2. CHARITABLE AID. Administered by organisations like Oxfam, charitable aid is targeted to delivering specific public goods like building toilets for teenage girls in India; and
3. DEVELOPMENT AID. This is bilateral or multilateral (via the World Bank to African governments) aid, which is used to supplement government annual budgets.

Developmental aid forms the bulk share of total aid flows to Africa; therefore, Ms. Moyo focuses her criticism on development aid.

She begins the book with a credible overview of the history of development aid--from its conception at the Bretton Woods conference in 1947 through the oil crises of the mid 1970s to the fall of the Berlin Wall. She argues that development aid was conceived as a means to spur economic growth. Showing growth statistics for Africa in the 1970s and 80s, she conclusively demonstrates that aid-receiving African countries have not grown in the two decades.
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60 of 62 people found the following review helpful
Format:Paperback|Verified Purchase
Not long ago I went to a presentation of this book at the Danish Institute for International Studies (DIIS), and I have subsequently read the book.
If I had not been at the presentation, I would probably have rated the book lower; at the start of her presentation, Ms. Moyo said that the book was not an academic analysis, but was rather intended to create debate. With this in mind, the book is surely worth reading, since the debate on aid to poor countries is in much need of reflection and new ideas.
But that said, this is not such a great book, and its message is not new. In fact, the best thing about the book is its quite provocative premise that Ms. Moyo largely views aid as the cause of all of Africa's problems.

The first part of the book is a fine albeit superficial summary of the history of aid, and its problems in relation to Africa, where she argues that aid to Africa since the end of colonial times has been the major cause for increased poverty, lack of growth, corruption and bad governance, even conflict! This of course leads to the more or less explicit premise that aid should just be done away with (something that the book has been widely quoted for), but in selected parts of the book, you can see that she is not necessarily as extreme as she gives the impression of in that first part: "However worthwhile the goal to reduce and even eliminate aid is, it would not be practical or realistic to see aid immediately drop to zero. Nor, in the interim, it might be desireable." (page 76).
The main problem with the first part of the book is her lack of differetiating between different kinds of aid; she does a simplistic differentiation in the start of the book between humanitarian and NGO aid (regarding the latter, Ms.
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14 of 15 people found the following review helpful
3.0 out of 5 stars Insightful yet disappointing 25 April 2010
Format:Paperback
Excitedly, I bought this book - with no background in this field - willing to learn about 'why aid makes things worse and how there is another way for Africa'. I was impressed by Moyo's credentials and by the praise from Kofi Annan on the back cover (I subtly missed praise from the Daily Mail on the front cover). What I discovered was an intriguing, insightful and to all intents and purposes, a well-researched thesis (in response to other reviews on amazon) with interesting facts (e.g. there's direct correlation between the level of corruption and a country's GDP).... this is where my praise for this book ends.

I felt that Moyo used the most insidious form of manipulation by presenting only the facts which support her theory, conveniently omitting or playing down information inconsistent with her argument (e.g. Botswana). As a scientist, I want to see all the facts laid out on the table and hear a well informed thesis; this is not the case with Dead Aid. In addition, the concept and solution is dragged out over 150 pages where 50 would have sufficed: it is an essay at best. Moyo does not confront what I feel is the principal problem with African aid mismanagement (and is a central part of her argument): corruption, until a third of the way through the book. Finally, her arguments are not structured clearly, there is a degree of contradiction and too much financial jargon for the lay-person.

Overall, the subject and argument are interesting and I did learn about another way for Africa, even though personally I feel a little dubious about Moyo's proposed 'other way' and I felt more manipulated than persuaded.
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Most Recent Customer Reviews
4.0 out of 5 stars Dead Aid
Gives one food for thought about the affect Aid has on Africa. Very interesting read and easy to follow. Should be read by Aid Donors.
Published 16 days ago by Miss Y J Small
5.0 out of 5 stars Truth to powers that be...
Dambisa Moyo's book is a breath of fresh air to students humanities and social sciences. It provides an opportunity to consider what many would call the unthinkable: "Stop spoon... Read more
Published 6 months ago by mckenzieafrica
1.0 out of 5 stars Stupid, selfish
No one will doubt that Africa has been mismanaged. There have been poor leaders, selfish and greedy leaders, and it has been pillaged by the IMF and World Bank. Read more
Published 8 months ago by Zero
5.0 out of 5 stars Interesting!
A very interesting and eye-opening book, gives another perspective to Western thought development aid. Very recommendable if interested in development cooperation.
Published 9 months ago by AnnikaGo
1.0 out of 5 stars Sad and sickening
This book is a re-hash of what anybody living in Africa knew already and most of the rest of the world suspected. Read more
Published 11 months ago by Sue C
5.0 out of 5 stars Dead Aid
I am very interested in African issue. This book is a deep insight to the worldwide complexity of something that we call "aid". Read more
Published 11 months ago by myvoice
5.0 out of 5 stars Excellent book
This series of books were informative and well written. They are easy to read and understand, with the subject matter being covered in great depth.
Published 12 months ago by Mr. Graham L. Vine
5.0 out of 5 stars Concise and to the point
A very good book, a must read for anyone even remotely interested about foreign policy and Africa in general. Read more
Published 17 months ago by wayfarer84
4.0 out of 5 stars Good intro to the topic...
The major selling point of this book is that it is written by an African and more specifically an African Woman. Read more
Published 18 months ago by os
1.0 out of 5 stars provocative, dull and probably dumb
don't waste your time with this one. This is yet more carpet bagging by a Goldman Sachs alumnus. Yes aid is exploited and diverted, but that's not the root of the problem. Read more
Published 19 months ago by jt lon
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Popular Highlights

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The trouble with the aid-dependency model is, of course, that Africa is fundamentally kept in its perpetual childlike state. &quote;
Highlighted by 8 Kindle users
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What is clear is that democracy is not the prerequisite for economic growth that aid proponents maintain. On the contrary, it is economic growth that is a prerequisite for democracy; and the one thing economic growth does not need is aid. &quote;
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Another argument posited for Africa’s economic failures is the continent’s disparate tribal groupings and ethno-linguistic makeup. &quote;
Highlighted by 7 Kindle users

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