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

Dambisa Moyo
3.8 out of 5 stars  See all reviews (60 customer reviews)
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Book Description

28 Jan 2010

Dambisa Moyo's Dead Aid reveals why millions are actually poorer because of aid, unable to escape corruption and reduced, in the West's eyes, to a childlike state of beggary.

We all want to help. Over the past fifty years $1 trillion of development aid has flowed from Western governments to Africa, with rock stars and actors campaigning for more. But this has not helped Africa. It has ruined it.

Dead Aid shows us another way. Using hard evidence to illustrate her case, Moyo shows how, with access to capital and with the right policies, even the poorest nations can turn themselves around. First we must destroy the myth that aid works - and make charity history.

'Articulate, self-confident and angry ... this book marks a turning point'
  Spectator

'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'
  Sunday Herald Books of the Year

'Dambisa Moyo makes a compelling case for a new approach'
  Kofi Annan

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

Dambisa Moyo worked at Goldman Sachs for eight years, having previously worked for the World Bank as a consultant. Moyo completed a PhD in Economics at Oxford University, and holds a Masters from Harvard University Kennedy School of Government. Her other books include Winner Take All and How the West was Lost. She was born and raised in Lusaka, Zambia.


Frequently Bought Together

Dead Aid: Why aid is not working and how there is another way for Africa + The Bottom Billion: Why the Poorest Countries are Failing and What Can Be Done About It + The White Man's Burden: Why the West's Efforts to Aid the Rest Have Done So Much Ill And So Little Good
Price For All Three: 20.97

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Product details

  • Paperback: 208 pages
  • Publisher: Penguin (28 Jan 2010)
  • Language: English
  • ISBN-10: 0141031182
  • ISBN-13: 978-0141031187
  • Product Dimensions: 13.2 x 19.7 cm
  • Average Customer Review: 3.8 out of 5 stars  See all reviews (60 customer reviews)
  • Amazon Bestsellers Rank: 6,496 in Books (See Top 100 in Books)

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..

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' --This text refers to an out of print or unavailable edition of this title.

Inside This Book (Learn More)
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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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Customer Reviews

Most Helpful Customer Reviews
89 of 91 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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61 of 63 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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6 of 6 people found the following review helpful
1.0 out of 5 stars Sad and sickening 15 May 2013
By Sue C
Format:Paperback
This book is a re-hash of what anybody living in Africa knew already and most of the rest of the world suspected. No self-respecting author would cite Wikipedia as a source so that immediatley turned me off. The suggestion that China is in Africa to do business compared to the West's supposedly entirely evil agenda is just laughable. China is here to tie up resources at the cheapest price possible and create strategic leverage; and China is as corrupting as the West, if not more so. But what got me most was the suggestion that only the evil West (read "white") is responsible for corrupting the Africa continent. I find that an appallingly patronising and juvenile response - to deny Africans have any internal morality. Africans need to take responsibility for their lives, their governments and their countries. Indeed Africans are perfectly capable of doing this but because of people like Moyo and the horrible donor aid business forever telling them they are victims, they often lack the confidence or the conviction or whatever. Of course many are uneducated and just trying to get by. But there are many who just shrug and say "what can we do?" Well there is lots ordinary people can do and even more that the educated middle class can do if they stop for one minute and stop thinking about their own advancement. Whilst we can indeed question the motives behind donor aid and the effects of it, we must also demand that Africans rise to the challenge of connecting with their internal morality in a true partnership to move this beautiful continent forward. Moyo needs to address Africa finding its own solutions in Africa.
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Most Recent Customer Reviews
4.0 out of 5 stars Find Out Why and How Aid Fails
Good service. Interesting insight on how aid is wasted or a negative force abroad.
Published 9 days ago by Telthecelt
5.0 out of 5 stars Five Stars
great
Published 18 days ago by FrancisKy
5.0 out of 5 stars A wonderful book
One of the best books in the world.
Published 1 month ago by Lorelei
4.0 out of 5 stars Essential reading for the charity minded
Clear writing with lots of statistics from a Ugandan female writer who clearly knows her stuff. Will the West take notice?
Published 3 months ago by CR Quick
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 4 months 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 10 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 13 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 14 months ago by AnnikaGo
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 16 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 16 months ago by Mr. Graham L. Vine
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