6 of 6 people found the following review helpful
A scathing expose,
This review is from: Lords of Poverty: The freewheeling lifestyles, power, prestige and corruption of the multibillion dollar aid business (Paperback)
Truly a scathing expose of the world of International Development. Graham Hancock, who worked in Africa as a journalist at the time of the famine in Ethiopia, focuses on what he call Development Inc., the World Bank and the ever-gwoing conglomerate of UN organisations dedicated to "helping the poor". He shows how the taxpayer's money is funnelled back to large Western corporations through large-scale development schemes, and how African dictators help themselves unhindered to large dollops of aid money. He demonstrates how aid money is in fact a transfer from the poor of developed countries to the rich of developing countries, and ultimately to the rich of the of developed world, all in name of "helping the poor".
A very courageous effort that has conveniently been ignored by development experts. Although 20 years have passed since its publication, it is -unfortunately- still very relevant.