Transcription of DEAD AID - gdsnet.org
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DEAD AID - gdsnet.org
DEADAIDWHYAIDISNOTWORKINGANDHOWTHEREISAB ETTERWAYFORAFRICAD ambisaMoyoFarrar,StrausandGirouxNewYorkF orewordbyNiallFergusonIthaslongseemedtom eproblematic,andevena littleembarrass-ing,thatsomuchofthepubli cdebateaboutAfrica' (PaulCollier,WilliamEasterly,JeffreySach s)totherockstars(Bono,BobGeldof), ,DambisaMoyoalsobringstohersubjecta rarecombinationofacademicexpertiseand're alworld' , ,shehasspenteighthighlysuccessfulyearsat GoldmanSachs, , ,asksMoyo,dothemajorityofsub-Saharancoun tries'flounderinaseeminglynever-endingcy cleofcorruption,disease,poverty,andaid-d ependency',despitethefactthattheircountr ieshavereceivedmorethanUS$300billioninde velopmentassistancesince1970, 'therichshouldhelpthepoor,andtheformofth ishelpshouldbeaid',therealityisthataidha shelpedmakethepoorpoorer, 'sstartlingwords:'Aidhasbeen,andcontinue stobe,anunmitigatedpolitical,economic,an dhumani-tariandisasterformostpartsofthed evelopingworld.
who reads Dead Aid will doubt that Dambisa Moyo's primary motivationis to reduce, nottoincrease, hardship. Thisis anAfrican. view of Africa's economic problems. The result is a book t~at manages to be, at one and the same time, hard-headedand bIg ...
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