Dead Aid

Author: Dambisa Moyo
Publisher: Penguin UK
ISBN: 9780241959961
Release Date: 2011-08-11
Genre: Political Science

We all want to help. Over the past fifty years $1 trillion of 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. Dambisa Moyo's excoriating and controversial book 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. 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.

Dead Aid

Author: Dambisa Moyo
Publisher: Farrar Straus Giroux
ISBN: 1846140064
Release Date: 2009
Genre: Africa

THERE IS NO DOUBT: WE WANT TO HELP The well-documented horrors of extreme poverty around the world have created a moral imperative that people have responded to in their millions. Yet the poverty persists. At a time of unprecedented global prosperity, children are starving to death. Are we not being generous enough? Or is the problem somehow insoluble, an inevitable outcome of historical circumstance? In this provocative and compelling book, Dambisa Moyo argues that the most important challenge we face today is to destroy the myth that Aid actually works. In the modern globalised economy, simply handing out more money, however well intentioned, will not help the poorest nations achieve sustainable long-term growth. DEAD AID analyses the history of economic development over the last fifty years and shows how Aid crowds out financial and social capital and directly causes corruption; the countries that have 'caught up' did so despite rather than because of Aid. There is, however, an alternative. Extreme poverty is not inevitable. Dambisa Moyo also shows how, with improved access to capital and markets and with the right policies, even the poorest nations could be allowed to prosper. If we really do want to help, we have to do more than just appease our consciences, hoping for the best, expecting the worst. We need first to understand the problem.

Dead Aid

Author: Dambisa Moyo
Publisher: Farrar, Straus and Giroux
ISBN: 0374532125
Release Date: 2010-03-02
Genre: Political Science

A national bestseller, Dead Aid unflinchingly confronts one of the greatest myths of our time: that billions of dollars in aid sent from wealthy countries to developing African nations has helped to reduce poverty and increase growth. In fact, poverty levels continue to escalate and growth rates have steadily declined--and millions continue to suffer. Debunking the current model of international aid promoted by both Hollywood celebrities and policy makers, Dambisa Moyo offers a bold new road map for financing development of the world's poorest countries. Much debated in the United States and the United Kingdom on publication, Dead Aid is an unsettling yet optimistic work, a powerful challenge to the assumptions and arguments that support a profoundly misguided development policy in Africa. And it is a clarion call to a new, more hopeful vision of how to address the desperate poverty that plagues millions.

Edge of Chaos

Author: Dambisa Moyo
Publisher: Hachette UK
ISBN: 9780465097470
Release Date: 2018-04-24
Genre: Business & Economics

From an internationally acclaimed economist, a provocative call to jump-start economic growth by aggressively overhauling liberal democracy Around the world, people who are angry at stagnant wages and growing inequality have rebelled against established governments and turned to political extremes. Liberal democracy, history's greatest engine of growth, now struggles to overcome unprecedented economic headwinds--from aging populations to scarce resources to unsustainable debt burdens. Hobbled by short-term thinking and ideological dogma, democracies risk falling prey to nationalism and protectionism that will deliver declining living standards. In Edge of Chaos, Dambisa Moyo shows why economic growth is essential to global stability, and why liberal democracies are failing to produce it today. Rather than turning away from democracy, she argues, we must fundamentally reform it. Edge of Chaos presents a radical blueprint for change in order to galvanize growth and ensure the survival of democracy in the twenty-first century.

Winner Take All

Author: Dambisa Moyo
Publisher: Penguin UK
ISBN: 9780141971797
Release Date: 2012-06-28
Genre: Technology & Engineering

Our planet's resources are running out. The media bombards us with constant warnings of impending shortages of fossil fuels, minerals, arable land, and water and the political Armageddon that will result as insatiable global demand far outstrips supply. But how true is this picture? In Winner Take All, Dambisa Moyo cuts through the misconceptions and noise surrounding resource scarcity with a penetrating analysis of what really is at stake. Examining the operations of commodity markets and the geopolitical shifts they have triggered, she reveals the hard facts behind the insatiable global demand for economic growth. In this race for global resources, China is way out in front. China, Moyo reveals, has embarked on one of the greatest commodity rushes in history. Tracing its breathtaking quest for resources - from Africa to Latin America, North America to Europe - she examines the impact it is having on us all, and its profound implications for our future. What, Moyo asks, will be the financial and human effects of all this - and is large-scale resource conflict inevitable or avoidable? Instead of another polemic, Winner Take All is a clear-eyed look at the realities we all need to face if we want a just, balanced and peaceful global economy for the 21st century.

Why Africa is Poor

Author: Greg Mills
Publisher: Penguin Random House South Africa
ISBN: 9780143529033
Release Date: 2012-10-01
Genre: Political Science

Economic growth does not demand a secret formula. Good development examples now abound in East Asia and further afield in others parts of Asia, and in Central America. But why then has Africa failed to realise its potential in half a century of independence? Why Africa is Poor demonstrates that Africa is poor not because the world has denied the continent the market and financial means to compete: far from it. It has not been because of aid per se. Nor is African poverty solely a consequence of poor infrastructure or trade access, or because the necessary development and technical expertise is unavailable internationally. Why then has the continent lagged behind other developing areas when its people work hard and the continent is blessed with abundant natural resources? Stomping across the continent and the developing world in search of the answer, Greg Mills controversially shows that the main reason why Africa's people are poor is because their leaders have made this choice.

The Aid Trap

Author: R. Glenn Hubbard
Publisher: Columbia University Press
ISBN: 9780231519502
Release Date: 2009-08-31
Genre: Political Science

Over the past twenty years more citizens in China and India have raised themselves out of poverty than anywhere else at any time in history. They accomplished this through the local business sector the leading source of prosperity for all rich countries. In most of Africa and other poor regions the business sector is weak, but foreign aid continues to fund government and NGOs. Switching aid to the local business sector in order to cultivate a middle class is the oldest, surest, and only way to eliminate poverty in poor countries. A bold fusion of ethics and smart business, The Aid Trap shows how the same energy, goodwill, and money that we devote to charity can help local business thrive. R. Glenn Hubbard and William Duggan, two leading scholars in business and finance, demonstrate that by diverting a major share of charitable aid into the local business sector of poor countries, citizens can take the lead in the growth of their own economies. Although the aid system supports noble goals, a local well-digging company cannot compete with a foreign charity that digs wells for free. By investing in that local company a sustainable system of development can take root.

Famine Crimes

Author: Alexander De Waal
Publisher: James Currey Publishers
ISBN: 0852558104
Release Date: 1997
Genre: Political Science

Famine is preventable. The persistence of famine reflects political failings by African governments, western donors and international relief agencies.

How the West was Lost

Author: Dambisa Moyo
Publisher: Penguin UK
ISBN: 9780141042411
Release Date: 2012
Genre: Developed countries

We think we know what's coming. But is it already too late? How the West Was Lost is a wake-up call for all of us. Dambisa Moyo argues that during the last fifty years the most advanced countries on earth have squandered their advantage through fatally flawed policies: obsessing over property, ravenously consuming and building up debt instead of investing. Here Moyo outlines solutions that could help stem the tide. By rethinking many of the things we take for granted, she shows, it may yet be possible for the West to get back into the race. 'An outspoken iconoclast . . . Moyo shows well how fundamental economic liberalisation espoused by what she calls the profligate, greedy, self-interested West has come back to bite it.' Guardian 'Succinct and sophisticated . . . I applaud her brave alarum against our economic and social complacency.' Observer 'A well-reasoned look at how the world's most-advanced nations are squandering their economic lead . . . a prescription for stopping the rot.' Bloomberg 'Clear and brazen . . . This argument has rarely have been made more concisely.' The Times 'An economist who makes waves.' Sunday Telegraph

Ending Aid Dependence

Author: Yashpal Tandon
Publisher: Fahamu/Pambazuka
ISBN: 9781906387297
Release Date: 2008-01-01
Genre: Conditionality (International relations)

The author, Dr Yash Tandon, executive director of the South Centre, an intergovernmental think-tank of the developing countries, argues that ending aid dependence should be at the top of the political agenda of all countries. This will specially affect the present donor-dependent countries, in particular the poorer and vulnerable countries in Africa, Latin America, Asia and the Caribbean.

Does Foreign Aid Really Work

Author: Roger C. Riddell
Publisher: Oxford University Press
ISBN: 9780199544462
Release Date: 2008-08-07
Genre: Business & Economics

Provided for over 60 years, and expanding more rapidly today than it has for a generation, foreign aid is now a $100bn business. But does it work? Indeed, is it needed at all? In this first-ever, overall assessment of aid, Roger Riddell provides a rigorous but highly readable account of aid, warts and all.

Education and International Development

Author: Clive Harber
Publisher: Symposium Books Ltd
ISBN: 9781873927472
Release Date: 2014-05-05
Genre: Education

This book is a comprehensive introductory text for those beginning their studies of the complex yet fascinating area of education and international development. It sets out an overview of the main theories, ideologies and issues of education in developing countries, always with an eye to the contextual and practical realities of life in schools and other educational institutions. The book takes a balanced yet critical approach and examines both positive and negative aspects of the many relationships between education and development. It will be of use to undergraduate, master’s and doctoral students as well as to staff in higher education who teach on courses concerned with education and development and those who work in international institutions and non-governmental organisations.

Russia s Virtual Economy

Author: Clifford G. Gaddy
Publisher: Brookings Institution Press
ISBN: 0815731116
Release Date: 2002
Genre: Business & Economics

Clifford Gaddy's and Barry Ickes' thesis-- that Russia's economy is based on illusion or pretense about nearly every important economic yardstick, including prices, sales, wages and budgets-- has forced broad recognition of the inadequacies of the intended market reform policies in Russia and provided a coherent framework for understanding how and why so much of Russia's economy has resisted reform.

The Bright Continent

Author: Dayo Olopade
Publisher: HMH
ISBN: 9780547678337
Release Date: 2014-03-04
Genre: Political Science

“For anyone who wants to understand how the African economy really works, The Bright Continent is a good place to start” (Reuters). Dayo Olopade knew from personal experience that Western news reports on conflict, disease, and poverty obscure the true story of modern Africa. And so she crossed sub-Saharan Africa to document how ordinary people deal with their daily challenges. She found what cable news ignores: a continent of ambitious reformers and young social entrepreneurs driven by kanju—creativity born of African difficulty. It’s a trait found in pioneers like Kenneth Nnebue, who turned cheap VHS tapes into the multimillion-dollar film industry Nollywood. Or Ushahidi, a technology collective that crowdsources citizen activism and disaster relief. A shining counterpoint to conventional wisdom, The Bright Continent rewrites Africa’s challenges as opportunities to innovate, and celebrates a history of doing more with less as a powerful model for the rest of the world. “[An] upbeat study of development in Africa . . . The book is written more in wonder at African ingenuity than in anger at foreign incomprehension.” —The New Yorker “A hopeful narrative about a continent on the rise.” —The New York Times Book Review

The Road to Hell

Author: Michael Maren
Publisher: Simon and Schuster
ISBN: 9781439188415
Release Date: 2009-11-24
Genre: Political Science

A stunning personal narrative of best intentions gone awry, Michael Maren, at one time an aid worker and journalist in Somalia, writes of the failure of international charities. Michael Maren spent years in Africa, first as an aid worker, later as a journalist, where he witnessed at a harrowing series of wars, famines, and natural disasters. In this book, he claims that charities, such as CARE and Save the Children, are less concerned with relief than we think. Maren also attacks the United Nation's "humanitarian" missions are controlled by agribusinesses and infighting bureaucrats.