DEAD AID

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Dead Aid

Author : Dambisa Moyo
ISBN : 9780241959961
Genre : Political Science
File Size : 53.25 MB
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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.
Category: Political Science

Dead Aid

Author : Dambisa Moyo
ISBN : 1846140064
Genre : Africa
File Size : 81.90 MB
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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.
Category: Africa

Dead Aid

Author : Dambisa Moyo
ISBN : 0141031182
Genre : Social Science
File Size : 74.53 MB
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'Articulate, self-confident and angry . . . this book marks a turning point' Spectator 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. '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
Category: Social Science

Dead Aid

Author : Dambisa Moyo
ISBN : 0374139563
Genre : Political Science
File Size : 75.34 MB
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Describes the state of postwar development policy in Africa that has channeled billions of dollars in aid but failed to either reduce poverty or increase growth, offering a hopeful vision of how to address the problem.
Category: Political Science

How The West Was Lost

Author : Dambisa Moyo
ISBN : 9781429988483
Genre : Business & Economics
File Size : 80.1 MB
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In How the West Was Lost, the New York Times bestselling author Dambisa Moyo offers a bold account of the decline of the West's economic supremacy. She examines how the West's flawed financial decisions have resulted in an economic and geopolitical seesaw that is now poised to tip in favor of the emerging world, especially China. Amid the hype of China's rise, however, the most important story of our generation is being pushed aside: America is not just in economic decline, but on course to become the biggest welfare state in the history of the West. The real danger is a thome, Moyo claims. While some countries – such as Germany and Sweden – have deliberately engineered and financed welfare states, the United States risks turning itself into a bloated welfare state not because of ideology or a larger vision of economic justice, but out of economic desperation and short-sighted policymaking. How the West Was Lost reveals not only the economic myopia of the West but also the radical solutions that it needs to adopt in order to assert itself as a global economic power once again.
Category: Business & Economics

Winner Take All

Author : Dambisa Moyo
ISBN : 9780465029327
Genre : Business & Economics
File Size : 72.16 MB
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Commodities permeate virtually every aspect of modern daily living, but for all their importance—their breadth, their depth, their intricacies, and their central role in daily life—few people who are not economists or traders know how commodity markets work. Almost every day, newspaper headlines and media commentators scream warnings of impending doom--shortages of arable land, clashes over water, and political conflict as global demand for fossil fuels outstrips supply. The picture is bleak, but our grasp of the details and the macro shifts in commodities markets remain blurry. Winner Take All is about the commodity dynamics that the world will face over the next several decades. In particular, it is about the implications of China’s rush for resources across all regions of the world. The scale of China’s resource campaign for hard commodities (metals and minerals) and soft commodities (timber and food) is among the largest in history. To be sure, China is not the first country to launch a global crusade to secure resources. From Britain’s transcontinental operations dating back to the end of the 16th century, to the rise of modern European and American transnational corporations between the mid 1860’s and 1870’s, the industrial revolution that powered these economies created a voracious demand for raw materials and created the need to go far beyond their native countries. So too is China’s resource rush today. Although still in its early stages, already the breadth of China’s operation is awesome, and seemingly unstoppable. China’s global charge for commodities is a story of China’s quest to secure its claims on resource assets, and to guarantee the flow of inputs needed to continue to drive economic development. Moyo, an expert in global commodities markets, explains the implications of China’s resource grab in a world of diminishing resources.
Category: Business & Economics

The Aid Trap

Author : R. Glenn Hubbard
ISBN : 9780231519502
Genre : Political Science
File Size : 38.26 MB
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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& mdash;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.
Category: Political Science

Dambisa Moyo S Claim Of Dead Aid Is Aid Really Deadly

Author : Johann Murauer
ISBN : 9783656934745
Genre : Social Science
File Size : 59.38 MB
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Seminar paper from the year 2011 in the subject Sociology - Political Sociology, Majorities, Minorities, grade: 1, University of Linz (Institut für Soziologie), course: Seminar: Analysis of Societal Dynamics, language: English, abstract: Dambisa Moyo argues in her book "Dead Aid" that systematic aid given to African countries has terrible effects and should be stopped; she regards aid as the problem, not the solution to development issues. Her reasoning is based on the arguments of aid supporters. She tries to demonstrate that these arguments are wrong and that aid is therefore harmful. In this paper Moyo's arguments are analysed and some weaknesses are highlighted. It is also shown that empirical times series data from the World Bank and the United Nations Development Programme (UNDP) do not prove Moyo's conclusion. Although there are problems related to aid, a different approach to solving the problem is suggested. Instead of stopping aid, a better way to overcome some side effects would be the negotiating of goals and the conditionality of aid in a partnership before aid starts, as proposed in the Poverty Reduction Strategy Papers.
Category: Social Science

Damned Nations

Author : Samantha Nutt
ISBN : 9780771051463
Genre : Political Science
File Size : 62.76 MB
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In 1995, twenty-five-year-old Samantha Nutt, a recent medical-school graduate and a field volunteer for UNICEF, touched down in Baidoa, Somalia, the "City of Death." What she saw there would spur her on to a lifetime of passionate advocacy for children and families in war-torn areas around the world. Damned Nations is the brilliant distillation of Dr. Nutt's observations over the course of fifteen years providing hands-on care in some of the world's most violent flashpoints, all the while building the world class non-profit War Child North America. Combining original research with her personal story, it is a deeply thoughtful meditation on war as it is being waged around the world against millions of civilians -- primarily women and children. Nutt's boundless energy, dedication, and compassion shine through on every page as she lays out real, lasting solutions to these problems and shows how to move beyond outdated notions of charity towards a more progressive, inclusive, and respectful world view.
Category: Political Science

The Electric Kool Aid Acid Test

Author : Tom Wolfe
ISBN : 031242759X
Genre : History
File Size : 40.74 MB
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Describes the escapades of Ken Kesey and the Merry Pranksters, a drug-saturated group of hippies who get in and out of trouble with the law.
Category: History