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Item:Dead Aid: Why Aid Is Not Working and How There Is a Bet

Dead Aid: Why Aid Is Not Working and How There Is a Bet

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Item specifics - Nonfiction Books
Author: Dambisa MoyoPublisher: Farrar Straus & Giroux
ISBN-10: 0374139563Subject: Law & Government
ISBN-13: 9780374139568Topic: --
Format: HardcoverLanguage: English
Publication Year: 2009Condition: Acceptable
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Synopsis
With the approach of the 25th anniversary of the legendary Live Aid concert of 1985, music fans will likely be re-living the memory of watching unforgettable performances by Paul McCartney, The Who, Led Zeppelin, Madonna, and U2. Perhaps some will wonder what ever happened to some of the less notable performers, such as the Thompson Twins, the Boomtown Rats, and Spandau Ballet. Unfortunately, few are likely to speculate on the whereabouts or the lasting effects of the 30-40 million dollars that was raised for Africa by the concert. Dambisa Moyo, a former consultant for the World Bank, presents a startling argument that Live Aid and other mass donations of funds to Africa have only exacerbated the poverty and strife of the continent. Moyo incisively explains that those donations are inevitably funneled into the coffers of dictators and corrupt political officials, thus furthering the gap between the classes and encouraging more crime and violence among the people. The constant flow of money from the west has by now become an expected source of revenue for many African nations, a certainty that increases the likelihood that the funds will be mismanaged, wasted, and embezzled.

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Length:188 pages
Height:8.5 in.
Width:5.8 in.
Thickness:1.0 in.
Weight:11.2 oz.

Industry reviews
"In a tightly argued brief, Ms. Moyo spells out how attempts to help Africa actually hurt it. The aid money pouring into Africa, she says, underwrites brutal and corrupt regimes; it stifles investment; and it leads to higher rates of poverty -- all of which, in turn, creates a demand for yet more aid."
 (03/17/2009)

"Dambisa Moyo is ready with evidence to back up her lengthy indictment of foreign aid as the source of bad government....There is a lot to this argument. Foreign assistance in the past has simply fueled the patronage machine and helped keep corrupt rulers in power in places like Somalia and Equatorial Guinea."
 (05/04/2009)

"Dambisa Moyo's brief polemic DEAD AID is sharpening the discussion about how sub-Saharan Africa might gain a modicum of prosperity....{H]er provocative book underscores the need to see the continent's problems through the eyes of Africans - and to consider the unintended consequences of policies that make sense to well-meaning Western donors."
 (05/25/2009)


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Dead Aid: Why Aid Is Not Working and How There Is a Better Way for Africa 

                                      

0374139563

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Dambisa Moyo

Farrar, Straus and Giroux

2009-03-01

18.00

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 Debunking the current model of international aid promoted by both Hollywood celebrities and policy makers, Moyo offers a bold new road map for financing development of the world's poorest countries

 

 

 

 

 

 

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