Dead Aid: Why Aid is Not Working and how There is Another Way for AfricaProvocatively drawing a sharp contrast between African countries that have rejected the aid route and prospered and others that have become aid-dependent and seen poverty increase, Moyo illuminates the way in which overreliance on aid has trapped developing nations in a vicious circle of aid dependency, corruption, market distortion, and further poverty, leaving them with nothing but the “need” for more aid. |
Contents
A Brief History of Aid | 10 |
Aid is Not Working | 29 |
The Silent Killer of Growth | 48 |
Copyright | |
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Other editions - View all
Dead Aid: Why Aid is Not Working and how There is Another Way for Africa Dambisa Moyo No preview available - 2009 |
Common terms and phrases
Africa African countries aid-dependency amount average benefits better billion bond borrowing capital cash cent China Chinese civil continent corruption costs country's course debt default demand democracy depend developing countries domestic Dongo donors economic growth effects emerging environment estimated Europe example exports financing five flows foreign aid funds global growing important improve income increase industry infrastructure institutions interest investment investors issue least lend lender less levels live loans markets Marshall means ment Nigeria offer past Plan political poor poor countries population poverty President problems production programme projects raised rates reasons received reduce remains remittances risk savings sector social South South Korea structure success sustainable trade transfers United West Western World Bank Zambia