Dead Aid: Why Aid is Not Working and how There is a Better Way for Africa

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Douglas & Mcintyre, 2010 - 188 pages

The provocative New York Times and Globe and Mail bestseller offers a controversial road map to address the desperate poverty in Africa.

The subject of a media blitz, Dead Aidcontinues to generate heated debate in the aid community. Bono's organization, one, organized a campaign against the author, Dambisa Moyo, who was chosen by Timemagazine as one of the 100 most influential people of 2009. In the past 50 years, more than $1 trillion in aid has gone to Africa. In this "incendiary new book" (Daily Mail), Moyo offers a bold new road map for financing development of the world's poorest countries that guarantees economic growth and a significant decline in poverty-without reliance on foreign aid. Dead Aidis an unsettling yet optimistic work, a powerful challenge to the assumptions and arguments that support a profoundly misguided postwar development policy in Africa.

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About the author (2010)

Dambisa Moyo received an undergraduate degree in chemistry and an MBA in finance from American University, an MPA from Harvard University, and a PhD in economics from Oxford University. She was a consultant for the World Bank and an investment banker specializing in emerging markets at Goldman Sachs. She has written several books including Dead Aid: Why Aid Is Not Working and How There Is a Better Way for Africa, How the West Was Lost: Fifty Years of Economic Folly--and the Stark Choices Ahead, and Winner Take All: China's Race for Resources and What It Means for the World. Her work regularly appears in economic and finance-related publications including the Financial Times, the Economist, and the Wall Street Journal. In 2009, she was named by Time as one of the 100 Most Influential People in the World and was named to the World Economic Forum's Young Global Leaders Forum. In 2012 his title Winner Take All China's Push for Resources and What It Means for the World made The New York Times Best Seller List.

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