I had the good fortune to spend hours with my parents around the dinner table having debates on politics and economics. Dambisa Moyo debatedinnereconomics Change image and share on social
I have dedicated many years to economic study, up to the Ph.D. level, to analyze and understand the inherent weaknesses of aid and why aid policies have consistently failed to deliver on economic growth and poverty alleviation. Dambisa Moyo aidalleviationanalyze share on social
The most obvious criticism of aid is its links to rampant corruption. Aid flows destined to help the average African end up supporting bloated bureaucracies in the form of the poor-country governments and donor-funded non-governmental organizations. Dambisa Moyo africanaidaverage share on social
The insidious aid culture has left African countries more debt-laden, more inflation-prone, more vulnerable to the vagaries of the currency markets and more unattractive to higher-quality investment. Dambisa Moyo africanaidcountry Change image and share on social
The notion that aid can alleviate systemic poverty, and has done so, is a myth. Millions in Africa are poorer today because of aid; misery and poverty have not ended but increased. Aid has been, and continues to be, an unmitigated political, economic, and humanitarian disaster for most parts of the developing world. Dambisa Moyo africaaidalleviate share on social