02 June 2009

Is aid killing Africa – Is it dead aid

A friend posted a link on facebook of an interview with Dambisa Moyo. She argues that aid does not help Africa grow. In 1970 she says only 10% of Africans lived in poverty, now the percentage is 70 – 80 %. She further argues Africa should begin a 5yr plan to reduce aid and increase its own capital. Such as set up a sustainable infrastructure in which Africa looks after Africa.

Moyo points out that in some countries capitalism is pushed. Whilst in others the answer is always more aid and that many intellectuals know that this is not helping the situation. She has a book called Dead Aid, which I may have to read one day.





For more info on her check out these links :

Dambisa Moyo website

Dambisa Moyo YouTube channel

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