Thursday, January 2, 2020

Dead Aid Why Aid Is Not Working And How There Is A...

Most african countries, especially those sub of the Sahara, gained independence in the late fifties through the nineties. It may be expected that, the countries (at least a majority) on the second largest continent of the world may have made some significant progress in infrastructure, economy, and other aspects of the country and improve the livelihoods of citizens; just like their coequals in other parts of the world. Yet, sub-saharan Africa is home to the majority of the world’s poor ( Moyo, 2009). The issue of underdevelopment in this part of the world and the probable cause (though there are other factors) is what Dambisa Moyo, an African herself, seeks to address in her book, â€Å"Dead Aid: Why Aid is Not Working and How There is A Better Way for Africa.† Moyo was born and raised in the southern African country of Zambia. She holds a master’s degree from Harvard University and a doctorate in economics from Oxford. She worked with the World Bank in Washington DC for two years, and eight years at Goldman Sachs as a global economist and strategist. So, it is no surprise that Moyo dwells heavily on economics in â€Å"Dead Aid† to give a roadmap on how Africa can â€Å"wean† itself off aid from the West. Moyo believes that â€Å"aid† is the root cause of the continent’s poor showing when it comes to development in all sectors. This review will try to discuss some of the strengths and weaknesses of the book and her approach to tackling the issue. Dambisa Moyo, in her bookShow MoreRelatedSummary Of Dead Aid : Why Aid Is Not Working And How There Is A Better Way For Africa1308 Words   |  6 PagesHow to Improve: Africa Is Aid Helping or Hindering Development As we were able to see in the Webtext, No More Aid To Africa, Dambisa Moyo a native of South Africa explains why she believes no more aid should be given to Africa. 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