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A national bestseller, Dead Aid unflinchingly confronts one of the greatest myths of our time: that billions of dollars in aid sent from wealthy countries to developing African nations has helped to reduce poverty and increase growth. In fact, poverty levels continue to escalate and growth rates have steadily declined—and millions continue to suffer. Debunking the current model of international aid promoted by both Hollywood celebrities and policy makers, Dambisa Moyo offers a bold new road map for financing development of the world’s poorest countries. Much debated in the United States and the United Kingdom on publication, Dead Aid is an unsettling yet optimistic work, a powerful challenge to the assumptions and arguments that support a profoundly misguided development policy in Africa. And it is a clarion call to a new, more hopeful vision of how to address the desperate poverty that plagues millions.
“Here is an African woman, articulate, smart, glamorous, delivering a message of brazen political incorrectness: cut aid to Africa. Aid, she argues, has not merely failed to work; it has compounded Africa’s problems . . . The core of her argument is that there is a better alternative. [It deserves] to be taken seriously.” —Paul Collier, The Independent“A tightly argued brief.” —Matthew Rees, The Wall Street Journal“What makes Dead Aid so powerful is that it’s a double-barrelled shotgun of a book. With the first barrel, Moyo demolishes all the most cherished myths about aid being a good thing. But with the second, crucially, she goes on to explain what the West could be doing instead.” —Christopher Hart, Daily Mail
Born and raised in Zambia, Dambisa Moyo has a Ph.D. in economics from Oxford University and a master’s from Harvard University’s John F. Kennedy School of Government. A former consultant for the World Bank, Moyo worked at Goldman Sachs for eight years.
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