An African Perspectve on African Poverty

Scott Gilbreath:

Dead Aid, the title of the book by Zambian economist Dambisa Moyo, is an obvious slap in the face of Bob Geldof, Bono, and the other jet-setting celebrities who performed at Live Aid. Her recent interview in The New York Times is headlined “The Anti-Bono”....

....Billions of dollars in government-to-government foreign aid has brought Africa no apparent benefit; indeed, Dr Moyo argues that aid has obstructed economic growth and made the poor even poorer. Asian economies have prospered with little outside financial help, while Africa has stagnated.

Dead Aid is now available in the UK. It is scheduled to be released in North America next month.