Millennium Villages Blog

Achieving the Millennium Development Goals by 2015

Moyo’s Confused Attack on Aid for Africa

Ms. Dambisa Moyo's recent Huffington Post article exposes the confusions that underlie her slashing attacks on aid. Most importantly, she seems to believe that sub-Saharan Africa was economically prosperous and then was pushed into poverty by aid. She makes the following statement: "No surprise, then, that Africa is on the whole worse off today than it was 40 years ago. For example in the 1970's less than 10 percent of Africa's population lived in dire poverty -- today over 70 percent of sub-Saharan Africa lives on less than US$2 a day." Let's parse that statement for a moment. World . . . [more]

Everywhere a Hammer on a Nail

Editor's Note: This post was originally published on the State of the Planet Blog When holding a hammer in your hand, every problem can look like a nail. Dambisa Moyo’s book Dead Aid gives fresh meaning to this old adage, applying the perspective of a top-tier investment banker to the plight of the poorest people in Sub-Saharan Africa. The Economist recently panned the book by likening it to caricature. The underlying weaknesses are found in both its diagnosis and prescription. On . . . [more]

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