Dambisa Moyo discusses Dead Aid with an MP
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I don't understand why she says these countries have not improved all these years. According to UN data, most of African countries have improved income and life expectancy in a significant way, if it wasn't for civil wars and AIDS, they'd be a lot better.
But I agree with her criticism of Bono-like foreign aid. Why haven't I ever heard Bono saying words like "microfinance" or "venture capital"?
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Botswana and Namibia are powerful countries. Look at our progress without that nonce's corruption from landlocked countries like Malawi and Zambia. Corruption is everywhere in the world, besides Lusaka`s economy is doing great with no Aid assistants involve while Mandona sent tourist to visit Blantyre.
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She's right.
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Everyone knows (or at least should know) that Africa was never really meant to be truly free & independent by her former colonial masters regardless of all their big talk about helping them catch up to the rest of the world. I put it to you: Since when has any Master ever been sincerely delighted over the prospect of manumission? Even Pharaoh ultimately decided to go back and reacquire his former Hebrew slaves. Indeed, Aid to Africa is nothing more than a clever delusion by the West.
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the white guy is such a dick... the smirks are annoying. go her for being strong.
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The world stole Africa the whole history and now we make excuses ("Africa like Norway!") A good help would be shut up the Pope about condoms.
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She is right.
What is ironic is that she talks about microfinance and yet argues with Jacqueline Novogratz (founder of Duterimbere and the Acumen fund - both microfinance institutions) so vehemently on CNN.
She has an ego.
I also suspect she has a strong bias for free trade. Trade liberalisation was a factor in the impoverishment of Ghana and Cote d'Ivoire after the global cocao price plummeted.
And corporations are not altruistic. E.g., Shell steals Nigerian oil and corrupts the government
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@canadian97 SPOT on comment. Out of no related interest, what did/would you study at university/college? thanks!
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Her argument couldn't be more logical. If you want Africa to be stronger then you should support Africa in becoming independent and self reliant. That doesn't mean all the other nations of the world should close their doors to Africa, but they should try to close the door to the aid that makes Africa TOTALLY dependent of the rest of the world. I support the effort of Dambisa Moyo in trying to educate the world in the kinds of aid that hurts Africa.
canadian97 2 years ago 13
She's got my vote!
steve0281 2 years ago 9