Clip 4: Can we stop the development bandwagon? (Templeton Foundation)

In "Dead Aid," Dambisa Moyo describes the state of postwar development policy in Africa today and
unflinchingly confronts a great myth: 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, while millions continue to
suffer. Drawing a sharp contrast between African countries that have rejected the aid route and
prospered and others that have become aid-dependent and seen poverty increase, Moyo illuminates
the way in which an overreliance on aid has trapped developing nations in a vicious circle of
dependency, corruption, market distortion, and further poverty. Debunking the current model of
international aid promoted by both Hollywood celebrities and policy makers, she offers a bold
new road map for financing the development of the world's poorest countries.

Category:

Education

Tags:

• templeton
• templeton foundation
• dambisa moyo
• dead aid
• africa
• poverty
• bono
• easterly
• william easterly

[lemmadesta]

At last we, as Africans have got a prophet that can speak for us. Keep it up girl!

[BlackTaharqa]

Thank you very much for bringing up the aid issue at such a time. Yep, aid cannot solve the problem of Africa's development.