CNN: Dambisa Moyo & Jacqueline Novogratz debate the efficacy of foreign aid

Dambisa Moyo and Jacqueline Novogratz discuss whether Africa would be better off without foreign aid and alternative solutions for creating jobs and economic growth. CNN's Fareed Zakaria GPS show (July 5, 2009).

http://www.twitter.com/dambisamoyo
http://www.twitter.com/jnovogratz

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[Odjii]

I saw this when it was aired and Dr. Moyo presents a solid argument and I'm convinced.

[BlackTaharqa]

I thought that Ms. Moyo was spot: the aid development model has not been efficacious; no country in the world has developed using long-term aid. However, I am not convinced that aid should be switched off tomorrow.

Jacqueline Novogratz's position, on the other hand, to use government aid and the markets is a very difficult one. I wonder what her motivation is.

On screen, she sounds condescending towards Dambisa. However, Dambisa responded with poise and grace. Way to go!

[trop68]

Its poor countries that finance the rich countries and NOT the other way around as we like to belive.For every 1 doller we give in so called aid,100 dollers comes back to us in debt repayments of loans that we gave to dictators of these countries.Dictators that we supported and in some cases even installed.The people saw nothing of this money but now have to repay it.Its a myth that we give aid to poor countries.

[jissa683]

Dearest Jacquline,

You are so nice person but I think you got very powerful friends behind your project. because it is impossible without that kind of support to work in chaotic countries like Kenya, Pakistan etc. For ex. Margaret Hassan didnt got protection and her destiny was awful, unfortunately

[AfroSunGoddess]

@BlackTaharqa totally agree Dr. Moyo talks about slow drawing away from aid

[Zooksboardshop]

So Are TOMS BAD?!?!?!? (The shoe company that gives away a free pair of shoes for every pair bought)

[BeaSiegal]

I really admire Dambrisa's perspective. She wants to hold the elected officials accountable to their populations. Right now Africa is on the brink of amazing developments that we can't deny in West anymore and it looks like all their asking is for us to "back off".

[JordanjamesX]

I agree with Dambisa she is a Zambian woman she knows the problems in Zambia and on the African continent. I think it is EASY for foreigners to state they are helping the African continent but it is a form of racism and paternalism. The western world KEEPS the African continent poor. The protectionist policies of the western world and the support African dictators have from western governments is the real problem. The western world wants to keep Africa poor in order to acquire revenue from debts

[dreamEternal]

A lot of people mis-understand.

She's urging, Take out the Aid (Not all but most), force the government to be more innovative, and listen to the people, enact new laws that will provide opportunities for africans to develop themselfs.

Moyo understands Africa, like a Sister her brother, who is always being thought of by the rest as Sikly and Infantish, unable to stand on he's own two feet, always begging to eat the crumbs from the table.

Take away the crumbs, and he will remember he's two feet.

[Shnufkin]

@BlackTaharqa Complex problems require complex solutions. Moyo is recommending a draconian aid ambargo that would result in the deaths of millions. Novogratz has first hand experience in integrating market-orientated, entrepreneurial solutions that change people's lives. I don't see how anyone could disagree with her. And I don't understand all the hostility.

Also, she's hot!

[DUHBeanster]

I find it funny how Moyo said at the end that we need to focus more on creating jobs for the people. I was like "you mean by building a net factory, for instance? Employing hundreds of people, especially women? Were you even listening?" Novogratz was trying to agree with her while she was just going "No. I'm right and you're wrong."

And what's with all this crap about "the white lady doesn't know what she's talking about?!" Are you morons just agreeing with Moyo because she's black?

[kenkinax]

@sugarfoot1001 What that white lady has done for African is more than you will ever do idiot. She lived in poverty in Africa and transformed peoples lives, I am Kenyan and I can testify to that, ask Rwanda people, Tanzania.....

I am sure you are just another speck of dust trying to be noticed for your comments but know the context to understand the story