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Dambisa Moyo: Stop Sending Aid to Africa

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Uploaded by on Jul 7, 2009

Complete video at: http://fora.tv/2009/06/05/Uncommon_Knowledge_Dambisa_Moyo

Economist and author Dambisa Moyo responds to her critics, explaining the long-term impact that charitable HIV/AIDS programs will have on building sustainable economies in Africa. She theorizes that such financial contributions allow African governments to be dependent on other world powers.

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During the past fifty years, more than $1 trillion in development-related aid has been transferred from rich countries to Africa. Dambisa Moyo asserts, however, that this assistance has made African people no better off. "Africa's real per capita income today is lower than in the 1970s, with over half of the 700 million Africans living on less than a dollar a day."

Eschewing the "glamour aid" of celebrities such as Bob Geldof and Bono, she argues that the key to transforming African countries is to make them less reliant on foreign aid and compel them to "enforce rules of prudence and not live beyond their means." - Hoover Institute

Dambisa Moyo was born and raised in Zambia, Southern Africa. She completed a PhD in Economics at Oxford University and holds a Master's from Harvard University. She completed a Bachelor's degree in Chemistry and MBA in Finance at the American University in Washington D.C.

Moyo is a Patron for Absolute Return for Kids (ARK), a hedge fund supported children's charity. She serves on the Boards of the Lundin for Africa Foundation and Room to Read, an educational charity. Moyo argues for more innovative ways for Africa to finance development including trade with China, accessing the capital markets, and microfinance.

Peter M. Robinson is a research fellow at the Hoover Institution, where he writes about business and politics, edits Hoover's quarterly journal, the Hoover Digest, and hosts Hoover's television program, Uncommon Knowledge.

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  • @arronnov cont. i suggest if you are too much of a coward to stand by your accusations, you are not man enough to make them.dont reply too me until you have the balls to site examples of white men writing black people out of history. until then i will treat you with the respect you deserve, none. i will be waiting for the examples. lol i'll give you enough time to do some research, but let me warn you lies are easy to disprove and i will, unlike you site evidence for my beliefs and assertions

  • @arronnov once again you make accusations without evidence and condemn facts without given an alternative. cant you see what you are, a conspiracy theorist too scared to inform anyone of the conspiracy because you know you have no evidence to support your wild claims. you dont site examples of how the white men have somehow changed so called black history, why. because you know i already heard all the crazy lies afrocentrists spout and am waiting to prove you wrong on everyting you say coward

  • @kyototakeshi1 No I come across as someone who doesn't by into the system and programs of western white civilization and Arab Islam. You so-called facts or evidence are based on political agenda of western white civilization which has been devastating to Africa African decent people and any one who doesn't accept its truth. Your message is just like the borg on Star Trek. Assimilate with us accept our ways thoughts conclusions even if its to your demise and etc.

  • @arronnov as i thought, u are full of hot air, all rhetoric + no substance whatsoever. uve nothing the world hadnt already heard + denounced as fantasy. thats not a white perspective thats a perspective of truth.by all means determine your own humanity but u cannot determine the facts without evidence or explanation.u have no intellectual revelation youre simply making unsupported accusations out of racial bias, how dumb are u, because your coming across as having learning difficulties right now

  • @kyototakeshi1 I don't want to enlighten you . My first charge is enlighten black the world over of who they are and what they are as people in regards to their humanity. Not the humanity that a system and people gives us verse we determining our own humanity and reality. We been culturally condition by western white civilization and Arab Islam.

  • @arronnov u its fine 2 disagree with the facts, but u must explain y. u cant just say white men have written black people out of their history, yet cannot provide evidence to back this up, all u have is a matrix analogy .forget the matrix or any conspiracy theory + inform me of what the true history of africa and black people is if the white mans understanding is wrong, i challenge u, enlighten us.stop going around in circles, be a man + back up your claims, until then take the mocking u deserve

  • @kyototakeshi1 I'm ill educated because I don't follow the pathology of western white civilization version of history for black people. Like I been saying when you step out of the program of control of western white thought. You will be attacked by it and those who accept it view of the world. Its like on the movie the Matrix. The agents don't attack you as long as you stay in step and maintain a program thats written for you.

  • @arronnov you say i fear black self defining, lol you are yet to define anything lol. dont you get that. all you have done is make accusations. yet you have not defined what parts of history whites have lied about. give examples of how white people have lied about black history, obviously you belief this but cannot site examples, lol once again you are coming across as an ill education fool.give us your understanding of african free from white bias, u cant because its BS

  • @kyototakeshi1 You suffer from a pathology of culturally conditioning in which whites believe whites they don't have bias and agenda towards blacks in our own history. You just strength my resolve that you have a fear of black people being self defining self realizing and self conscious outside of white approval and control. As long as black people accept the standard whites set for us in any endeavor everything fine. When we step away from that control. They where attacked.

  • @kyototakeshi1 You say that all races refuted what i been told! However what schools and academic institution where the majority if not all the academics instructed and taught. They where taught at western white schools and universities in Europe and America. What point of view world view and paradigm do these education hubs come from as far as teaching people.

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