Clip 1: Africa, the sentimentality of aid, and Bono (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

[JordanjamesX]

Dambisa Moyo she is from Zambia she is an African woman and I personally prefer hearing what she has to say about Africa than Bono! Bono is an outsider, he is a white liberal from Europe. Dambisa Moyo she has a doctorate in economics this woman is an expert on this issue NOT Bono!

[bfree2live]

You're missing the point of her message.

[Kuner1]

Africans should build their own countries and culture instead of complaining about what we have.

Hundreds of generations of our ancestors worked their asses off so that the next generation could have it a little better than they did. This is the legacy they left us.

Africans have been sitting on their asses throughout history, they hadn't even invented the wheel by the time the first European explorers travelled the continent.

[dfrossar]

Dambisa Moyo has initiated a wide-ranging and useful debate about "aid" and "development" in Africa. Is Africa poor because of aid (as she says) or would it have been even poorer without it (as the aid community might suggest)? Perhaps the truth is even more nuanced and complex than either side suggests.

After a half-century of the "development era," we know a lot more now about what "development" works and what doesn't. But clearly we don't know enough. Maybe this debate will help.

[randomdude5640]

0:00 is actually a GOOD DAMN question.

Perhaps because they need somebody to stay poor so that they can "AID" them and enslave them later to pay back the AID. When China is no longer doing the work. Somebody has to. They're going to enslave the entire continent. And who better than the most enriched continent on the planet? Educated Africans are arguably the biggest threat to the current developed world. That simple.

[TheBestMusicChannel8]

@dabcore But do you think they hear you?

[dabcore]

Criticised for his refusal to allow his nation to be enslaved by the global bankers. It turns out that Eritrea is one of the most stable countries in Africa. It is also has a stable economy. This is annoying to watch, because the video seems to ignore the whole reason for aid.

[dabcore]

The intention behind aid is not altruism as is commonly believed. The IMF and World Bank are extensions of empire. They are designed to promote dependence rather than independence. There have been many leaders in underdeloved nations who refused loans from those empire institutions only to be demonized or overthrown. Muhammad Buhari of Nigeria was overthrown shortly after refusing to allow Nigeria to become a debt slave. The current president of Euretria in east Africa is constantly demonized

[keyse091]

@birdmaya are you a five year old spoilt kid? You seem to have just got back from playing with your toys and watched this clip. The girl is addressing pple with minds and she is an African and therefore cares about Africa more than you and Bono-the bastard do, so keep on having your negative ideas about Africa that your rubbish media paints and stop commenting about issue of Africa.

[ClamChowdah429]

It is the same mentality. Every person on earth whom does not live under a rock knows of the extent of fatalities and damage to Haiti. The Americas, Europe, Africa, Asia, its citizens, have given aid in some way.

Celebrities have to be the center of it. An hour of air time was given to the actress from "House" two days ago, pffft! In times of need they have become just as important to relief as the very leaders of nations involved. Ms. Moyo was addressing this celebrity culture.

[ZeframCochrane]

She literally says she is not talking about emergency aid as is needed by Haiti right now. There is a huge difference between emergency aid and development aid.