Dead Aid: Why Aid Is Not Working and How There Is a Better Way for Africa
Moyo, Dambisa
Farrar, Straus and Giroux
In Dead Aid, Moyo comes out with guns blazing against the aid industry—calling it not just ineffective, but “malignant.” Despite more than $1 trillion in development aid given to Africa in the past 50 years, she argues that aid has failed to deliver sustainable economic growth and poverty reduction—and has actually made the continent worse off . To remedy this, Moyo presents a road map for Africa to wean itself of aid over the next five years and offers a menu of alternative means of financing development.
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