(June 1, 2009) Steve Forbes delves into situations where microfinance and venture capitalism can succeed instead of aid.
‘Dead Aid’ is dead wrong
(May 31, 2009) In her new book, Dead Aid, Dambisa Moyo claims that aid to Africa has done nothing to alleviate poverty on the continent and it should be shut off in five years.
International aid: Help or handout?
(May 30, 2009) If international aid worked then Africa, South America and Asia would be rich and Bob Geldof could retire. When a Zambian-born economist like Dambisa Moyo, in a much-debated new book, says aid is part of the problem, and gets a round of applause from many Africans, it is time to listen, although not to agree.
Why aid to Africa must stop: Interview with Dambisa Moyo
(May 30, 2009) Born and raised in Zambia but educated at Oxford and Harvard, Dambisa Moyo was an uncommon face as a black woman in the world of high finance. Now, as she makes her way to Canada for a highly anticipated debate on Monday with Stephen Lewis and others at the Munk Debate on Foreign Aid, she spoke with the National Post about her ideas and the hazards of opposing the aid orthodoxy.
Geography lessons: correcting Sachs on African economic development
(May 29, 2009) Professor Jeffrey Sachs continues the debate on aid to Africa originally prompted by Dambisa Moyo’s book Dead Aid. As usual, I will of course let Dr. Moyo defend herself against specific criticisms made by Sachs and his co-author John McArthur. But Sachs unveils such a strange geographic theory of Africa’s poverty, with strong implications for aid policy, that I am forced to respond.
Moyo’s confused attack on aid for Africa
(May 29, 2009) Aid critics have recently been blaming aid as the source of Africa’s poverty. This column explains how Africa has long been struggling with rural poverty, tropical diseases, illiteracy, and lack of infrastructure and that the right solution is to help address these critical needs through transparent and targeted public and private investments. This includes both more aid and more market financing.
Aid ironies: a response to Jeffrey Sachs
(May 26, 2009) Ahead of the publication of my book Dead Aid, an author friend of mine cautioned me about responding to opponents who found it necessary to color their criticism with personal attacks. This, he argued, is a tried and tested way of side-stepping the issues and providing a smoke screen when faced with a valid argument.
Sachs ironies: why critics are better for foreign aid than apologists
(May 25, 2009) Official foreign aid agencies delivering aid to Africa are used to operating with nobody holding them accountable for aid dollars actually reaching poor people. Now that establishment is running scared with the emergence of independent African voices critical of aid, such as that of Dambisa Moyo.
To aid or not to aid, that is the question
(May 31, 2009) If Africa’s underdevelopment has been compounded mainly by official aid, as the Zambian economist Dambisa Moyo argues in her book “Dead Aid”, then addressing it might be as straightforward as she suggests. Aid could be turned off, African governments would work harder to foster growth and private capital might prove more effective in curbing poverty.
Massive influx of aid to Pakistan carries massive risk of corruption
(May 8, 2009) The World Bank’s International Development Association (IDA), which provides billions of dollars in long-term interest-free grants and loans to the world’s 78 poorest countries, is apparently not too concerned about the fraudulent or corrupt use of its loans.
Sweden admits foreign aid may not have any long-term impact
(May 08, 2009) Sweden’s foreign aid may not have any long-term positive effects for developing countries, according to a comprehensive review of Swedish foreign development assistance.
Aiding is Abetting
(April 30, 2009) Dambisa Moyo’s prescription for economic sustainability in Africa—which includes cutting off all aid within five years—might seem insane if the statistics weren’t so grim: despite one trillion dollars in western aid over the past sixty years, the economic lot of the average African has only gotten worse.
Nigeria’s economic woes and the doctrine of odious debt
Nigerian historian Femi Eseku makes an eloquent and compelling argument for establishing stricter conditions for receiving aid in order to end the cycle of odious debts perpetuated by what he calls "carnivorous economic saboteurs, disguised as international donor agencies and their greedy oligarchic African recipients."
Moyo’s “Dead Aid” is dead on
Through our Odious Debts Online news service, Probe International has long critiqued and reported on the failures of the international multi-billion-dollar aid industry to help the world’s poorest countries develop, instead creating a cycle of dependency and stagnation. Economist Dambisa Moyo in Dead Aid comes to the same conclusion
Foreign aid for the unrepaid is mostly a masquerade
(April 14, 2009) The Hudson’s Institute, Jeremiah Norris,
Patricia Adams
Dai Qing
Fan Xiao
Lawrence Solomon
Mu Lan
Probe International
Lisa Peryman
Probe Media
Other News Sources
Probe International 