Tag: Corruption

Why Are We Still Poor?

(July 6, 2009) Look at the woman in the photograph on the left and her surrounding carefully. Does she look like someone who has been given help by aid agencies like United States Agency for International Development (USAID), Danish International Development Agency (DANIDA), Canadian International Development Agency (CIDA), Swedish International Development Agency (SIDA), Oxfam, Action Aid, Christian Aid, World Vision, Adventist Development and Relief Agency (ADRA) and JICA?

Foreign Aid and Bad Government

(January 30, 2009) As Barack Obama’s presidency takes shape, many analysts are calling for a new approach to foreign aid. Iqbal Z. Quadir wrote an article in the Wall Street Journal calling on the Obama administration to stop pouring billions of dollars into state bureaucracies and instead, promote bottom-up entrepreneurship. This, he argues, would be far more effective in alleviating poverty and supporting democracies in the developing world than traditional forms of foreign aid.

Dambisa Moyo: fact vs. fabrication

(June 25, 2009) Dambisa Moyo’s solutions to ineffectual foreign aid have been sneered at, misrepresented, distorted, and attacked outright. Probe International takes it as a sign that Dead Aid has hit the central nervous system of the foreign aid industry.  Consequently it can be difficult to separate what Moyo really said from what has been put forth as her words by others in an attempt to vilify her position. Here, Probe International attempts to set the record straight with a side-by-side comparison of what Moyo actually said versus what her critics claim she said.

World Bank seeks to increase lending to the developing world

(June 15, 2009) As the economic crisis continues to work its way through the global economic system, the World Bank is using the slowdown as an opportunity to increase lending to the developing world. According to the bank’s president, Robert Zoellick, the bank will increase its lending by $100 billion over the next three years. In 2009 alone, the bank plans to triple its lending from $13.5-billion to $35-billion.

Good governance can only bolster aid to Africa

(June 2, 2009) The recent debate about aid sparked by Dambisa Moyo’s book, Dead Aid, has polarised the development community. I have long argued that it is investment and good governance, not aid, which will solve Africa’s problems, although effective aid has an important role to play in the quest for sustainable economic growth and poverty reduction. Ms Moyo suggests that government bonds can take the place of development assistance. This is unrealistic.

Africa’s ‘dead aid’

(June 2, 2009) Two well-meaning members of the Western establishment, whose advice over the decades has, as much as anyone’s, brought the Third World to its knees, both believe the Third World needs more of their advice. Though at last night’s Munk Debate, prominent African author and economist Dambisa Moyo passionately disagreed.

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.