Dead Aid by Dambisa F Moyo

Dead Aid by Dambisa F Moyo

A national bestseller, Dead Aid unflinchingly confronts one of the greatest myths of our time: 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--and millions continue to suffer. Debunking the current model of international aid promoted by both Hollywood celebrities and policy makers, Dambisa Moyo offers a bold new road map for financing development of the world's poorest countries.

Much debated in the United States and the United Kingdom on publication, Dead Aid is an unsettling yet optimistic work, a powerful challenge to the assumptions and arguments that support a profoundly misguided development policy in Africa. And it is a clarion call to a new, more hopeful vision of how to address the desperate poverty that plagues millions.

The New York Times bestselling author Dambisa Moyo is the author of How the West Was Lost and Dead Aid. She worked as a consultant for the World Bank and for eight years at Goldman Sachs. Her work has appeared in newspapers such as the Financial Times, the Economist, the Wall Street Journal, and others.