In the current climate, as international NGOs compete with one another for donors’ funds; as board directors demand growth akin to that of the publicly trading corporations that they came from; as governments preach austerity and cut humanitarian aid by billions of dollars, it could be a good idea to revisit the pros and cons of an alternative to the foreign aid model – particularly in Africa.
Dr. Dambisa Moyo, global economist and author, has challenged the model as stifling growth and fuelling corruption. Does the aid get to the people who need it most? According to Dambisa Moyo, only 20c on each $ provided to Africa will reach the intended beneficiaries. Is this a necessary cost investing in Africa’s future? Or is the developed getting it wrong?
Is Aid Killing Africa?
“Removing aid will hurt the African elite most and they would probably lose their bank accounts in Geneva.”
You can purchase Dead Aid here: http://bit.ly/22q8Nhj
And watch a debate including Hernando de Soto / Dambisa Moyo (Pro) and Stephen Lewis / Paul Collier (Con). here: https://www.youtube.com/watch?v=UWlLE7IohXo
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