Dead Aid : Economists quarrel over Aid Debate

Dambisa Moyo, an African Born Economist, has recently written a new book entitled Dead Aid. I am yet to read the book. But surprisingly the book had initiated a flurry of debates among economists alike. Moyo had since been featured on BBC’s HardTalk etc.

I found the following collection of debates, among the most notable economists and champions of African Aid, interesting and equally entertaining at times. The trammels of my non-economics background makes it hard for me to comment on the merits of the arguments. And I felt it will be eccentric to take on such high caliber economists. Yet I thought I should share it with our readers. I hope you will enjoy reading or learn something from it, as much as I did.


Dead Aid: The Wrong Prescription for Africa

Dr. Alex G. Coutinho | Posted 04.01.2009 |

Dambisa Moyo’s book, Dead Aid, takes the approach of lumping together all of Africa‘s 50 years of post colonial history and its troubles and blaming it on only one thing — Western aid.

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Dambisa Moyo and Why Western Aid is Killing Africa

Jake Whitney | Posted 04.01.2009 |

In addition to killing the aid program, Dambisa Moyo prescribes free-market policies such as delving into the capital markets and creative financing such as micro-finance.

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Is Aid Really “Dead”?

Carol Peasley | Posted 04.21.2009 |

Calling aid “dead” may sell books, but it does little to further the real debate. Too much is at stake for oversimplification. It’s really her premise that should be dead on arrival.

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Why Dead Aid is Dead Wrong

Kevin Watkins | Posted 04.24.2009 |

The argument that aid isn’t working is gathering global momentum. But we should be wary of the analysis offered in Dambisa Moyo’s influential new book, Dead Aid.

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Aid Ironies

Jeffrey Sachs | Posted 05.24.2009 |

Rich people have an uncanny ability to oppose aid for everybody but themselves.

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Sachs Ironies: Why Critics are Better for Foreign Aid than Apologists

William Easterly | Posted 05.25.2009 |

Jeffrey Sachs, the world’s leading apologist and fundraiser for the aid establishment, has written a ferocious personal attack on me in his HuffPost blog, “Aid Ironies.” Allow me to defend myself.

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Aid Ironies: A Response to Jeffrey Sachs

Dambisa Moyo | Posted 05.26.2009 |

The aid interventions that Mr. Sachs lauds as evidence of success are merely band aid solutions that do nothing to lift Africa out of the mire — leaving the continent alive but half drowning.

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Moyo’s Confused Attack on Aid for Africa

Jeffrey Sachs | Posted 05.27.2009 |

Ms. Dambisa Moyo’s recent Huffington Post article exposes the confusions that underlie her slashing attacks on aid to Africa.

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Geography Lessons: Correcting Sachs on African Economic Development

William Easterly | Posted 05.29.2009 |

Sachs is an inspirational and hard-working intellectual, just one whose ideas on Africa happen to be sometimes totally wrong and other times only seriously wrong.

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Source : The Huffington Post




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