Monday, March 9, 2009

More Moyo, Less Bono!

Smart, sexy, Zambian economist Dambisa Moyo has recently published her first book, Dead Aid: Why Aid is Not Working and How there is Another Way for Africa. When I read her interview in the Feb. 19th issue of the NYT Sunday Magazine, I immediately shot an email to Andrew Mwenda telling him to pick up the pace with his own long awaited book, which will likely make some similar arguments to that of Moyo (though with considerably more Ugandan and Rwandan examples, among other things).

Paul Collier, author of The Bottom Billion and professor of Economics at Oxford, has written a review of Dead Aid in the UK's Independent. Collier actually taught Moyo at Harvard and Oxford, where she did her studies, and I believe he gives a fair assessment of her work. That said, he seems to disagree with some fundamentals, namely that he doesn't think cutting aid would solve many problems, because he says, "I doubt that many of Africa's problems can be attributed to aid." I am not so sure. Problems may not have started with aid, but many are certainly continuing because of aid....

I can't wait to get a copy and make my own assessment. In the meantime, Andrew, we are waiting! And watch out, your suits are sharp, but Ms. Moyo looks waaaaay better in heels.

(Source: NYT)

4 comments:

Anonymous said...

While trimming aid might be a valid long-term solution, I feel like the global outcry would be tremendous. A philosophical byproduct of Western culture is the idea that money is a unilateral solution. Those that care about the problems of Africa may now know (or want) to approach the problems any other way. I really believe that if money were the issue, the problem would have been solved a long time ago.

Keep up the good work!

Joe Powell said...

Enjoying the blog.

There is an interesting (critical) review of Dead Aid here: http://zambian-economist.blogspot.com/2009/03/dead-aid-by-dambisa-moyo-review.html

I ordered it at Aristoc two weeks ago so it should be in town shortly...

Joe

Melina said...

Thanks Joe, I hadn't seen that review yet. Let me know when it gets into Aristoc! Am also waiting for Michaela Wrong's new book...

Joe Powell said...

The Wrong book I have. Racing through it at the moment - hard to put it down! You're welcome to borrow when I'm done