A Quote by Dambisa Moyo

'Dead Aid' is about the inefficacy and the limitations of large-scale aid programs in creating economic growth and reducing poverty in Africa.

Dambisa Moyo

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About Africa Aid Creating Dead Economic Economic Growth Growth Large Large-Scale Limitations Poverty Programs Reducing Reducing Poverty Scale

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Dambisa Moyo
Zambian - Economist
Born: February 2, 1969

The notion that aid can alleviate systemic poverty, and has done so, is a myth. Millions in Africa are poorer today because of aid; misery and poverty have not ended but increased. Aid has been, and continues to be, an unmitigated political, economic, and humanitarian disaster for most parts of the developing world.

Dambisa Moyo

I have dedicated many years to economic study, up to the Ph.D. level, to analyze and understand the inherent weaknesses of aid and why aid policies have consistently failed to deliver on economic growth and poverty alleviation.

Dambisa Moyo

I experienced how foreign aid for large-scale vaccination projects helps to save the life of children and thus give a real input to growth and to escaping poverty.

Jonas Gahr Store

Moyo, a Zambia-born economist, asserts that aid is not only ineffective-it's harmful. Her argument packs a strong punch because she was born and raised in Africa. Moyo believes aid money promotes the corruption of governments and the dependence of citizens, and advocates that an investment approach will do more to help reduce poverty than aid ever could.

Amy Lockwood

Easterly, a celebrated economist, presents one side in what has become an ongoing debate with fellow star-economist Jeffrey Sachs about the role of international aid in global poverty. Easterly argues that existing aid strategies have not and will not reduce poverty, because they don't seriously take into account feedback from those who need the aid and because they perpetuate western colonial tendencies.

Amy Lockwood

Uganda's budget is 40 percent aid-dependent. Ghana's budget is 50 percent aid-dependent. Even if you cancel the debt, you don't eliminate that aid dependency. This is what I mean by getting to the fundamental root causes of the problem. Government, the state sectors in many African countries need to be slashed so that, you know, you put a greater deal of reliance on the private sector. The private sector is the engine of growth. Africa's economy needs to grow but they're not growing.

George W. Bush

Aid leads to more aid and more aid and more aid and less independence of the people that are receiving aid.

Paul Kagame

Aid makes itself superfluous if it is working well. Good aid takes care to provide functioning structures and good training that enables the recipient country to later get by without foreign aid. Otherwise, it is bad aid.

Paul Kagame

Almsgiving tends to perpetuate poverty; aid does away with it once and for all. Almsgiving leaves a man just where he was before. Aid restores him to society as an individual worthy of all respect and not as a man with a grievance. Almsgiving is the generosity of the rich; social aid levels up social inequalities. Charity separates the rich from the poor; aid raises the needy and sets him on the same level with the rich.

Evita Peron

To make sustainable progress in reducing extreme poverty will require improvements in both the quantity and quality of aid.

Peter Singer

Countries which receive aid do graduate. Within a generation, Korea went from being a big recipient to being a big aid donor. China used to get quite a bit of aid; now it's aid-neutral.

Bill Gates

There has long been a debate in the aid community and in Africa about how to most effectively help situations of poverty in developing nations and underprivileged communities.

Marcus Samuelsson

Under the all-encompassing aid system, too many places in Africa continue to flounder under inept, corrupt and despotic regimes who spend their time courting and catering to the demands of the army of aid organizations.

Dambisa Moyo

The foundation of a nation is self-aid, mutual aid and public aid.

Yoshihide Suga

I was a hardliner with regard to colonialism, which had occupied Africa and large parts of the world. We were waging an armed struggle, and therefore, one had to be strong. But now, no one asks for weapons but for economic aid, which changes your position.

Muammar al-Gaddafi

If you think about the last 50 years, Africa's proximity and historical context has absolutely been with Europe and the United States, but their approach in dealing with the economic challenges that Africa faces in particular has been one of handing out aid, not developing economies, not building a long term relationship around agriculture and so on.

Dambisa Moyo

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