When Aid Becomes Deadly

I have been reading the controversial new book by Zambia economist Dambiso Moyo, Dead Aid in which she argues convincingly that the billions of dollars of aid that have been poured into Africa over the past fifty years has, instead of improving the lives of Africans, made it far worse. Aid, she contends, has significantly increased poverty and stifled economic growth throughout Africa.  Take the following case in point, taken from pages 44-45:  More...