“Dead Aid” Revisted. Guest Post by Jessie Rust-Smith
A guest post by Jessica Rust-Smith, reviewing Dead Aid, a year after it was published. “One year later, does Zambian economist Dambisa Moyo’s call for the end of aid to Africa still hold sway when the World Bank’s Chief Economist for Africa is declaring Africa’s Successes?…..Among her many criticisms of aid are its resulting distortions in African markets, its ability to prop up weak and ineffective governments, and most importantly, its perpetuation of a vicious cycle of aid dependency. She calls for an end to the crippling practice of aid to Africa.”