Ask most people who live in a home and have a mortgage on it whether they own their own home and the answer is almost guaranteed to be a resounding 'yes'. Yet it's the wrong answer. Technically speaking, until they have paid the mortgage off, they don't own it. Herein lies the difference between reality and illusion, between ownership and control. This confusion lies not only at the individual level, but also at the heart of government thinking.
Dambisa MoyoThe fact that Brazil and Chile now has China as their largest trading partner means the Monroe Doctrine is certainly something of the past.
Dambisa MoyoI wish we questioned the aid model as much as we are questioning the capitalism model. Sometimes the most generous thing you can do is just say no.
Dambisa MoyoThe fact that China has about seven percent arable land, means that sheโs always going to be looking for places that have more arable lands to finance or to provide food stuffs.
Dambisa MoyoIn a perfect world what poor countries at the lowest rungs of economic development need is not a multi-party democracy, but in fact a decisive benevolent dictator to push through the reforms required to get the economy moving
Dambisa MoyoThe 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 MoyoIf 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