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 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 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 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 Moyo