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Why dead aid is dead wrong

The argument that aid isn't working is gathering global momentum. But we should we be wary of the analysis offered in Dambisa Moyo's influential new book

By Kevin Watkins   May 2009

Dead Aid: Why aid is not working and how there is another way for Africa by Dambisa Moyo (Allen Lane, £14.99)

In March, thousands of campaigners from development charities took to the streets of London. Their target was the G20 summit. With the global economic downturn pushing Africa into recession, the marchers had a simple message for the governments of rich countries. As one banner put it: “Remember Africa—increase aid to fight poverty.”

If you believe Dambisa Moyo, a Zambian economist who worked at Goldman Sachs, the campaigners should have stayed at home. In Dead Aid she argues that…

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