Dead Aid: Why Aid is Not Working and How There is Another Way for Africa by Dambisa Moyo (Foreword by Niall Ferguson) - review by Michael Holman

Michael Holman

Trillion Dollar Question

Dead Aid: Why Aid is Not Working and How There is Another Way for Africa

By

Allen Lane/The Penguin Press 288pp £14.99 order from our bookshop
 

The international aid industry is surely one of the world’s most successful lobbies. Its record after forty years of involvement in sub-Saharan Africa, funnelling a trillion dollars of assistance, is abysmal: the region is as impoverished today as it was at independence. Yet the worse the aid agencies’ performance, the more money they ask for – and get. This is chutzpah on a truly grand scale.

It is hardly surprising that every year this gravy train attracts some 100,000 expatriate ‘experts’, ranging from the well-meaning to the self-serving. Many of them have been recruited by the multi-tentacled United Nations. Others work for the official government development agencies, and the rest enlist in the thousands

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