In the first half of "Dead Aid", Ms. Moyo gives a history of aid and an analysis of the primarily negative impact of aid on development and poverty reduction in Africa. Her primary focus is on bi- and multi-lateral aid given to governments. The same analysis and solutions might apply to emergency...
The author, an economist educated at Oxford, details in facts and figures the past events, bad government policies, and trends that spell the bankruptcy of the West and the "rise of the rest." The fundamental cause is the introduction of the welfare state to Europe and America. She makes the poin...