Dead Aid
"Dead Aid" is a book written by Dambisa Moyo, an economist from Zambia. In it, she argues that foreign aid to Africa has often been counterproductive, leading to dependency rather than sustainable development. Moyo suggests that aid can create a cycle of poverty and corruption, hindering economic growth.
Instead of relying on aid, Moyo advocates for alternative solutions such as trade, investment, and entrepreneurship. She believes that these approaches can empower African nations to achieve self-sufficiency and foster long-term prosperity. The book challenges conventional views on aid and encourages a reevaluation of how support is provided to developing countries.