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Dead Aid: Why Aid to Africa Is Not Working And How There Is Another Way

Image Monday, February 16, 2010 at 7:00 PM
Trayes Hall, Douglass Student Center, DC

Dambisa Moyo was born and raised in Zambia, Southern Africa. She completed a Ph.D. in Economics at Oxford University, holds a Masters degree from Harvard University and worked at Goldman Sachs for 8 years in debt capital markets, hedge funds, and global macroeconomics. Moyo has been featured in Time Magazine's 2009 list of the 100 most influential people in the world because of her book entitled, Dead Aid,which gained notoriety from the notion that aid, defined by Moyo as the sum of concessional loans and grants given to African countries by the West, has stifled Africa's economy and that a new strategy must be employed. Moyo argues for more innovative ways for Africa to finance development including trade with China, accessing capital markets, and microfinance.

Sponsored by RUPA

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