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Debate on the efficacy of development aid

NewsDay Staff ·

Tapiwa Gomo
IT was in 2009 that Zambian-born economist and author Dambisa Moyo rocked the world with her truth-telling book titled Dead Aid: Why Aid Is Not Working and How There Is a Better Way for Africa. The book argued that in more than half a century, trillions of dollars have been transferred by Western countries and their donor agencies towards development aid but this assistance has failed to improve the situation in Africa. If anything, some of the recipient societies are worse off as a result of aid.

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