Is foreign aid helping or Hurting Africa

IS FOREIGN AID HELPING OR HURTING AFRICAMore than $50 billion of foreign aid is given to African countries every year to address poverty on the continent. Although this may seem generous, and to some a solid strategy to treat Africa’s ailments, Dambisa Moyo — a Zambian economist with a background that includes Harvard, Oxford and Goldman Sachs — says just the opposite.

In her new book, Dead Aid: Why Aid is Not Working and How There is Another Way for Africa, Moyo claims that foreign aid has been “an unmitigated political, economic and humanitarian disaster.”

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