Monday, March 2, 2009

Dambisa Moyo

Today we honor Dambis Moyo for her creating wealth with her books and fighting for Capitalism in Africa. Moyo has written "Dead Aid: Why Aid is Not Working and How There is Another Way for Africa" as a follow up to her first book, "Dead Aid: Destroying the Biggest Global Myth of Our Time." See the links below for more information on these. Beyond all of this, Mayo works closely with several charities in her ongoing fight to raise the standards of living in Africa.

Moyo was born in Zambia. She holds a Phd and masters in Economics as well as an MBA. She is very accomplished in the world of finance and obviously has a heart for her home continent. In her interview in the NY Times she points out the ongoing hypocrisy of the West's attempt to "help" Africa. Moyo points out that she was the only African in the room during the World Economic Forum's party for Africa. Moyo argues that the aid from the West has kept Africa in poverty. Moyo's concluding quote from the article is powerful:
"I wish we questioned the aid model as much as we are questioning the capitalism model. Sometimes the most generous thing you can do is just say no."

Moyo continues her fight against current aid tactics aimed at Africa and advocates microfinance and solutions driven from within countries... not from foreigners. By publishing her books and standing up for Capitalism, Mayo generates wealth for herself, her publisher(s) and hopefully for her country.

A special thanks to "The Dangerous Economist" for the tip!

Sources:
Dambisa Moyo's Official Page
Dambisa Moyo on Wiki
"Questions for Dambis Moyo" in NY Times
Dambisa Moyo's books on Amazon

Here is Dambisa Moyo on a newscast interview:

4 comments:

loophole said...

Here's an interesting critique of Dambisa Moyo's book.

http://zambian-economist.blogspot.com/2009/03/dead-aid-by-dambisa-moyo-review.html

My Bestfriend's Little Sister(MBLS) said...

I love her!

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