Summary of Dambisa Moyo's Dead Aid

Please note: This is a companion version & not the original book. Book Preview:

#1 There have been signs of optimism in Africa in the past five years. The surge in commodity prices has fueled African exports and increased export revenue. The Johannesburg Stock Exchange, one of the continent’s oldest stock markets, has seen liquidity improve.

#2 Africa, as a whole, remains the poorest region in the world. Life expectancy has stagnated, and adult literacy rates have plummeted below pre-1980 levels.

#3 Africa is the only continent that seems to be locked in a cycle of dysfunction. Why is it that out of all the continents in the world, Africa seems unable to convincingly get its foot on the economic ladder.

#4 There are three types of aid: humanitarian or emergency aid, which is dispensed in response to catastrophes and calamities; charity-based aid, which is dispensed by charitable organizations; and systematic aid, which is dispensed by governments to their citizens.

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E-bog: 5. maj 2022