Is Aid Killing Africa? Dambisa Moyo talks about Dead Aid on ABC

What if foreign aid is making the plight of Africans worse? Dambisa Moyo discusses Dead Aid on Australian Broadcasting Corporation (Mar 17, 2009).
www.dambisamoyo.com
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  • @olayemi271
    @olayemi2714 жыл бұрын

    Its over 10 years now 2019 and she's still right.

  • @daciandraco6462

    @daciandraco6462

    2 жыл бұрын

    2021 and she's still right.

  • @Scrungge

    @Scrungge

    2 жыл бұрын

    What about vaccines and bed nets, she completely overlooks that. It is true that funding might need to happen more bottom up instead of top down so it doesn't fall in the hands of the elite.

  • @greatbenedicta00

    @greatbenedicta00

    2 жыл бұрын

    It’s 2022 and she is still right

  • @billykash491

    @billykash491

    Жыл бұрын

    2023 and she's still right.

  • @KDean22

    @KDean22

    3 ай бұрын

    BIGGER PROBLEM IS LOW INTELLIGENCE

  • @Christian-sn9qn
    @Christian-sn9qn7 жыл бұрын

    "Let's hope you're right." "Thank you very much. And I am Right." Period.

  • @PositiveNature
    @PositiveNature10 жыл бұрын

    I don't have any idols or people that I look up to or see as a role model, but Dambisa Moyo comes very close to that. She is an intellectual woman speaking on serious topics with clarity and strength. I love watching her videos because I learn something everytime.

  • @tuforu4

    @tuforu4

    5 жыл бұрын

    SHE NEEDS TO BE ON TV IN KENYA

  • @4thAct

    @4thAct

    Жыл бұрын

    She needs to be on TV all over Africa !

  • @melissachiwapu7538
    @melissachiwapu75389 жыл бұрын

    She is right

  • @joycenorment4720

    @joycenorment4720

    6 жыл бұрын

    I really appreciate her comments regarding many Africans countries so dependent upon financial assistance. This issue I believe has resulted from government corruption. Many residents never receiving any assistance or if educational assistance is provided often no jobs, resulting many college educated residents leaving their countries, pursuing employment opportunities. I am favor of her 5 year plan for foreign aids that she provided

  • @sabbisha
    @sabbisha8 жыл бұрын

    I love this smart woman. it feels as if she wrote "dead aid" to tell the story of Eritrea; known as the 2nd new nation & the only African nation who kicked out NGOs refusing foreign aid for over a decade, and still surviving despite two unlawful sanctions including all the negative western media lies as a form of retaliation. Mrs Moyo rest assured your vision is already working in my country and no one has starved yet. and the developement will be faster once the haters who hate to see Africa rise lift those sanctions.

  • @tuforu4

    @tuforu4

    5 жыл бұрын

    THE WEST MEDIA NEVER HEARD OR CARED ABOUT ERITEA..

  • @mussie157
    @mussie1578 жыл бұрын

    since 2005, the smaller new born nation Eritrea refused aid, loan from IMF and kicked out all the NGOs. This nation proofed it that any country can live better without aid. Self reliance and economic independence is the only nation. As a result, Eritrea becomes a target for being a bad example for a good cause and they sanctioned it twice.

  • @Bailyinn

    @Bailyinn

    3 жыл бұрын

    I need to know more about Eritrea and the sanctions placed on them. Where can I get more unbiased information on this subject?

  • @ogeo.8966

    @ogeo.8966

    3 жыл бұрын

    @@Bailyinn I'd like to know as well

  • @ceterumcenseocarthaginemes455

    @ceterumcenseocarthaginemes455

    3 жыл бұрын

    @@Bailyinn eritrea is totalitarian state. People must serve military service (which isnt bad) but often they are forced to stay in the military their whole life. Many people flee from eritrea. But its illegal to flee from there. There are thousands of refugees in europe out of eritrea and no one here knows their suffering and what theyve been through

  • @GeographyGeek

    @GeographyGeek

    2 жыл бұрын

    @@Bailyinn you can’t. Eritrea kicked everyone out everyone so the outside world can’t know the human rights violations their leader commits.

  • @johnzulu1833
    @johnzulu18339 жыл бұрын

    Hats off to you Dambisa!!!, but we need more of you back home here in Zambia not only to offer advise to the government but to inspire many brilliant Zambian economists to better our country including other African countries. Africa is the wealthiest place on this planet no doubt about it..!!!! Proud of you!!

  • @loa7176

    @loa7176

    7 жыл бұрын

    Yes. Please see KZread: Attorney Amu

  • @tasilazulu1309

    @tasilazulu1309

    6 жыл бұрын

    John Zulu i agree with u

  • @tuforu4

    @tuforu4

    5 жыл бұрын

    KENYA ECONMY IS 78$BILLIO 50 MILLION POPULATIONNNN ITS DISASTER IN AFRICA..

  • @BballGuy0432

    @BballGuy0432

    4 жыл бұрын

    "...no doubt about it..!!!!" lmao

  • @davidwidihandojo6764
    @davidwidihandojo67648 жыл бұрын

    You are right Dambisa! Be strong and keep fight! What Africa needs is the gut to stand up on their own feet. It is time now for Africa to wake up and to stand up and to build the accountable state that is capable to deliver the development of their own countries and people

  • @sirrhodes5157
    @sirrhodes51575 жыл бұрын

    she exudes confidence,speaks facts as blunt as possible, she is unfazed....Africa needs more leaders like her

  • @Moyine
    @Moyine8 жыл бұрын

    let's hope you're right response: I am right

  • @timothydamoulis3217

    @timothydamoulis3217

    5 жыл бұрын

    In such arguments it is not as simple as being right or wrong, it is very complex and she makes it seem like all of Africa's problems can be solved simply through financialisaton, and see is dismissive of why Africa have been giving aid when if it was removed it would be catastrophic in times of crises'. It is ironic how someone so clearly privileged, can make these judgements upon the necessity of aid , when she would clearly never have been reliant upon it herself.

  • @maninblack9271

    @maninblack9271

    4 жыл бұрын

    @@timothydamoulis3217 the underlying problem is accountibility and desired outcomes of aid, for decades those recipients countries never be independent. So yes it is complex but she has a bold point.

  • @olayemi271

    @olayemi271

    3 жыл бұрын

    @@timothydamoulis3217 are sure you're an African? And if yes I STRONGLY doudt you are patriotic one.

  • @wilsonsilasmkandawire
    @wilsonsilasmkandawire6 жыл бұрын

    An African who talks sense. This needs to sink in the heads of Africans. Aid is demonic.

  • @edwinnambo7105
    @edwinnambo71053 жыл бұрын

    I am reading dead aid now, and watching this interview, I totally agree with her book, and to be honest, this aid is a blind spot created while our mineral are scrambled by the international community.

  • @edugitonga2024

    @edugitonga2024

    3 жыл бұрын

    Also currently reading the book! She's on point

  • @edwinnambo7105

    @edwinnambo7105

    3 жыл бұрын

    @@edugitonga2024 Dambisa Moyo is a smart mind

  • @Scrungge

    @Scrungge

    2 жыл бұрын

    She does overlook the power of vaccines and bed nets though, the lives saved from the eradication of polio and the progress in the fight against malaria are strongly overlooked. Though it is true that funding might need to happen more bottom up instead of top down so it doesn't fall in the hands of the elite who can then tighten their grip on political power. Though that is also country specific, Africa is a vast continent, not every country has an autocratic government. Also her take that the free market will solve issues is unfounded, China is taking advantage of Africa right now.

  • @rabeechowdhury

    @rabeechowdhury

    Жыл бұрын

    @@Scrungge Late comment but of course it is not all of Africa. Obviously countries like Morocco and Ethiopia don't face the same issues as Zimbabwe.

  • @KDean22

    @KDean22

    3 ай бұрын

    LOW INTELLIGENCE IS THE BIGGEST PROBLEM

  • @Daniela-dz3cu
    @Daniela-dz3cu4 жыл бұрын

    Proud to see a strong message giving with such a brilliant speech for such smart, young, powerful woman !

  • @teresaharley5913
    @teresaharley59134 жыл бұрын

    Wow common sense at last great lady who speaks the truth, I have myself always have said Africa governments should be held accountable, because it lets these governments of the hook, and keep this aid money, in a way this aid charity is killing the Africans people

  • @nonhlanhlapreciousRadebe
    @nonhlanhlapreciousRadebe10 жыл бұрын

    I agree with her 100%; I think that encouraging people to be dependent on aid as an easy way out is part of the problem; no one aided the Germans after WW2 and their economy was in total collapse; but they managed to pull themselves together and develop their economy to one of the biggest in the world; and China…when more than 10 million of them died because of famine…who gave them aid then???? The point that I am making is that aid cannot solve Africa's problems; the only way Africa can solve its problems is by holding corrupt leaders accountable. Governments should do their jobs and stop relying on foreign aid; the resources are there through all the raw material; the value chain of the raw material needs to be reevaluated and all Africans should stand together against corruption that is digging a deeper grave for Africa. Africa can solve Africa's problems not 'free money' because as we all know nothing is ever 'free' and there is no such thing as a free ride; this needs to be faced head on.

  • @olintag38

    @olintag38

    6 жыл бұрын

    The first thing that came in my mind when I read Nonhlanhla's comment was The Marshall Plan too. But the Marshall Plan was not "aid", it was temporally assistance program and at its core was accountability. The countries didn't just receive the money. They sent lists of what they needed and the US footed the bill, as opposed to disbursing the money. Also, attributing China's great strides in the last 40 years to Soviet aid is simplistic, to say the least.

  • @tuforu4

    @tuforu4

    5 жыл бұрын

    DO U KNOW MOST KENYANS EARN ABOUT 2$ A DAY....GERMANY KILLED THOUSANDS IN NANIBIA IN 1904..

  • @KDean22

    @KDean22

    3 ай бұрын

    BIGGER PROBLEM IS LOW INTELLIGENCE

  • @KDean22

    @KDean22

    3 ай бұрын

    BIGGER PROBLEM IS LOW INTELLIGENCE

  • @Alaninkenya
    @Alaninkenya7 жыл бұрын

    Dambisa Moyo's answer to the poverty problem is completely ignoring the capitalistic system of Illicit Financial Flows where multinational companies cheat Africa out of far more money than is coming into Africa.

  • @tuforu4

    @tuforu4

    5 жыл бұрын

    ITS SAME SAME

  • @pattiebell3657

    @pattiebell3657

    5 жыл бұрын

    If you remove aid it will become clear that capitalism in Africa is not the

  • @Rachidasister

    @Rachidasister

    3 жыл бұрын

    She is not ignoring it but it is two sides of the same coin.

  • @carboy101

    @carboy101

    Жыл бұрын

    You can’t cheat people out of something they sell to you on terms they agree. That’s an issue with African leadership. It’s not an issue with capitalism.

  • @fasilyemanebrehan7275
    @fasilyemanebrehan72752 жыл бұрын

    I listen to your intrview after 12 years .Dead Aid happened in Ethiopia to, now wake up Africa

  • @onyangocalvin1566
    @onyangocalvin15668 жыл бұрын

    Am proud of you Dambisa, the Aid is fueling coruption in Africa the leaders are the ones taking awey everthing instead of the poor people but we must thang them for the suport

  • @altondrew
    @altondrew7 жыл бұрын

    Great book. Great interview. Dr Moyo is on point....

  • @wisepersonsay3142
    @wisepersonsay31427 жыл бұрын

    Don't give fish, but teach how to fish. There is no other wiser way. It applies to everyone, not just Africans. Children of well-to-do families also need to learn this way to be financially and spiritually independent.

  • @rogeralsop3479
    @rogeralsop34793 жыл бұрын

    Dambisa Moyo is wonderful.

  • @jane7086
    @jane70866 жыл бұрын

    omg i love her! i always felt like something was off with aid and unhelpful. i'm going to order the book today.

  • @gaas009
    @gaas0098 жыл бұрын

    Very much agree with her, she is telling the ground reality in here Africa, it needs wise exit strategy to reduce foreign aid and mobilize the local resources and local strategy.

  • @jerrymacmillanjr9955

    @jerrymacmillanjr9955

    7 жыл бұрын

    Abdirahman Gaas they need to either stop fucking or learn to use a god damn condom or accidentally find its way into (wrong hole at opportune time .hee)

  • @danieliskander9680
    @danieliskander96805 жыл бұрын

    Dambisa Moyo is absolutely right. In the simplest way one can refere to the the famous saying.. teaching one to fish verses giving one a fish. Aid as currenyly given is not geared to address the core challenges of Africa growth. Yes..we love them because they offer quick fix...

  • @yawsarfo7497
    @yawsarfo74975 жыл бұрын

    Insightful views. So articulate and elaborate! Can we have more of such brains in leadership positions?

  • @lusayomwalweni5417
    @lusayomwalweni541727 күн бұрын

    Brilliant

  • @brontewcat
    @brontewcat7 жыл бұрын

    Moyo makes some good points - particularly about govts being accountable to donors rather than their people. But it could be argued that a major reason for so many Africans falling into poverty between 1970 and now are the very neoliberal policies Moyo espouses.

  • @KDean22

    @KDean22

    3 ай бұрын

    BIGGER PROBLEM IS LOW INTELLIGENCE

  • @Extommy1
    @Extommy18 жыл бұрын

    I have always advocated putting the aid straight into the African Dictators' Bahamian bank accounts, thus cutting out the middle man.

  • @jerrymacmillanjr9955

    @jerrymacmillanjr9955

    7 жыл бұрын

    Extommy1 You already did if you contributed to Clinton foundation

  • @reynoldsad7
    @reynoldsad77 жыл бұрын

    ... brilliant

  • @simonmaverick9201
    @simonmaverick92013 жыл бұрын

    Hallelujah

  • @dyogoduncandickson3808
    @dyogoduncandickson38086 жыл бұрын

    The talk is done, lets now do the walk. Afrika Tunawakilisha

  • @KDean22
    @KDean223 ай бұрын

    LOW INTELLIGENCE IS THE BIGGER PROBLEM

  • @brownsford7501
    @brownsford75013 жыл бұрын

    No matter how many minerals we have in Africa, it can never free us from slavery but one expensive natural resource that can help us to be freed is our "Mindset".......its a big work to do @Dambisa Moyo. We read less and our African academic curriculum keeps on draining us😞

  • @Boahemaa
    @Boahemaa3 жыл бұрын

    Aid is funding government incompetence on the continent. It is a bad cycle that keeps the African continent without proper economic structures. This was great. Good job Dambisa!

  • @jnetd03
    @jnetd0314 жыл бұрын

    It is like welfare, if I am receiving a check every month, why should I go and work hard and contribute to society. That is the way of thinking in Africa. I will get it regardless.

  • @e.e.schiemer3135
    @e.e.schiemer3135 Жыл бұрын

    100% agree because aid provides a short-term consumable service that is meant to be a stop-gap measure it is not designed to deliver the type of long-term sustainable growth that is required for genuine development and for African countries to have better input on global issues because 80% of the population on the continent are people under 30 who need skills and training in industries and services to foster that growth in economies with institutes and infrastructure provided by governments (which is why they need to be held accountable as Dr Moyo says because these elites have armies supressing opposition & media so more global pressure & less free money would be a great start!) - more aid $ is used to line some elite's pockets than to feed starving children... :/

  • @lawrence_ksk
    @lawrence_ksk4 жыл бұрын

    What an eloquence

  • @brokecreole
    @brokecreole10 жыл бұрын

    interviewer "I hope you are right?" response, Ms. Moyo "I am right!!!" would he have said this to a white man sitting in front of him? really????

  • @ab-pj2ur

    @ab-pj2ur

    9 жыл бұрын

    Well as an Australian, his country does have a history of exterminating and marginalising blacks so yeah, racism can rub off on him - politically correct racism where its more occult, but I think we should focus more on her and her message than him.

  • @brokecreole

    @brokecreole

    9 жыл бұрын

    Damiano Cavaliere the message is clear and practical but not advisable for the European and American economy. It will force billions to admit that something is wrong and needs correction. It is very expensive to change our thinking. Who is going to pay for this?

  • @Kobe29261

    @Kobe29261

    8 жыл бұрын

    +brokecreole You give me a lot of hope -if I'm reading you correctly; you are doing what Slavoj Zizek recommends. Addressing how the way a question is formulated can affect our ability to address a problem - if we keep asking 'how much more money do the Africans need to come out of povery?' then we can ignore the larger question which you brilliantly diagnosed. I wish you well; there are too few of you out there - either that or am on my period! lol! I see so much anger towards her from the ignorant whose pride is insulted by her honesty and the emotionally challenged whose need for absolution is likewise hurt by her denial of bandaid solutions. I wish I could get to know you better; your journey must be fascinating. Godspeed my friend!

  • @brokecreole

    @brokecreole

    8 жыл бұрын

    I agree. The danger of single story

  • @mesmerdoue5321
    @mesmerdoue53216 жыл бұрын

    This is a message the continent needs.

  • @elizabethritamacdonald5691
    @elizabethritamacdonald56917 жыл бұрын

    The interviewer should have read the book first....

  • @Rachidasister

    @Rachidasister

    3 жыл бұрын

    Haha. Reading saves lives.

  • @forthesakeofvoyerism
    @forthesakeofvoyerism13 жыл бұрын

    She's right, this modernist approach hasn't and isn't effective, its built upon this whole ideaology that money can save everything, it's just an ineffective quick fix.

  • @84tonikk
    @84tonikk6 жыл бұрын

    Insightful. Africa-Economy-Africa translations. Economic system has the same principals it always has had. It's about materialism and resources. But it gives something if you live on it too.

  • @melanitex1089
    @melanitex10896 жыл бұрын

    07:43 That right there is why these big European corporations want to to keep pushing AID on African nations. They do not want Africa to stand on it's own two feet....

  • @claritarejoice
    @claritarejoice15 жыл бұрын

    very powerful

  • @francisbacon87
    @francisbacon8714 жыл бұрын

    she is not the only one. Look at the videos of James Shikwati -a keniyan economist-. He said that the aid is destroying Africa. Why? A main reason: Tons of foods of that aid enter in the black market and the national producers CAN NOT COMPETE with those products. This fact generates more pain and problems for Africa.

  • @024yara
    @024yara Жыл бұрын

    wow what an intelligent woman.

  • @nkanyisosibindi8053
    @nkanyisosibindi8053 Жыл бұрын

    Great ideas

  • @ipfreak
    @ipfreak11 жыл бұрын

    what africa needs are business opportunities, business partnerships, not handouts...

  • @consensussoftwarekenya4765
    @consensussoftwarekenya47653 жыл бұрын

    Wow! This is so profound . The most apt description of the African scenario. Bulls eye!!

  • @honoriodala4946
    @honoriodala49464 жыл бұрын

    I need to buy this book

  • @vollsticks
    @vollsticks11 жыл бұрын

    You schooled everyone on this thread. Respect. And respect to Dambisa Moyo. I actually read "Dead Aid" a few years ago, what I remember of it was a well-written, persuasive argument against this kind of Western white Paternalism. I recommend it to anyone with half a brain who wants to know how the world REALLY works.

  • @derbynanaakua9675
    @derbynanaakua96757 жыл бұрын

    my heart bleeds for mother Africa whenever the notion of striving on the means of foreign aid. I think aid is making our continent handicap without taking any constructive means to develop our heritage by ourselves.You do all Dambisa Moyo

  • @GrooveAfrika
    @GrooveAfrika13 жыл бұрын

    Indeed you are right Dambisa! Power to the people.

  • @jameswang362
    @jameswang3627 ай бұрын

    Watching this in 2023. Dambisa Moyo is person with a far sight. Foreign investment is the driving force in the economic growth in many African countries now.

  • @forthesakeofvoyerism
    @forthesakeofvoyerism13 жыл бұрын

    You go Glen Coco!

  • @yvakristianacaces4680
    @yvakristianacaces4680 Жыл бұрын

    "I am right." SLAYYYYY

  • @fatemekh8849
    @fatemekh88493 жыл бұрын

    5:47 that death glare though! + I would like to thank the video editor for not cutting the part where she says "I am right". I love you, whoever you are. You did great.

  • @Ponerology
    @Ponerology14 жыл бұрын

    Brilliant and undeniably true!

  • @mukondechiti
    @mukondechiti2 жыл бұрын

    2021 and she is still on point

  • @Mathildaonline
    @Mathildaonline12 жыл бұрын

    One of the problems is that because of the pervasive corruption in Africa companies are reluctant to invest there. I know the Chinese are moving into Africa now. I hope they can make some kind of order from the chaos. We made a right pigs ear of it.

  • @nhomcotbol1644
    @nhomcotbol1644 Жыл бұрын

    The Aid agencies make people hope for them more than officials that they elected into offices to deliver more services then Aid can. 🥺🥺

  • @lancelotk2008
    @lancelotk20086 жыл бұрын

    Excellent interview.

  • @Miayi12
    @Miayi127 жыл бұрын

    Well, when African countries were colonies they had infrastructures, hospitals, were less poor (even she mentioned that in 70's only 10% of africans were poor). I'm against the foreign aid, mainly because it destroys the local economy, if you give free shoes, the local shoe maker will lose his job, if you give free potatoes, the local farmers will lose their sales etc. If they choose normal politicians and let people who want to invest there work without paying bargains or worrying for their lives, they can get it through.

  • @kanguehkanlapdhor1492
    @kanguehkanlapdhor14927 жыл бұрын

    thank madam dambisa moyo it was very interested debate

  • @Dr-zj5uy
    @Dr-zj5uy2 жыл бұрын

    2022 I’m watching this documentary she is right we can’t depend on aid as African countries

  • @munyegeraricardojohn5978
    @munyegeraricardojohn59787 жыл бұрын

    Even though with recent times aid has reduced; now Africa is being swallowed by the FDI portfolios on her scarce resources! Exploitation is drastically happening and deadly emissions of carbon in space together with other vagaries; the oil spill in Nigeria is another headed while in Zambia, people living and working in the copper and around them can tell the story too. One day, someone like #Dambisa will see this as another form of aid being re-rooted! Hard facts but kuddos to Dambisa

  • @hopemuzembe8140
    @hopemuzembe81404 жыл бұрын

    2020.....and im here.....$300 million ...squandered...im in Zimbabwe...

  • @JordanjamesX
    @JordanjamesX14 жыл бұрын

    Dambisa is right the western world ignores successful African countries such as Botwswana! Botswana's economy is growing!

  • @serahsusanmarah7663
    @serahsusanmarah76632 жыл бұрын

    This is a beautiful presentation. Am Amazed my lady. Keep it up

  • @lucypembroke8333
    @lucypembroke83335 жыл бұрын

    Invaluable video. Should have been aired on every western TV station. Alas, 10 years on the problem has multiplied

  • @KDean22

    @KDean22

    3 ай бұрын

    BIGGER PROBLEM IS LOW INTELLIGENCE

  • @andrekuratomi3880
    @andrekuratomi3880 Жыл бұрын

    Watching 13 years later. And likening it... ahahah

  • @Accuface2000
    @Accuface20006 жыл бұрын

    Wow, this woman is a legend, intelligent and articulate. She really cares for Africa, it's someone who believes in the potential of Africa, that we can be developed as Western countries, only if we could do away with the dependency syndrome that has plagued the continent for the past 100 years. If you think like a beggar you will always remain a beggar.

  • @xPostpunk
    @xPostpunk3 жыл бұрын

    Still right!

  • @phonexmtambo3001
    @phonexmtambo30013 жыл бұрын

    dambisa moyo did not miss words

  • @chaddefranche7399
    @chaddefranche739926 күн бұрын

    Wow

  • @zerocyfer
    @zerocyfer2 жыл бұрын

    Completely agree with your views on Africa needing trade and not Aid. I always ask myself this question: "Why would my neighbor come to my house and offer to take care of all my bills: utilities, food, clothing, etc.". Well it is simply because he has more to gain by "helping" me. "He is probably sleeping with my wife", is my response. Looking back in history, Africa was the center of the world. Center of trade, education, wealth (The Mali Empire, etc.). At some point, Africa fell, and has not been able to rise again. I feel "aid" and foreign African diplomacy part of the reason Africa is not moving forward - despite having all the resources the world needs today: minerals, space, able human resources, etc. Somehow, the world wants Africa to remain separated (54 countries), while they continue to unite, US, EU, NATO, UN, etc. Clearly it is easier for a large nation to negotiate (and get its way (!)) with one poor African country vs a string, focused, determined, United Africa. Now there is a vision. A United Africa. Story for another time.

  • @jerrymacmillanjr9955
    @jerrymacmillanjr99557 жыл бұрын

    We need to make a program where it's mandatory for all African Americans to spend 5 years of there life living in Africa and helping theese villages and children so they will have a new found love of America starting with Gangs

  • @bigbyn8032

    @bigbyn8032

    6 жыл бұрын

    That's bullshit when AA are incentivised to go to Africa. Why the fuck would we come back to this?

  • @DeekayLabron
    @DeekayLabron2 жыл бұрын

    This helped me on my development studies thank you.

  • @1masnde

    @1masnde

    Жыл бұрын

    Congratulations Deekay

  • @xtxt9135
    @xtxt91352 ай бұрын

    Leaders spend money, they don't generate money.

  • @AK47_Driller
    @AK47_Driller3 жыл бұрын

    Great video. #BanAllNGO's #SelfSufficiency

  • @timothypatitsas8154
    @timothypatitsas81547 жыл бұрын

    What gives life to aid is all the work it creates within the donor countries: industry likes it, unions like it, bankers like it. For them, it's guaranteed profits. Diplomats like it, because it buys influence in foreign capitals. So, even though we all know it doesn't work for the countries being helped, there is no one on the donor side to argue against it. Maybe the churches could? But they have mostly fallen for the line that socialism is the best economic system...

  • @jamesfreeman9554
    @jamesfreeman95545 жыл бұрын

    I never met a queen but I would think that what one would speak like she is so right .

  • @edugitonga2024
    @edugitonga20244 жыл бұрын

    💯

  • @collinhenry9996
    @collinhenry99963 жыл бұрын

    So is this really Dambisa Moyo channel or is it somebody else who made channel about her?

  • @ikemreacts
    @ikemreacts5 жыл бұрын

    "And I am right." BOOM, HATERS!

  • @reetareeta6556
    @reetareeta65563 жыл бұрын

    Wow, 'Lets hope you are right' and her response is fab, 'Yes I am RIGHT'. Just Fab. I have been saying it for a long time so I am glad that someone of African descendent has done a research about it and most of all wrote a book about it. Well done Lady Boss!!!

  • @chileshesimbulenations
    @chileshesimbulenations3 жыл бұрын

    My pain is that they are not listen to her wisdom............ These politicians

  • @TheBabadogo
    @TheBabadogo6 жыл бұрын

    The interviewer's bias toward maintaining the status quo is so hard to hide. smh

  • @9879SigmundS
    @9879SigmundS3 жыл бұрын

    Same could be said for Johnson’s Great Society.

  • @FantasticallySmooth
    @FantasticallySmooth6 жыл бұрын

    In developed countries a ROI of 15% is crazy good. In Nigeria, for instance, MPR is 14% with commercial banks lending at 24%. How can businesses thrive when they are borrowing at rates higher than the cost of capital? The capital market is a great theoretical idea but in reality only accessible to precious few. This woman is a capitalist to the core and if given leadership positions will propagate inequality in Africa.

  • @Mathildaonline
    @Mathildaonline12 жыл бұрын

    Smart lady, head on the right way.

  • @matthewphiric.o.549
    @matthewphiric.o.5495 жыл бұрын

    Dambisa is brilliant.

  • @timsweeney4557
    @timsweeney45573 жыл бұрын

    I just watched a few interviews with Dambisa Moyo where she says that direct humanitarian aid (one of the three forms of aid) she is not only for but feels it is a moral imperative as humans. Her point is that not investing in long term, sustainable solutions like education, healthcare, trade, etc. makes economic growth difficult to impossible. Gates does bring up a good point, if true, that the hook of the book caused a drop in the same humanitarian aid. White male interviewers with her back then were largely horrible in not understanding the issues and being short and accusatory towards her. Gender and race discrimination. In getting points across some salesmanship can increase attention which happened here for someone whose ideas had not been listened to largely and she makes a great point (easier to see now admittedly) that investing money in sustainable issues is necessary in Africa and has been largely ignored. She seems to communicate economic realities and remedies, in some ways, as well or better than anyone else. The "Aid Is Dead" hook had its positives and negative effects. Can we take her good insights and continue to move forward? "Yes" is the correct answer here.

  • @jnetd03
    @jnetd0314 жыл бұрын

    @politicalthinker1 I completely agree with you. If you think about it, Africa is one of the continents with the most natural resources. China on the other hand, lacks in natural resources but produces most of the worlds products. China is developing a relationship with Africa to continue getting those resources to produce items for export. Africa not only sells the resources, but it buys Chinas products and technology. Africa is are paying China to take it's resources.

  • @stephentsang2000
    @stephentsang200012 жыл бұрын

    @iceprincessfm Here in China, I am a factory worker working 12 hours a day, 7 days a week. And I don't spend much except on basic necessities so that I can save enough money for future investment, making people to work for me someday, instead of me working for other people. This is the only way to break free from depending on the mercy of your bosses. Diligence, endurance, frugality and learning is the crux of our Confucius culture. I don't think that's idiotic.

  • @jonathanengel986
    @jonathanengel98611 жыл бұрын

    The Hapsburg family controlled most of Europe at the time. The Holy Roman Empire as it was called. Around that same time Britain, The Dutch and the French where colonizing North America, Hapsburg Spain was conquering the Indigenous people of South and Central America. It was hardly a barbaric time. It was the age of discovery, when Europe surpassed the world in technology, wealth and culture.

  • @chitanibeston-oe3te
    @chitanibeston-oe3te Жыл бұрын

    Put it in simple and straightforward way, should donors stop giving scholarship to African students?

  • @denisemorrison6774
    @denisemorrison67743 жыл бұрын

    What's so hard to understand? The poor and common citizen DOES NOT see the "aid"!!!

  • @dibble2005
    @dibble20052 жыл бұрын

    Well done. You are right.

  • @ebukskov
    @ebukskov Жыл бұрын

    Hi Moyo, I debated in favor of your report in grad school today. At the end, my colleagues and the faculty are well informed of the need for more innovation than more aid. Aid isn't all bad, as it's vital at some point in time, but it's bad when we become perpetual aid seekers of iniquity. These aid mostly don't get to the ordinary people in any way. Even if it gets, how long will they depend on it? It's time to rise and innovate! It's time to work for our future and for posterity. The Prosperity paradox should be well understood.