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Description
In the past fifty years, more than $1 trillion in development-related aid has been transferred from rich countries to Africa. Has this assistance improved the lives of Africans? No. In fact, across the continent, the recipients of this aid are not better off as a result of it, but worse—much... read more
Memorable Quotes
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“And it is in Africa that their campaign for global dominance will be solidified”
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“Bartering infrastructure for energy reserves is well understood by the Chinese and Africans alike”
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“Economics comes first, and when they own the banks, the land and the resources across Africa, their crusade will be over”
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“in the last sixty years, no country has made as big an impact on the political, economic and social fabric of Africa as China has since the turn of the millennium”
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“no reason to seek alternatives to fund development, when all you have to do is sit back and bank the cheques”
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“seduced by the siren call of aid, African governments sink their ships on the rocks of development demise”
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“The cycle that chokes off desperately needed investment, instils a culture of dependency, and facilitates rampant and systematic corruption, all with deleterious consequences for growth”
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“The cycle that, in fact, perpetuates underdevelopment, and guarantees economic failure in the poorest aid-dependent countries”
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“These are the things that aid promised, but has consistently failed to deliver”
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“The West can choose to ignore all of this, but, like it or not, the Chinese are coming”
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“This book is about the aid-free solution to development: why it is right, why it has worked, why it is the only way forward for the world's poorest countries”
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“To continue to grow at its extraordinarily rapid rate China needs fuel, and Africa has it”
First Sentence
Table of Contents
Authors & Contributors
- Dambisa Moyo (Author)
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