Tag Archives: Dambisa Moyo

Democracy is back – how awkward

Gideon Rachman of FT writes: It is ironic that the democratic movements in the Arab world broke out just as autocracy seemed to be coming back into fashion. Francis Fukuyama, whose “end of history” thesis epitomised the democratic triumphalism of 1989, recently wrote an article for this newspaper that lauded China’s ability to “make large… Read More »

Nigeria plans to issue naira-denominated bonds

Remember that Ms Dambisa Moyo recommends that African countries raise money through the international bonds market? The Nigerian Debt Management Office is planning to do just that: From Reuters: The head of Nigeria’s debt management office said on Friday he was hopeful of gaining parliamentary approval for its $500 million debut global bond now that… Read More »

Still on Dead Aid

Cover via Amazon I thought to draw attention to Jeffrey Sachs comments on Dambisa Moyo’s Dead Aid, and Ms Moyo’s response. Mr Sachs’s comments were a bit disapointing. I have expected more in substance from him. Read the opening, for instance: The debate about foreign aid has become farcical. The big opponents of aid today… Read More »

Fukuyama on Dead Aid

Fukuyama wrote a review of Dambisa Moyo’s Dead Aid, and the somewhat less popular The Challenge for Africa by Nobel Peace Prize winner Wangari Maathai. The following paragraph raises a very important issue about the problem with African countries. The roots of Africa’s political malaise go far deeper than the post-independence foreign-aid regime. Unlike East… Read More »