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Dead Aid

Why Aid Is Not Working and How There Is a Better Way for Africa
Summary:

The book argues that foreign aid has harmed Africa by creating dependency, fostering corruption, and perpetuating poor governance and poverty. It advocates for alternative solutions, including investment, trade, and fiscal discipline, to promote long-term growth and development on the continent.

Key points:

1. Aid Dependency: Moyo believes constant aid to Africa creates dependency, stifling innovation and perpetuating poverty.

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