Dambisa Moyo

Dambisa Moyo gave a talk about Exit Strategies for Aid for Africa at the Africa Business Network where she urged governments to pursue development. Aid according to her is an inhibitor because it creates DYSFUNCTIONAL governments and creates STIGMA amongst the African people. i.e. People will always ask for relief from donors and will not seek ways to actively improve themselves. In addition corruption, bureaucracy, ethnic strife and poor political representation are problems associated with constant reliance on AID.

She urged trade with China, increased foreign direct investment and use of the capital markets as direct alternatives to the AID MODEL. Strengthening of micro finance institutions and remittances will also form a huge component of the EXIT strategy from AID.

Please see more at http://stopaid.org