Thesis of a Rigid Revivalist (Finance and Development)

CGD Experts

Publications


Sep 30, 2009

Finance and Development published CGD research fellow Michael Clemens' book review of Dead Aid by Dambisa Moyo.

From the article:

"DAMBISA Moyo’s widely discussed attack on the aid system—contrary to what you may have heard—never says that all aid should end in five years. Moyo does pose a rhetorical question about the consequences of quickly cutting off all aid, but page 76 makes it clear what she actually recommends: much more focus on using aid to encourage non-aid mechanisms of finance, so that aid declines over time with the ultimate goal of “an aid-free world."

Read the article