Dead Aid – on the reading list

Dead Aid is a book detailing why foreign aid from the West is destroying Africa. The author, Dambisa Moyo, is an African and an international economist. She paints a pretty bleak picture of the effect the aid poured into Africa by the West has had.

The more aid we give, the worse we make things. Though I haven’t finished it, it is a sobering read, even for someone who isn’t crazy about foreign aid.

I first became aware of this book from a TED talk by Ernesto Sirolli. (It is a long talk at 17 minutes, so make sure you have some time and a drink.) He started out working for an Italian NGO, but now supports entrepreneurs around the world. And the talk covers how to support entrepreneurs. Who do you think will solve the problems we face today? Government committees?

I can’t make the embedded video work due to my excessive security/privacy add-ons. If you have a similar problem, the video can be found here, where you can also download it for later viewing.