Summary Of Dambisa Moyo's Dead Aid

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1) In Dambisa Moyo’s book, “Dead Aid,” she explained that the lingering problems in Africa are caused by aid, which is given to African countries. She illustrated that aid encourages corruption, which corrupts civil society, then leads to lower-skilled infrastructure, and it undermines social capital. Aid also becomes a dependency for African nations. In Moyo’s book, she explained the reason why aid encourages corruption, which then leads to lingering problems in Africa. She argues in her book that 25 percent of world bank aid is misused. One of the examples that she illustrates is that in Uganda in the 1990s, only 20 percent of government spending on education actually made it to local primary schools in that country. Moyo further solidifies …show more content…
The U.S, however, came out as a world power with an economy that had grown during the War. Identifying the needs in Europe and the importance of economic stability, and infrastructure, Secretary of State, George C. Marshall, with other State Department officials under President Harry Truman, developed a resourceful way to provide approximately $13 billion in aid to European countries. The Marshall Plan then became Europeans Recovery Program (ERP), which gave about $13 billion to finance the economic recovery of Europe between 1948 and 1951. The Marshall Plan effectively increased the economic recovery, meeting its objective of restoring the positives to the European people in the economic plans for their own countries and of Europe as a whole. The plan promoted European economic integration and federalism and created a mixture of public organization of the private economy similar to that in the domestic economy of the United States. This reorganization of the European economy provided a more congenial environment for American …show more content…
For Europeans, they were rebuilding their system not starting from the ground to the top, unlike Africans did. According to Moyo’s book, “Dead Aid,” it illustrates that African countries see aid as a permanent means of money flowing into their countries. Moyo describes, “In contrast to the Marshall Plan’s short, sharp injection of cash, much of Africa has received aid continually for at least fifty years. [...] Without the inbuilt threat that aid might be cut, and without the sense that one day it could all be over, African government view aid has a permanent, reliable, consistent source of income,” (Moyo,36). The Marshall Plan did not work in African nations because countries such as America would not benefit from it. Unlike Africa, Europea helped themselves out because most of the resources and goods purchased with Marshall Plan funds came from the United States, and it benefited the American exporters and domestic industries. American corporation during that period built networks and trade links within Europe. Africa was not able to get this because most countries are afraid that when they invest in Africa, the corruption over there might lose them their money. Countries like the United States want to help people out, but if they know that they are not getting anything out of it, they would not help that country. Also, it the Marshall plan worked for Europeans because the

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