Quercus £7.99 (277pp) (free p&p) from the Independent Bookshop: 08430 600 030
Brodeck's Report, By Philippe Claudel
Friday 22 January 2010
Liberal hackles may rise when a former executive at Goldman Sachs publishes a polemic claiming that Africa's "cycle of dysfunction" is mainly caused by aid. But this knee-jerk reaction may be mitigated when you learn that the author is a young black woman from Zambia.
Moyo's case gains strength when you learn that $10 billion of aid money is siphoned off from the continent each year. Zaire's Mobutu is estimated to have stolen $5 billion. Despite receiving $1 trillion in development aid in the past half-century, much of Africa is going backwards. When aid peaked, poverty in Africa rose from 11 to 66 per cent. Moyo urges the West to copy China's direct investment: "Investment money is not as easy to steal."
Game of Thrones
Arts & Ents blogs
- 1 Barbarians vs Samoa interrupted by sprinklers as fans criticise lack of Wi-Fi and poor seating at West Ham's Olympic Stadium
- 2 Watch the Supermoon live: How to see the brightest Moon of the year tonight
- 3 Hulk Hogan wants to be Donald Trump's running mate in the US Presidential election
- 4 Blood Moon and Supermoon: September to bring brightest – and dimmest – full Moon of the year on same night
- 5 David De Gea to Real Madrid: Real finally get their man with £29m bid for Manchester United goalkeeper
Game of Thrones season 6: Jon Snow theorists believe Ned Stark's son may have a twin sister
Edinburgh Fringe 2015: Monty Python-inspired Australian Sam Simmons wins comedy award with 'very silly' show
X Factor hopeful Mason Noise: 'How is Cheryl Fernandez-Versini in the music business, let alone a judge?'
Game of Thrones season 6: Director promises most exciting premiere yet 'starts off with a bang'
Star Wars: The Force Awakens: Online toy marathon to launch new film
Climate change: 2015 will be the hottest year on record 'by a mile', experts say
'Women only' train carriages: Jeremy Corbyn unveils radical move to tackle public harassment
Black holes are a passage to another universe, says Stephen Hawking
Iain Duncan Smith 'should resign over disability benefit death figures', says Jeremy Corbyn
Tony Blair attacks Jeremy Corbyn's 'Alice In Wonderland' politics
Theresa May says migrants should be banned from entering the UK unless they have jobs lined up