In fact, poverty levels continue to escalate and growth rates have steadily declined-and millions continue to suffer. In Dead Aid, Dambisa Moyo describes the state of postwar development policy in Africa today and unflinchingly confronts one of the greatest myths of our time: that billions of dollars in aid sent from wealthy countries to developing African nations has helped to reduce poverty and increase growth. In fact, across the continent, the recipients of this aid are not better off as a result of it, but worse-much worse.
Has this assistance improved the lives of Africans? No. In the past fifty years, more than $1 trillion in development-related aid has been transferred from rich countries to Africa.
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