Critique on Dead Aid by Dambisa Moyo - Essay Example

Download file to see previous pages... Dambisa Moyo has an exceptional background on the African economy, since she has degrees from prominent learning institutions such as Harvard and Oxford. She has also worked in major organization globally such as World Bank and Goldman Sachs (Collier, 2009). The concept of the book is accepted because it has outstanding information. The summary of the research question of the argument, and theoretical framework of the Dead Aid is aptly analyzed. The internal analysis of Moyo’s book is examined in details by stating the type and eminence of evidence used. Lastly, a discussion on the input of the book to the larger debates on Globalization is discussed aptly. Part 1 Summary of the Research Question of the Argument, and Theoretical Framework of the Book The summary of the research questions of the argument and theoretical framework from Moyo’s Dead Aid is; ‘Is foreign aid affecting African economic progression negatively?’ The basic argument shows whether foreign aid set for Africa has failed, secondly, whether it has accelerated poverty in the African continent. Finally, it recommends other effectual ways of improving economic development instead of relying on foreign aid. The book discusses whether foreign aid granted to African countries has caused monumental injury, which damages the intended sectors such as political and monetary to be sustained. Part 2 Internal critical evaluation of the book: type of evidence used, quality of the evidence Case selection & how well does the evidence support the argument? The case selection of the book affirms how Moyo states causes and effects of foreign aid in African states. She tries to uncover the real truth to the world, which shows the failure of western countries to put extra efforts in finding other alternatives of making Africa’s economy stable and strong, despite the fact that their intentions of offering the donations are constructive. Thus, Dead Aid argument uncovers the ideological myth of aid as the core reasons for the underdevelopment of African states and the undermining the moral principle that makes granting of foreign aid as a political and ethical imperative. The case selection of the book tries to expose the failures of foreign aid in improving the economic status of Africa by stating the historical ascription of aid (Moyo, 2009). She states various methods western countries used to give out foreign aid as a tactical maneuver throughout the Cold War period. She also states the practical inefficiencies of handling the huge sum of foreign money by leaders in the economically deprived countries. She also blames the defective structure of aid that is implemented by countries, which has failed to bring economical change to African states. In her book, she highlights the growth rates of >5% and the high rankings of African stock exchange as evidences to show how the economy has improved in the states in some instances. These are some of the evidence and strengths of Dead Aid that approves the argument put across. Nonetheless, Moyo emphasizes by stating that Africa will continue to be the same, despite the positive shown and depicted by the progress of economic status. Another issue she brings to light is that individuals from African states will continue to remain in the same poor condition, as long as it receives foreign aid from diverse western counties. She illustrates the current condition in ...Download file to see next pagesRead More