Thursday, February 2, 2012

DAMBISA , THE ECONOMIST
Dr.DAMBISA MOYO is an international economist who comments on the macroeconomic, global affairs and, New York Times best seller.
She born in 1969, Lusaka Zambia. So she is a Zambian by nationality and she is married by a Swedish Tech billionaire .
She wrote a book on Why Aid is Not Working and How there is a Better way for Africa, which published in 2009.
Also its second book called How West was Lost; Fifty Years of Economic Folly – and the stark choices that lie ahead, published in early 2011.
Moyo holds a Doctorate ( PhD) in economics from St. Antony’s College, Oxford University.
She worked for the World Bank as a Consultant and at Goldman Sachs where she worked in the debt capital markets and an economist in the global Macroeconomist team.
On March 2011, The Daily Beast selected Moyo as one of “150 Extraordinary Women who shake the World” along with Hillary Clinton, Madelieine Albright and others.
Moyo she has many Awards from different category, such as Award from World Economic Forum as one of its Young Global leaders, also Moyo is a Regular Contributor to financial journal such the Economist and Financial Times.
Its book known as Dead Aid is all about why Aid is not Working , published in different language such as Chinese, English, French, Korean, Polish, Portuguese and Dutch as a result she became a New York Times Bestseller.
The book offers proposals for developing countries to finance development , Instead of relying on Foreign aid.
She argues that, foreign aid helps perpetuate the cycle of poverty and hinders  economic growth in Africa.
In Moyo second book “ How The West was Lost”, Fifty years of Economic Folly – The Book is available in paper back, hardcover, audio and Kindle editions.
The book offer a bold account of the decline of the economic Supremacy  of the west over the past 50 years.
On one of her interview she asked that what she think has held back Africans, she said……
“ I believe its largely aid. You get the corruption historically, leaders have stolen the money without penalty and you get the dependency , which kills entrepreneurship. You also disenfranchise African Citizens, because the government is beholden to foreign donors and not accountable to its people “ she said.
Another questions to her was – if people want to help out , what do you think they should do with their money if not donations? ……she answered ……Microfinance, Give people Jobs.
Dambisa Moyo until now she has 15 publication.
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