During the past fifty years, more than $1 trillion in development-related aid has been transferred from rich countries to Africa. Dambisa Moyo asserts, however, that this assistance has made African people no better off. "Africa's real per capita income today is lower than in the 1970s, with over half of the 700 million Africans living on less than a dollar a day."
Eschewing the "glamour aid" of celebrities such as Bob Geldof and Bono, she argues that the key to transforming African countries is to make them less reliant on foreign aid and compel them to "enforce rules of prudence and not live beyond their means."
Dambisa Moyo is an international economist and New York Times best-selling author whose books take on challenging, economic issues. In her most recent book, Winner Take All: China’s Race for Resources and What It Means for the World, Dambisa tackles one of the most important and least discussed stories of the 21st century: the impending commodity crisis. During her UP presentation, Dambisa will discuss the implications of water, arable land, and fossil fuels running out across global markets; and particularly, what it means to the U.S. Dambisa was named by Time Magazine as one of the “100 Most Influential People in the World”, and was named to the World Economic Forum’s Young Global Leaders Forum. Moyo is a regular contributor to publications such as The New York Times, Financial Times, The Economist, and Wall Street Journal, and has appeared as a guest contributor on CNN, CNBC, Bloomberg, BBC, and Fox Business News.
Peter M. Robinson is a research fellow at the Hoover Institution, where he writes about business and politics, edits the Hoover Institution's quarterly journal, the Hoover Digest, and hosts Hoover's television program, "Uncommon Knowledge."
Robinson is also the author of three books: How Ronald Reagan Changed My Life; It's My Party: A Republican's Messy Love Affair with the GOP; and the best-selling business book Snapshots from Hell: The Making of an MBA.
Economist and author Dambisa Moyo responds to her critics, explaining the long-term impact that charitable HIV/AIDS programs will have on building sustainable economies in Africa. She theorizes that such financial contributions allow African governments to be dependent on other world powers.
Economist and author Dambisa Moyo defends her opinion that impoverished countries need a "decisive, benevolent dictator." She explains that she is in favor of democracy, but they need to occur naturally - without external instigation.