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The notion that aid can alleviate systemic poverty, and has done so, is a myth. Millions in Africa are poorer today because of aid; misery and poverty have not ended but increased. Aid has been, and continues to be, an unmitigated political, economic, and humanitarian disaster for most parts of the developing world.
Dambisa Moyo
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"The notion that aid can alleviate systemic poverty, and has done so, is a myth. Millions in Africa are poorer today because of aid; misery and poverty have not ended but increased. Aid has been, and continues to be, an unmitigated political, economic, and humanitarian disaster for most parts of the developing world."
— Dambisa Moyo #moneywealth

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The notion that aid can alleviate systemic poverty, and has done so, is a myth. Millions in Af…

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The notion that aid can alleviate systemic poverty, and has done so, is a myth. Millions in Africa are poorer today because of aid; misery and poverty have not ended but increased. Aid has been, and continues to be, an unmitigated political, economic, and humanitarian disaster for most parts of the developing world. — Dambisa Moyo

About Dambisa Moyo

Dambisa Moyo was a Economist from Zambia (1969–present).

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Frequently Asked Questions

Who said "The notion that aid can alleviate systemic poverty, and has done so, is a myth.…"?
This quote is attributed to Dambisa Moyo, a Economist from Zambia.
When did Dambisa Moyo live?
Dambisa Moyo lived from 1969 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.