- Economist | February 2, 1969 -
I'm an economist, not a political scientist.
Dambisa Moyo
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I went into the sciences very early on, but to me, economics pervades so much more of our lives and our existence.
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I was initially very interested in public policy, but then after my masters at Harvard, I felt that it was important to get a better handle on the economics of it as well. I did my Ph.D. in macroeconomics, and my thesis - 'Why Is It That Some Countries Save And Others Not?' - was on savings.
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The people I admire unreservedly are my parents. They are the real pioneers of Africa in many ways. They were born and raised in rural Africa during the colonial period. They are the ones who came to the U.S. long before I did.
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'Dead Aid' is about the inefficacy and the limitations of large-scale aid programs in creating economic growth and reducing poverty in Africa.
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The western mindset erroneously equates a political system of multi-party democracy with high-quality institutions... the two are not synonymous.
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Many Africans succumb to the idea that they can't do things because of what society says. Images of Africa are negative - war, corruption, poverty. We need to be proud of our culture.
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I'll make a general comment about this whole dependence on 'celebrities.' I object to this situation as it is right now, where they have inadvertently or manipulatively become the spokespeople for the African continent.
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My mother is chairman of a bank called the Indo-Zambia Bank. It's a joint venture between Zambia and India. My father runs Integrity Foundation, an anticorruption organization.
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The World Bank can only survive if it's spending money.
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We've reached a very low-level equilibrium where it's not clear whose interest it is in to develop Africa... It's not in the interest of those in the aid industry to develop Africa because then there'd be no more industry and 500,000 people would lose their jobs. The only people whose interest it is in is Africans, but they have no voice.
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