Quotes by Dambisa Moyo - Page 1

I'm an economist, not a political scientist.
Dambisa Moyo / Author
Economist
Scientist
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I'm not a politician - it's not my cup of tea.
Dambisa Moyo / Author
Cup
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The World Bank can only survive if it's spending money.
Dambisa Moyo / Author
Spending
Spending Money
World Bank
Bank
Survive
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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.
Dambisa Moyo / Author
Existence
Sciences
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I had the good fortune to spend hours with my parents around the dinner table having debates on politics and economics.
Dambisa Moyo / Author
Dinner
Dinner Table
Good Fortune
Debates
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The fact that Brazil and Chile now has China as their largest trading partner means the Monroe Doctrine is certainly something of the past.
Dambisa Moyo / Author
Doctrine
Mean
Past
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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.
Dambisa Moyo / Author
Creating
Economic
Economic Growth
Growth
Large Scale
Poverty
Reducing
Africa
Aid
Dead
Programs
Limitations
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I was born and raised in Zambia in 1969. At the time of my birth, blacks were not issued birth certificates, and that law only changed in 1973.
Dambisa Moyo / Author
Birth
Changed
Raised
Blacks
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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.
Dambisa Moyo / Author
High Quality
Mindset
Western
Political System
Synonymous
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I wish we questioned the aid model as much as we are questioning the capitalism model. Sometimes the most generous thing you can do is just say no.
Dambisa Moyo / Author
Generous
Questioning
Saying No
Sometimes
Wish
Aid
Questioned
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At its very best, the Western model speaks for itself. It's the model that put food on the table. It's the refrigerators. It put a man on the moon.
Dambisa Moyo / Author
Moon
Western
Speaks
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If I go to Singapore, I have friends there. If they came to Zambia, they'd feel the same way. I've made connections, and I have friends in many, many countries.
Dambisa Moyo / Author
Connections
Singapore
Countries
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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.
Dambisa Moyo / Author
Organization
Venture
Bank
Joint
Runs
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The fact that China has about seven percent arable land, means that she’s always going to be looking for places that have more arable lands to finance or to provide food stuffs.
Dambisa Moyo / Author
Land
Mean
Stuff
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I am fortunate: my parents told me the world was my oyster, when they could have said I wouldn't make it for a lot of reasons - rural, girl, small African country. So, no regrets.
Dambisa Moyo / Author
Girl
Fortunate
No Regrets
Lot
World I Am Me
African
World Me I Am
Could
Small
Parents
Regrets
Oyster
Reasons
Rural
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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.
Dambisa Moyo / Author
Corruption
African
Images
Succumb
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This is my favourite thing about being raised in Africa: we don't do labels very well; we don't do this, 'Oh, you're a Democrat; oh, you're a Republican.' Because we live in the real world.
Dambisa Moyo / Author
Favourite
Labels
Real World
World Live Real
The Real World
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Too many African countries have already hit rock-bottom - ungoverned, poverty-stricken, and lagging further and further behind the rest of the world each day; there is nowhere further to go down.
Dambisa Moyo / Author
Each Day
African
Nowhere
Further
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Thanks to aid, a distressing number of African leaders care little about what their citizens want or need - after all it's the reverse of the Boston tea-party - no representation without taxation.
Dambisa Moyo / Author
Boston
Distressing
Representation
Taxation
Thanks
African
Aid
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The insidious aid culture has left African countries more debt-laden, more inflation-prone, more vulnerable to the vagaries of the currency markets and more unattractive to higher-quality investment.
Dambisa Moyo / Author
Currency
Insidious
Investment
Unattractive
African
Aid
Countries
Markets
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The fact of the matter is that instead of going around the world and haranguing countries for engaging with China, the West should be encouraging its own businesses to trade and invest in these regions.
Dambisa Moyo / Author
Encouraging
Engaging
Businesses
Invest
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Under the all-encompassing aid system, too many places in Africa continue to flounder under inept, corrupt and despotic regimes who spend their time courting and catering to the demands of the army of aid organizations.
Dambisa Moyo / Author
Army
Catering
Regimes
Africa
Aid
Corrupt
Courting
Despotic
Organizations
Spend
Inept
Places
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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.
Dambisa Moyo / Author
Comment
Dependence
African
Celebrities
Continent
Inadvertently
Object
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In a perfect world what poor countries at the lowest rungs of economic development need is not a multi-party democracy, but in fact a decisive benevolent dictator to push through the reforms required to get the economy moving
Dambisa Moyo / Author
Country
Moving
Party
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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.
Dambisa Moyo / Author
Pioneers
Colonial
Rural
Unreservedly
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I have dedicated many years to economic study, up to the Ph.D. level, to analyze and understand the inherent weaknesses of aid and why aid policies have consistently failed to deliver on economic growth and poverty alleviation.
Dambisa Moyo / Author
Consistently
Dedicated
Economic Growth
Inherent
Aid
Analyze
Deliver
Failed
Policies
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The most obvious criticism of aid is its links to rampant corruption. Aid flows destined to help the average African end up supporting bloated bureaucracies in the form of the poor-country governments and donor-funded non-governmental organizations.
Dambisa Moyo / Author
Average
Corruption
Criticism
Destined
Links
Obvious
African
Aid
Bloated
Organizations
Flows
Governments
Rampant
Supporting
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A nascent economy needs a transparent and accountable government and an efficient civil service to help meet social needs. Its people need jobs and a belief in their country's future. A surfeit of aid has been shown to be unable to help achieve these goals.
Dambisa Moyo / Author
Jobs
Achieve
Belief
Civil Service
Economy
Efficient
Needs
Transparent
Accountable
Aid
Civil
Meet
Nascent
Service
Shown
Unable
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I would say issues around human rights - either you're going to take a hard stance, or you're not. You can't borrow money from China the way the U.S. has done and then turn around and say, 'But you've got a human-rights problem.' You can't be half pregnant.
Dambisa Moyo / Author
Human Rights
Pregnant
Stance
Borrow
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I don't think my background in Zambia has really affected my lens because my classical training has been Western-style. But it's fantastically fortuitous to have been born African because I don't feel I have a vested interest to the U.S. or China or wherever.
Dambisa Moyo / Author
China
Fortuitous
Training
African
Background
Classical
Lens
Vested
Vested Interest
Wherever
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This is a great continent. I went to primary school on this continent, secondary school, university. I've worked on this continent, and I think that it's a great disservice that, for whatever reason, people have usurped an imagery of Africa that is absolutely incorrect.
Dambisa Moyo / Author
Disservice
Imagery
Primary School
Secondary School
Continent
Incorrect
Secondary
Usurped
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There's not a single country that actually approaches economics in a pure, free market, capitalist way. I like the free market - but it very much exists only in textbooks. If I had a choice, and we could live in a very pure world, I would be a supporter of the free markets.
Dambisa Moyo / Author
Capitalist
Free Market
Pure
Supporter
Textbooks
Approaches
Exists
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There are tons of examples of U.K. and European mistakes. A classic one is pensions. That's obviously not an America-specific thing. The British and European economies are suffering under the weight of what is to come. The next great Ponzi scheme after Madoff is probably pensions.
Dambisa Moyo / Author
Classic
Examples
Scheme
Pensions
Tons
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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.
Dambisa Moyo / Author
Handle
Harvard
Masters
Public Policy
Thesis
Initially
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A constant stream of 'free' money is a perfect way to keep an inefficient or simply bad government in power. As aid flows in, there is nothing more for the government to do - it doesn't need to raise taxes, and as long as it pays the army, it doesn't have to take account of its disgruntled citizens.
Dambisa Moyo / Author
Army
Bad Government
Citizens
Constant
Disgruntled
Taxes
Power Money Government
Account
Aid
Simply
Flows
Inefficient
Pays
Raise
Stream
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China is attempting the death-defying feat, which no one has attempted in the history of the world, which is to move a billion people out of poverty. When I speak to Chinese policy-makers, the thing that annoys them the most about Western policy-makers is that they're not given any credit for anything.
Dambisa Moyo / Author
Chinese
Credit
Western
History World People
Annoys
Attempted
Billion
Feat
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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 / Author
Alleviate
Developing
Disaster
Done
Economic
Humanitarian
Millions
Misery
Myth
Notion
Political
Poverty
Today
World
Africa
Aid
Today Political World
Developing World
Ended
Increased
Parts
Poorer
Systemic
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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.
Dambisa Moyo / Author
Equilibrium
Low Level
Africa
African
Aid
Develop
Reached
Whose
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If you think about the last 50 years, Africa's proximity and historical context has absolutely been with Europe and the United States, but their approach in dealing with the economic challenges that Africa faces in particular has been one of handing out aid, not developing economies, not building a long term relationship around agriculture and so on.
Dambisa Moyo / Author
Europe
Thinking
Years
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Ask most people who live in a home and have a mortgage on it whether they own their own home and the answer is almost guaranteed to be a resounding 'yes'. Yet it's the wrong answer. Technically speaking, until they have paid the mortgage off, they don't own it. Herein lies the difference between reality and illusion, between ownership and control. This confusion lies not only at the individual level, but also at the heart of government thinking.
Dambisa Moyo / Author
Home
Heart
Lying
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Dambisa Moyo Quotes - Page 1

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