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"Why Aid is Not Working for Africa"- Public Lecture: Dambisa Moyo, Nov. 11. Print Email

October 26, 2009 UNC News Services

Dambisa Moyo, economist and New York Times best-selling author of “Dead Aid: Why Aid is Not Working and How There is a Better Way for Africa,” will speak Nov. 11 at the University of North Carolina at Chapel Hill.dead_aid.png

(Note change in time and location.)

Her address is part of the Business Across Border Series hosted by the Frank Hawkins Kenan Institute of Private Enterprise, the economic development and outreach arm of the Kenan-Flagler Business School, and is sponsored in part by UNC’s Center for International Business Education and Research.

The lecture begins at 5:30 p.m. in Kenan-Flagler’s Maurice J. Koury Auditorium. A reception will follow in the Kenan Center Dining Room. Both are free and open to the public. Seating is limited. Those who wish to attend should visit www.kenaninstitute.unc.edu/moyo to respond.

In her book, Moyo contends that the more than $1 trillion in government-to-government aid wealthy nations have given Africa over the past 50 years have trapped the continent in a vicious circle of aid dependency, corruption, market distortion and further poverty. She is an advocate for more innovative ways for Africa to finance development, including trade with China, accessing the capital markets and microfinance.

A native of Zambia, Moyo completed a doctor of economics at Oxford University, a master’s degree from Harvard University, and a bachelor’s degree in chemistry and master of business administration in finance from American University. She worked at Goldman Sachs for eight years in the debt capital markets, hedge fund coverage and global macroeconomics teams. Previously, she worked at the World Bank in Washington, D.C. Time magazine in April named Moyo one of the 100 most influential people in the world.

The Kenan Institute conducts research and programming in the areas of entrepreneurship, economic development and global competitiveness. For more information, visit www.kenaninstitute.unc.edu.

Kenan Institute contact: Cyndy Falgout, (919) 401-3548
News Services contact: Susan Houston, (919) 962-8415, \n susan_houston@unc.edu This e-mail address is being protected from spam bots, you need JavaScript enabled to view it