Debt

Dambisa Moyo’s book, “Dead Aid,”has been receiving a fair amount of criticism from several quarters (see, for example, here, and here). My own take is that the book is right in the small, wrong in…

Afghanistan needs more well-trained Afghan soldiers and better Afghan police, but the question is who will pay for them? The country cannot afford to pay the additional costs out of its own…

I said earlier that more important than the level of additional aid is what governments do with their own and donors' resources. My colleague Jorge Arbache provides some answers.

How much additional foreign aid will it take to prevent the global financial crisis from becoming an economic, social, political and human crisis in Africa?

There is no question that the global financial and economic crisis is affecting Africa’s economic performance. The IMF’s World Economic Outlook forecasts a GDP growth rate for Africa of 3.5…