Financial Times FT.com

Economy: Debate with donors over aid versus trade

By William Wallis

Published: September 22 2009 00:49 | Last updated: September 22 2009 00:49

Paul Kagame, Rwanda’s president, startled some of his international supporters when he came out in support of Dambisa Moyo, the Zambian economist whose book Dead Aid was making waves this year.

In the book, Ms Moyo proposed a series of market-centred solutions in place of foreign aid to Africa. Aid, she argued, encourages corruption, fosters dependency and stifles development. A barrage of attacks from anti-poverty campaigners followed.

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