In her book "Dead Aid," Moyo describes Africa's aid dependency suggesting the use of raising government bonds to raise funds rather than borrowing from World Bank or governments giving the example of Nigeria, which has already been successful. ... Lack of Credible Threats and Accountability Opponents of Foreign Aid like Andrew Mwenda, a native of Africa, having seen the ill effects of Aid, argues the lack of threats and accountability as the principal reason for the failure of aid (Mwenda 2006). ... The alternative is credible due to having successful past implementation in South Korea a...

• Word Count: 1966
• Approx Pages: 8
• Grade Level: Undergraduate

These essentially include Association of South East Asian Nations, Argentina and Brazil and most importantly, China (Ghose, 14). ... The gap between the rich North and the poor South of the world has not closed despite globalization. ...

• Word Count: 2004
• Approx Pages: 8
• Grade Level: Undergraduate