FOREIGN AID IN AFRICA: Did It Work?
By Africa-Related New York
Dr. Mo Ibrahim, Prof. Bill Easterly of New York University, Prof. Celestin Monga and Ms. Tanaka Chiimba discuss The Impact of Foreign Aid in Africa. (Screeshot from: Wheeler Institute)
The Wheeler Institute for Business & Development and the London Business School organized a 10-week open access course titled, African History through the Lens of Economics. This plenary session on the 10th week hosted Prof. William (Bill) Easterly of New York University, Prof. Celestin Monga of Harvard’s Kennedy School of Government, and Dr. Mo Ibrahim of the Mo Ibrahim Foundation. The plenary session, which examined The Impact of Foreign Aid was moderated by Tanaka Chiimba, a Senior Advisor at McKinsey & Company in South Africa.
- Did foreign Aid work in Africa
- Africa's approach to Aid
- Governance of Aid in Africa
- China in Africa
The 10-week course was attended by over 50,000 participants with over 28,000 certification awarded. The initiative is the brainchild of the main teaching faculty made up of Elias Papaioannou, Leonard Wantchekon, Nathan Nunn and Stelios Michalopoulos. The ideas and lessons from such programs can no doubt germinate into seeds of change for Africa.
If you missed it, you can still take the classes at your leisure. All course materials and lectures are free and can be found here:
Background on Speakers
Bill Easterly, Professor of Economics at New York University and Director of its Development Research Institute, is a leading scholar and authority on foreign aid and development. His books 'The Tyranny of Experts', 'The White Man’s Burden', and 'The Elusive Quest for Growth' have had a profound impact on policy making and our thinking on these issues.
Celestin Monga, Visiting Professor of Public Policy at Harvard’s Kennedy School of Government, Former Chief Economist and Vice-President of the Africa Development Bank Group, has done important research and policy work across the continent.
Mo Ibrahim has been one of Africa’s most successful entrepreneurs, whose business journey continues to inspire millions of Africans. Through the Mo Ibrahim Foundation, he and his team have focused their philanthropic work stressing the importance and promoting good governance and leadership.
Tanaka Chiimba is a Senior Advisor at McKinsey & Company in South Africa and a graduate of Sloan Fellow of London Business School (2019)