There is a great Zambian woman that must be celebrated, as her contribution to the global economy cannot be ignored – Dr Dambisa Moyo, an influencer with over a million followers on LinkedIn.
Dambisa Moyo, PhD, is a global economist who sits on the boards of the 3M Company, Chevron Corporation, Barclays Plc, together with her colleagues in these global giants, overseeing US$1,6 trillion in worth.
The 3M Company, formerly known as the Minnesota Mining and Manufacturing Company is an American multinational conglomerate corporation operating in the fields of industry, worker safety, health care, and consumer goods, with a total assets worth US$36 billion.
Chevron Corporation is an American multinational energy corporation engaged in every aspect of the oil, natural gas, and geothermal energy industries, including hydrocarbon exploration and production; refining, marketing and transport; chemicals manufacturing and sales; and power generation, with total assets worth over US$250 Billion.
Barclays Plc is a British multinational investment bank and financial services company, who, apart from investment banking, are into four core businesses: personal banking, corporate banking, wealth management, and investment management, with total assets worth over US$1.4 trillion.
Dr Dambisa Moyo is a Zambian economist overseeing companies whose net worth is 70 times larger than the GDP of the Zambian economy (US$23 billion, 2018). She holds a PhD in Economics from Oxford, a Masters from Harvard.
At a time when Zambia is in need of investment, preferably from foreign direct investment sources, Dambisa Moyo would be a great port of call to create relevant relations and advice for not only the government, but companies establishing operations in the country.
Dambisa Moyo is a pre-eminent thinker, who influences key decision-makers in strategic investment and public policy. She is respected for her unique perspectives, her balance of contrarian thinking with measured judgment, and her ability to turn economic insight into investible ideas.
Dambisa was named to the list of Time 100 Most Influential people in the world; writes for the Financial Times, WSJ, Barron’s, Harvard Business Review and has travelled to 80 countries.
Dambisa has hundreds of interviews and features in media and events across the world on various topics such as Asset Allocation, China, Democracy, Emerging Markets, Geopolitics, Globalization, Global Growth, Immigration, Infrastructure and Real Estate, International Development, Leadership and Management, Lifestyle, and Technology.
Dambisa has earned a strong reputation as a top-tier opinion former and trusted advisor on Macroeconomics, Geopolitics, Technology and Millennial themes.
Her previous engagements as a director, executive, and consultant include institutes and companies like Goldman Sachs, The World Bank, SABMiller, and Seagate Technology.
She analyses the macroeconomy and international affairs, advising companies, corporate boards, CEOs and management on investment decisions, capital allocation and risk management.
Her work examines the interplay of international business and the global economy, while highlighting key opportunities for investment; capitalizing on her rare ability to translate trends in markets, politics, regulatory matters and economics into their likely impact on global business.
She is author of several books, academic papers, and featured articles in international media on global economics, financial markets and African trade. Her books include the most recent Edge of Chaos, Winner Takes All, How the West Was Lost, and Dead Aid.
In Edge of Chaos, Dambisa Moyo sets out the new political and economic challenges facing the world, and the specific, radical solutions needed to resolve these issues and reignite global growth. Dambisa enumerates the four headwinds of demographics, inequality, commodity scarcity and technological innovation that are driving social and economic unrest, and argues for a fundamental retooling of democratic capitalism to address current problems and deliver better outcomes in the future. In the twenty-first century, a crisis in one country can quickly become our own, and fragile economies produce a fragile international community. Edge of Chaos is a warning for advanced and emerging nations alike: we must reverse the dramatic erosion in growth, or face the consequences of a fragmented and unstable global future.
In her book Dead Aid, Dambisa Moyo noted, “In the past fifty years (2004 to 2009), more than $1 trillion in development-related aid has been transferred from rich countries to Africa. Has this assistance improved the lives of Africans? No. In fact, across the continent, the recipients of this aid are not better off as a result of it, but worse—much worse.”
In Dead Aid, she describes the state of post-war development policy in Africa today and unflinchingly confronts one of the greatest myths of our time: that billions of dollars in aid sent from wealthy countries to developing African nations has helped to reduce poverty and increase growth.
In fact, poverty levels continue to escalate and growth rates have steadily declined—and millions continue to suffer. Provocatively drawing a sharp contrast between African countries that have rejected the aid route and prospered and others that have become aid-dependent and seen poverty increase, Moyo illuminates the way in which overreliance on aid has trapped developing nations in a vicious circle of aid dependency, corruption, market distortion, and further poverty, leaving them with nothing but the “need” for more aid.
Debunking the current model of international aid, Moyo offers a bold new road map for financing development of the world’s poorest countries that guarantees economic growth and a significant decline in poverty—without reliance on foreign aid or aid-related assistance.
Dead Aid is an unsettling yet optimistic work, a powerful challenge to the assumptions and arguments that support a profoundly misguided development policy in Africa. And it is a clarion call to a new, more hopeful vision of how to address the desperate poverty that plagues millions.
Kofi Annan and Steve Forbes, are amongst the many that reviewed her work, read her books, and had this to say about her;
“Dambisa Moyo makes a compelling case for a new approach in Africa. Her message is that “Africa’s time is now”. It is time for Africans to assume full control over their economic and political destiny. Africans should grasp the many means and opportunities available to them for improving the quality of life.”– Kofi Annan, former UN Secretary-General
“The wisdom contained here—if absorbed by African and global policymakers—will turn this chronically depressed continent into an inspiring miracle of dazzling economic growth.”– Steve Forbes, President & CEO of Forbes Magazine
Source: dambisamoyo.com
