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Acknowledgements
Writing this book has been a multi-year project. It has been a challenging, exhilarating, wonderful and exasperating journey. Along the way, I was fortunate enough to meet the right persons at the right time. In their own unique way, each person made an invaluable contribution, more than they realize.
Very early in the process, when the book idea was just germinating, I met Philip Gould. His candour and guidance and confidence in me played a central role in the production of this book. So too have a number of extremely valuable brainstorming sessions with Tim Sebastian.
After many years of searching, I then met Caroline Michel, who has been nothing less than an agent extraordinaire! Anyone who has had the privilege of working with her will know exactly what I mean.
Over the years, I have greatly benefited from the conscientious research support of a number of people. In alphabetical order, I owe a great debt of gratitude to Steve Donze, Selim Gulesci, Gokce Hagnesten, Fatima Khan, Peter Nthepe, and Michael Wang. They have, in their own individual ways, left an indelible mark on the project.
In the spring of 2008, at what was arguably the most treacherous part of my whole book-writing process, I met Tim Binding. Without Tim, this book might never have been completed. I thank him for his patience and encouragement when I needed it most.
I have incorporated a range of excellent comments from Geordie Young, Peter Henry, Willem Buiter, Niall Ferguson and Rory Macfarquhar. This is without attribution. All errors and omissions are my own.
An enormous amount of gratitude is also due to the meticulous publishing team at Penguin. My editor, Will Goodlad, Gina Luck in Sales, Mark Handsley for thorough copy-editing, Nicola Hill, Jessica Price, and Pen Volger, all of whom had an important hand in getting the book from my mind to publication. And of course the publishing team at Farrar, Straus, and Giroux: Jonathan Galassi, Eric Chinski and Eugenie Cha have been nothing short of fantastic.
I thank Iris Mwanza, my oldest and dearest friend, for her indulgence. She was always there as I suffered and revelled at different stages of the expedition.
Finally, to my parents, Steven and Orlean Moyo, for their unwavering belief in me (and our continent Africa) every step of the way, even when there have been many reasons not to believe.
Index
Acleda (Cambodia) 132
Afghanistan 132
Africa: Geography and Growth (Collier) 30
African Growth and Opportunity Act 2000 (US) 118, 149
Alesina, Alberto 52
Amin, Idi 23, 108
Angola 105, 108, 120, 133
Annan, Kofi 101
Argentina 77, 82, 84, 86, 95–6
Asian financial crisis 1997 84, 87
Association of Southeast Asian Nations 124
Bachelet, Michelle 43
Banco do Brasil 134
Banco do Nordeste (Brazil) 132
Bangladesh 126
Bauer, Peter Thomas 58, 67
Benin 71–2, 94, 116
Beyond Aid (World Bank) 134
Biafra 26, 32
Black and Minority Ethnic Remittance Survey, The 133
Black Economic Empowerment regulations (SA) 111
Blue Orchard Finance 131
Blumenthal, Irwin 53
Bokassa, Jean-Bédel 23, 108
Bongo, President Omar 6
Bono 27
Boone, Peter 46, 66
Botswana
abandoning foreign aid 144
and bond issues 89
and HIV–AIDS 71
IDA graduate success story 38, 40
market-oriented incentives 34
tribal groupings 32
wise use of aid 76, 78, 150
Bottom Billion, The (Collier) 67–8
BRAC (Bangladesh) 132
Brazil 77, 82, 84, 86, 93, 117, 132, 151
Bretton Woods conference 10–11, 13, 19
British Colonial Development and Welfare Act 1940 (UK) 10
Broadman, Harry G. 123
Burkina Faso 106, 116, 120, 145
Burnside, C. 40
Burundi 145
Bush, President George W. 27, 55, 75
Calvinism 31
Cambodia 132
Cameroon 100, 125
Central African Republic/Empire 23, 108
Cerqueira, José 108–9
Chad 116
Chicago School of Economics 20
Chile 42–3
Chiluba, President Frederick 53
China 24, 34, 56, 98–9, 103–12, 117–23, 145–7, 152
China–Africa Cooperation Forum 103, 106, 120
Citizens Economic Empowerment Commission (Zambia) 111
Clay, Sir Edward 48
Clemens, Michael A. 46
CNOOC (Chinese energy company) 105
Cold War 14, 23–4
Collier, Paul 30, 32–3, 60, 67–8
Colonial Development Act 1929 (US) 10
Commission for Africa 101
Common Agricultural Policy (CAP) 115
‘conditional cash transfers’ 150–51
conditionalities of aid 38–9, 52
conflicts 59–60
Congo, Democratic Republic of 16, 48, 53, 71–2, 106, 108