Two financial experts, both involved in philanthropic work, will critique some of history's best intentions, asking whether billions in foreign aid to the developing world has paid off.
Dambisa Moyo is the bestselling author of Dead Aid, a book that provoked debate around the world about why traditional aid has had limited success in Africa. She holds a Ph.D. in economics from Oxford University and was named one of the 100 most influential people in the world by Time magazine. Diana Taylor served as New York state superintendent of banks, cracking down on check-cashing companies that preyed upon the poor, and is now the managing director of Wolfensohn & Co. As Mayor Michael Bloomberg’s companion, she is known as the unofficial first lady of New York City.
The discussion will be moderated by Richard Haass, president of the Council on Foreign Relations and a former high-level State Department official.
• From the Daily Beast: Read Dambisa Moyo’s essay arguing that aid in Africa has made a bad situation worse
• Click here for a full summit agenda
• Click here to read more about the amazing lineup of Women in the World speakers