With nearly 1 million followers across key platforms, she is ranked just behind Paul Krugman, but ahead of Nobel Laureate Joseph Stieglitz, Larry Summers and Nouriel Roubini.
Watch this woman, Dr. Dambisa Moyo, Global Economist, New York Times Bestselling Author, PhD Oxford University. She was voted #9 in the Top 10 Economists on Twitter (by the FT’s Tim Harford). Dambisa was also ranked 6th most influential economist on social media by The Top Economists Power 100 (based on Klout scores). Dambisa was named by TIME Magazine as one of the “100 Most Influential People in the World,” and was awarded the 2013 Hayek Lifetime Achievement Award, suggested for a Nobel Prize, and received of the Presidential Medal of Freedom.”
Her work has taken her to more than 70 countries over the last decade, during which time she has developed a unique knowledge on the inherent conflicts facing developed economies, as well as the interaction between politics, international finance and developing markets. In particular, her work examines the interplay of international business and the global economy, while highlighting the key opportunities for investment, capitalizing on her rare ability to translate trends in markets, technology, politics, regulatory matters and economics into their likely impact on global business.
She makes good economic sense!
I like what Dr. Dambisa Moyo says. She uses the term “unintended consequences” to highlight how well intentioned policies can often have unintended consequences which have detrimental effects on an economy.I would add that no matter how good some intentions may be they do not guarantee competent executions. We can certainly learn a lot from her.
Watch this critical realist. She explains the what, why and the how to resolve/balance the public policy in relation to economics and individual freedom issues we face today in a practical way.
“Dr. 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 has earned a strong reputation as a top-tier opinion former and trusted advisor on Macroeconomics, Geopolitics, Technology and Millennial themes. She has worked at Goldman Sachs and the World Bank. She is now a Board member of Barclays Bank and Chevron. She holds a Doctorate in Economics from Oxford, a Masters from Harvard, and is recognized for fresh and innovative ideas as the Author of three (3) New York Times Bestselling Books:
Edge of Chaos: Why Democracy is Failing to Deliver Economic Growth and How to Fix It (2018)
Winner Take All: China’s race for Resources and What it Means for the World (2012)
How the West Was Lost: Fifty Years of Economic Folly and the Stark Choices Ahead (2011)
Dead Aid: Why Aid is Not Working and How There is a Better Way for Africa (2009)”
Much of her writing focuses on the dynamic interrelationships between impoverished states of her native Africa, emerging economies such as China, and established wealthy societies such as the United States.
The following are quoted from online sources:
(A write-up about her latest book Edge of Chaos, April, 2018)”A generation after the fall of the Berlin Wall, the world is once again on the edge of chaos. Demonstrations have broken out from Belgium to Brazil led by angry citizens demanding a greater say in their political and economic future, better education, healthcare and living standards. The bottom line of this outrage is the same; people are demanding their governments do more to improve their lives faster, something which policymakers are unable to deliver under conditions of anaemic growth. Rising income inequality and a stagnant economy are threats to both the developed and the developing world, and leaders can no longer afford to ignore this gathering storm.”
“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.”
I have chosen the following three talks (available at YouTube) at random.
1. an interview on investment/money
2. a serious speech in Oxyford about individual freedom and economics
3. a talk on How the West Was Lost: Fifty Years of Economic Folly—And the Stark Choices Ahead (2011) Moyo declared that Western countries such as the United States have imperiled their hard-earned prosperity by a half century of high consumption, low savings, and lack of investment in infrastructure (including education). Meanwhile, China’s model of a high savings rate and heavy investment in engineering and science has propelled it on a course of rising prosperity, and this model has become admired around the developing world…
Speaking of what the Chinese did right, she is certainly admiring of the Chinese, even to the extent of now learning Mandarin. She described how they did better in economic growth.
“They are innovators in the sense that they have had no problems in moving away from what was essentially a communist system into a capitalistic system,” she explains. “I actually have the confidence that they are flexible enough, certainly in the economic realm because they are not hamstrung by politics. They can implement policies tomorrow that we cannot in Britain or the United States because of the democratic issue. It’s those types of things that make their economy, which to me gives them a good chance.”..”
Moyo resides in New York City. She is an avid runner, and has run several marathons and half marathons. She travels extensively for board meetings, for lecturing and personal appearances.”
Dr. Moyo reminds me of this verse on a small number of individuals who have the ability and wisdom to see into a future based on what they know of the past and the present. They are a rather rare few but are very essential for national and global strategic long term policy making.
1 Chronicles 12:32 of the sons of Issachar who had understanding of the times, to know what Israel ought to do, their chiefs were two hundred; and all their brethren were at their command;