Baroness Dambisa Moyo discusses her mental model for evaluating executive leadership candidates based on 15 years of corporate board experience.
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“Anybody who is going to be in front of me as a board member is qualified. I don't need them to necessarily relate to me how they built a team or generated returns. The fact that they're there tells me that they've done that. What I'm interested in is how do they calibrate for or think about navigating through things that seem implausible but could happen.”
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More from Baroness Dambisa Moyo
Insight
Moyo: No country in history achieved economic success without cheap energy.
“That's where I bring in my more fundamental view that no country ever in history has achieved economic success without having cheap energy.”
Baroness Dambisa MoyoJul 13, 2026▶ 45:07Economic Growth, Governance, and Capital Allocation – Dambisa Moyo (EP.510)
Opinion
Moyo: First super cycle in 40 years driven by AI, energy transition.
“It seems to me this is the first time from an economic lens we've had a super cycle in 40 years. We had women coming into the workforce and brought new consumers in the 19 forties and fifties. Then we had the fall of the wall in 1989. It brought in the globali…”
Baroness Dambisa MoyoJul 13, 2026▶ 47:05Economic Growth, Governance, and Capital Allocation – Dambisa Moyo (EP.510)
Opinion
Moyo: Emerging markets face a very high hurdle to beat U.S. returns.
“I now have come to the realization that it's a hard perch, high hurdle to leave the U.S., take my one marginal dollar and invest in country X in the emerging markets and expect a competitive risk-adjusted return.”
Baroness Dambisa MoyoJul 13, 2026▶ 51:41Economic Growth, Governance, and Capital Allocation – Dambisa Moyo (EP.510)
Opinion
Moyo: After 250 years, economists still don't know what drives growth.
“After 250 years of Adam Smith, I don't think anybody has an answer. We swing back from more Karl Marx, more Keynes, more Hayek, more Smith, but when it comes down to we don't know what creates economic growth.”
Baroness Dambisa MoyoJul 13, 2026▶ 10:13Economic Growth, Governance, and Capital Allocation – Dambisa Moyo (EP.510)
AssertionSupported
Moyo: China's Africa strategy is investment-driven, not aid-driven.
“Even more recently, the Chinese approach into Africa has not been an aid-driven approach. It's more of investment. Both of these models have their problems.”
Baroness Dambisa MoyoJul 13, 2026▶ 11:42Economic Growth, Governance, and Capital Allocation – Dambisa Moyo (EP.510)
Insight
Moyo: Serving on non-profit boards is much harder than for-profit boards.
“It's much harder being on the board of a not-for-profit Have they been in a situation where they're competing needs? Having to make the decision that one is of superior need to another in a constrained budget environment. These are all very important lessons.”
Baroness Dambisa MoyoJul 13, 2026▶ 23:54Economic Growth, Governance, and Capital Allocation – Dambisa Moyo (EP.510)
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