The dictionary definition of the term 'foreign aid ' is: "The administered transfer of resources from the advanced countries for the purpose of encouraging economic growth in developing countries." [Bannock:1988 P.164] However, so as not to confuse foreign aid with the investments of multinational corporations or commercial banks, many economists require foreign aid to meet two distinct criteria: 1) Its objective must be noncommercial from the point of view of the donor and 2) it should be characterized…

misperception concerning how much of the federal budget is actually set aside for foreign assistance programs. "Only one-half of one percent is actually allocated and spent through the agency," stated J. Brian Atwood, head of USAID, at the International Development Conference on January 1995. In addition, "U.S. Foreign Assistance levels are at their lowest levels in over 50 years" (Ten Questions Commonly Asked About U.S. Foreign Assistance Programs, March 6, 1995). The United States should continue providing…

What Foreign Aid Is There are two words that many politicians like to shy away from, and those two words are, "foreign aid." Taking a firm stand on either side of this topic is usually side stepped by decision makers. Their opinions are usually based on a case by case analysis. This extremely controversial topic involves whether or not to support the policy of foreign aid to needy or sometimes not so needy countries. What benefits does foreign aid have for the countries that receive it…

arms them and trains their armies, is it any wonder that the innocent victims of their tyranny will hold America responsible and resort to terrorism as revenge? Terrorism can simply be a natural reaction to the unwanted presence of an oppressive foreign power, as is the case with the Israeli/Palestinian conflict. After World War II, the victorious allied powers felt it necessary to give the Jewish people a homeland, perhaps as a token of Western guilt in allowing the Holocaust to occur. Created on…

American Foreign Policy and Foreign Aid America tends to involved herself in many other countries affairs. This creates large amounts of national debt, war, and in some cases enemies. I believe that the American government should leave other counties alone until they decrease nation debt, decrease unemployment rate, and end our current complications with other countries. For those of you who do not know what foreign policy is, it is the way that America’s government interacts with other countries…

In the denotation of foreign aid takes many definitions in different literature, but as Tarp provided it is government transfers from donor countries to under developed or poor countries. That is intended for promoting development and reducing poverty, although there may be other aims of giving aid. As there are major trend of foreign aid and most reasonable issues that foreign aid fluctuated in different years, therefore the paper will look back the trend of foreign aid and it’s changes in globally…

EFFECT OF FOREIGN AID IN KENYA 1. Introduction Foreign aid is usually associated with official development assistance, which in turn is a subset of the official development finance, and normally targeted to the poorest countries (World Bank, 1998). Foreign aid represents an important source of finance in most countries in sub-Saharan Africa (SSA), where it supplements low savings, narrow export earnings and thin tax bases. In recent years the donor community has become more stringent about fiscal…

It's Time for America's Foreign Aid Policy to Follow Thomas Malthus’ Prescriptions During the late 1700s, Adam Smith and Thomas Malthus each entered their predictions on the future of the world’s economies into the history books. In his writings in An Inquiry into the Nature and Causes of the Wealth of Nations, Smith theorized that national economies could be continuously improved by means of the division of labor, efficient production of goods, and international trade. In An Essay on the Principle…

In the past few decades, there has been much controversy over the issue of America’s involvement in foreign trade. Of course, for some, there is always a strong sense of nationalism that will ignite them to only buy products that were made in America. In contrast, for other buyers, it does not matter where the product was made. They want to participate in the trade market, regardless of where it was manufactured. From the creation of jobs for American citizens to causing the increase of some…

Australian federal budget is spent on foreign aid overseas . When asked what percentage of the budget should go to foreign aid, the average response proposed around 10.34% . This was clearly a gross overestimate considering that foreign aid makes up only 0.9% of the federal budget . This result suggests that the average Australian, despite having an inaccurate sense of the realities, would still propose a reduction in the amount that Australia contributes to foreign aid. This dilemma raises questions…