There are two main perspectives on foreign aid in Australia – are we giving too much or not enough? Foreign aid is given to developing countries, and is necessary to build an environment where policies and infrastructure can be in place to support other sources of finance. Australia is part of the worldwide foreign aid commitment as we value that everyone should have a fair go, and the country plans to give $3.9 billion over 2017 and 2018. We help countries in need by contributing, food, resources, providing financial assistance, exchanging goods, personal time and knowledge. The main types of aid are humanitarian aid, which is disaster relief and emergency aid and development aid, which is a long-term commitment between nations. Australian aid is strongly on development aid particularly focused on the Asia-Pacific region, but it also has a strong commitment to African and South Asia. Interestingly, 90% of Australia’s foreign aid goes to Asia-Pacific countries such as Indonesia and Papua New Guinea, because if they build into a developed nation, then we can build trade relations, regional security and partner in defence. This is a polarizing issue that divides the nation due to different views on Australia giving aid, however, a strong foreign aid program is vital for Australia to build successful relations and regional security.
Foreign aid is a term referring to resources and money lent out or given to a ‘recipient nation’ who is in need by a wealthier ‘donor country’. This can be given either in long term ‘humanitarian aid’, aimed at improving the welfare and development of the human population, or short term ‘emergency aid’ focused on providing the daily necessities to a population after a war, or natural disaster. Despite common belief, the purpose of foreign aid is not only to help countries which are in need, but also to achieve a range of social, economic, cultural and geopolitical goals that will benefit our national interest. Australia is currently the largest foreign aid donor of its nearest neighbour,
Australia’s relationship with Indonesia began as early as 1640 when Indigenous Australian’s had passing contact with Makassan trepangers (sea cucumber farmers) from southwest Sulawesi. Our relationship was never truly established until 1949 when Australia fully recognised the Republic of Indonesia.
Foreign aid is something that is provided by donating governments to countries in need, mostly third-world countries. Foreign aid is allocated for two extremely broad categories, economic development and military aid. Under these categories there are specific uses for foreign aid like, health, humanitarian assistance, democratic elections and even protection for forests. There is debate about foreign aid being a waste because of corrupt governments, which gives the United States speculation whether it should continue to provide foreign aid and how much. This was a popular topic in the 2012 election between Barack Obama and Mitt Romney. It would be most beneficial to the United States to maintain foreign aid levels while having conditions
The purpose of Australian Aid is to help developing countries around the world eradicate poverty and to promote stability and prosperity both in our region and beyond, by providing different types of assistance and financial support. Although Australia receives a number of benefits due to aid, several disadvantages can also arise as a result of this link with different countries.
Australia and its Aid Programs can provide many advantages to the country culturally, economically and geo-politically, this includes:
Ever had that one friend? The one who tries to help, but no matter how hard he tries, he just aggravates the situation. This friend, Steve, insists he is helping, and those around, too, would support that he is indeed helping. But Steve is actually worsening the circumstances. He is like countries who provide foreign aid to less developed countries. Foreign aid, defined as “the international transfer of capital, goods, or services from a country or international organization for the benefit of the recipient country or its population,” can be military, economic, or humanitarian (“Foreign”). It is often granted to less developed countries in order to evoke government reforms or to stimulate economic growth. However, foreign aid neither elicits government reform, nor does it consistently and reliably stimulate economic growth; therefore, the United States should discontinue providing foreign economic aid.
As mentioned by the Department of Foreign Affairs and Trade, Australia’s Aid program works in, “promoting prosperity, reducing poverty and enhancing stability”. Cuts in the foreign aid budget will not only affect the countries around us, but also Australia. Through Australia’s ongoing support to developing countries by AusAID (Australian Agency for International Development), we have strengthened our countries political stability and security by creating close ties with other nations. Australia donates around AU$5 billion each year to aiding the developing countries around us, particularly nations located in the Asia Pacific Region. By doing this we have improved their economies, bringing peace to these countries.
Many skeptics challenge the reasoning for investing so much money into helping so many other countries when that money could instead help us improve internal affairs. After all, foreign aid spending has increased to $50 billion a year today, which could be put towards funding education to ensure that more kids go to college and possibly affecting the innovation of the future(Morris). Giving more than you receive is nice, but when it involves a country 's financial crisis, maybe it 's best if Santa cuts back some of this year 's presents. And although the argument may be valid, lending out a helping hand can create more allies than enemies to help us in return when we need it. In fact, foreign aid only accounts for 0.5 percent of the federal budget (Stearn). Compared to all the other matters at hand that the government is worrying about, the amount of spending put into aiding poorer countries is positive in both a moral aspect and a political aspect.
As selfish as it may seem, if you aid a particular country they could possibly help you back. During future wars, third world countries could assist Australians with troops or building weaponry. An example would be the relationship between England and Australia during World War One. England helped Australia with defense from enemies, financial needs and medical tools when Australia was a developing country and Australia repaid them by siding with them in many wars to come.
In our economical national interest, Australia allocates a sector to contribute significantly by providing aid and financial support to promote the stability of a variety of countries within the Indo-Pacific. Within 2016 to 2017, 90% of Australia’s aid will directly go to the
Riddell, Roger C. 2007. Does Foreign Aid Really Work? 1st ed. OXFORD: Oxford University Press, USA.
The money spent on foreign aid can be a lot more beneficial if it’s invested at on the future of the country, rather than helping countries scrape by in the present.
The Australian government was a major contributor of aid, the highest contributor after the United States. Immediately after the disaster struck the Australian government allocated 60 million in disaster relief and within 36 hours’ aid had been sent to Thailand.
For example Canada provides financial aid of one hundred and eighty six million dollars towards Ethiopia and many other countries are supported with over one hundred million dollars such as Afghanistan, the Philippines, Syria and many other countries. Canada has been distributing money, and goods and services to other countries in need since the 1950’s. Canada had started providing aid to other countries following the Second World War, and