Foreign Aid For Developing Countries

However, the aid has some drawbacks which include some of the policies not being practical and occasionally being too political which makes the targeted poor people more vulnerable. Also governments receiving the aid could be partial which can also result in uneven and biased distribution of the aid which doesn’t solve any problems.

There are billions of dollars that developed countries give to the developing countries to say that they are helping the poor and that they are bring the poor countries up out of the dirt. But studies have shown that giving money alone does not help, it could actually make the country worse off. Foreign countries should not give money to developing nations because the developing countries become too reliant on the developed countries, it does not help the developing countries, and with money, comes corruption. The better way for foreign aid to work which is to give technological aid. A quote from Maimonides, “Give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime.” This quote tells a tale of how society works and the importance of learning. This can be applied to a multiple of things like how a developed country needs to teach another country how to survive. The developed countries are just giving money and food instead of teaching the public about how to grow food and how to have a stable economy. Countries around the world that depend on foreign aid are now

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.

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.

On one side of the issue the supporters of developmental aid believe that the United States is doing more than a great job by offering economic assistance to countries that need help to develop. These individuals are aware of the unfortunate poverty levels in many countries abroad. They believe that it is the duty of the American people to help reduce the poverty levels in countries in which people live with less than a dollar a day. In fact, some supporters believe that the U.S. is not offering enough support to the poorer countries. Many have

The foreign country receiving aid needs to receive the correct type of help for them to get out of poverty. If they received affordable education and studies, they will be able to obtain skills needed to improve and stabilize their country. When they receive certain skills, they will be more prominent to get jobs to help provide for them. With better education, they will be able to form a strong country and become wealthy. The United States has many resources already, so much that the government pays farmers not to grow crops.

First of all, giving financial aid to other countries helps them to continue their current way of life with ease. However, by giving aid in the form of money, medical supplies, and food hinders hard working people because they have to pay taxes, for a service that does not benefit them in any way. If aid is constantly given to poor countries, we will eventually find ourselves in hardship situations, and we will have no one to help us in future times of need. Each and every country should have its own unassisted emergency fund in case of natural disaster or any other form of tragedy, and should not be dependent upon the U.S. every time they are in need. If handouts are frequently given to poor countries, they may

Some people dont believe in foreign aid. Some people think that if they have more money and food, then they shouldn't have to "share". Peoplwe dont look at it as there is always someone who needs it and if you have "extra" than why not help another person. If anotheer place is in need they may contact a "richer" place.

One of my main arguments being how people do not believe that foreign aid helps, meaning they stop donating all together, creating immorality. This idea is supported in Banerjee and Duflo’s Poor Economics; they discuss the general reaction when faced with a major issue like poverty. Generally, our first instinct is to be generous and then our second thought is that there is no point to our generosity. Banerjee and Duflo are able to describe the general feeling that “our contribution would be a drop in the bucket, and the bucket probably leaks” (Banerjee and Duflo, 2). Regardless of the fact Banerjee and Duflo are trying to fight the assumption that we cannot do anything to help, it does not change the fact that this is the common belief when it comes to large issues like poverty. While I still believe that the frustration with inequality and poverty breeds immorality, I now believe that the bigger issue is on the global scale. In his book Encounter Development, Escobar makes the point that “development was – and continues to be for the most part – a top-down, ethnocentric, and technocratic approach, which treated people and cultures as abstract concepts, statistical figures to be moved up and down in charts of ‘progress’” summing up the immorality created by development thinkers who are there to “help” eradicate poverty (Escobar, 44). The inequality between the first world and the third world

Essentially, the major and very real problems that Poverty Inc. points out have more to do with the lack of reflection on behalf of the organizations that are providing the aid, rather than there being an issue with the aid in general. One way I believe that foreign aid can be improved is by these aid organizations reevaluating their priorities based on what is going to make the most positive change.

After giving it some thought, I believe that there is not a way that aid can be given without disturbing the local economies, institutions, and natural resources of receiving countries. I think the purpose of aid is to disturb the status quo and push for it to be better than it currently is. Some of the ways that aid can be given without making too large of a disturbance would be through microfinancing. Microfinancing is where a small loan ($25 - $100), which is repaid at a later date, is made available to individuals who are attempting to provide for themselves. Organizations such as Kiva provide microfinancing options for individuals to buy something as simple as a cow so that the products from the cow are then a source of income for that individual. Another way to provide aid is through agriculture development, where volunteers teach individuals farming techniques to receive a better yield.

Foreign Aid is assistance provided by one country to another. The U.S. provides the most aid than any other country. While we help try to resolve problems abroad, we don’t receive assistance from any other countries that we have helped and are still helping. As for the problems we face at home are worsening, we only make our situation worse by meddling in issues that don’t concern us. In the past, we have helped countries that were struggling and needed our help but only led them to the birth of Saddam suhann. Then experienced tragic events like the pentagon being bombed twice and 9/11.

When addressing the issue on whether or not foreign aid can reduce poverty, I would say yes, foreign aid can have positive implications on reducing poverty levels. Foreign aid has the potential to bring substantial relief to countries who are impoverished. The yes argument references the World Health Organization and Rotary; the two are impactful organizations provide aid for countries in poverty. I have first-hand experience with Rotary and their efforts to help foreign countries. Currently, I am partnered with them as a leader on an annual conference they hold for high school students. In our meetings, we discuss the different ways to make an impact and how Rotary International is always involved in solving a problem that includes poverty.

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)

Does foreign aid really contribute to poverty reduction? Poverty has been an ongoing global issue with a challenging debate on how to resolve it. Whilst some believe it is a solution that intends to alleviate poverty, some may argue that it is merely a waste of public spending and highly likely that it will not go to those in need. This paper will highlight the strengths and downfalls of foreign aid through the lenses of the juxtaposing theories realism and liberalism. Firstly, I will briefly describe poverty and the different types of foreign aid. Secondly, I will argue from the liberalist perspective, the advantages of foreign aid, using the case of the United Nations’ provision of microfinance to Mozambique. Following that, I will discuss