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Asked May 15, 2019
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Foreign aid: definition, pro & contra from the perspectives of donors

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Expert Answer

Step 1

A foreign aid is a financial or non-financial assistance by a foreign country to the recipient country.

Step 2

The pros and cons of foreign aid from the perspective of donor country are listed below:

Pros:

  1. Foreign aid helps build strategic and diplomatic relations: If a country helps another country through military or other economic and non-economic means, it builds political and diplomatic relations with that country. This helps foster political, economic and military ties with the recipient country which can be fruitful in times of need.
  2. Creating foreign markets for do...

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