Developing countries require help offered by international organizations to ensure healthy and sustainable development. Some people think that financial aid is important. Others believe that practical aid and advice is more important.
Discuss both these views and give your own opinion.
Some people think that financial aid will benefit these developing countries more than practical aid and advice. I believe that both financial and practical aid are important, however I think that practical aid is more important, as developing countries must be taught how to best use the financial aid they receive.
There is no doubt that developing countries can benefit from financial aid. This aid can help fund the building of schools and education systems, the construction of roads and bridges, and the financing of business start-ups and expansions. On the other hand, detractors will point out that financial aid from international organizations often times does not reach the people or parties for whom it is intended. That financial aid, without the practical aid to accompany it, may be subject to wasteful spending or worse, corruption.
Practical aid and advice can provide the groundwork for a more sustainable economy, also for the more efficient use of funds and resources. As an example, an international organization that provided corn to a developing country in the hopes that the people there would plant the corn and create a sustainable food source. Instead, the people ate the corn. What was intended to be a sustainable food source instead became a one-time food donation. The people of the developing country were lacking the practical knowledge regarding what to do with the corn and how to make it a sustainable food source.
Although financial aid is certainly beneficial to a developing country the benefit of that aid will not be sustainable unless it is accompanied by practical advice and knowledge in regards to how to use hose funds.
It is quite common to provide international aid to poor countries these days. Some people think financial support is more important than practical aid. I believe that if these aids should be combined with each other in order to achieve the best beneficial results.
Financial funds given directly to developing countries may pose a threat to the society and cause many related problems, like corruption. Countries that receive funds on a regular basis may develop a reliance on this source of finance. Also, authorities will take advantage of this opportunity and try to use the money for other purposes. In the end, citizens in developing countries cannot enjoy the benefit of these financial aids.
Practical aid and advice, on the other hand, may contribute more. International organizations can build public facilities schools, libraries to offer locals opportunities to receive education in order to find jobs in the future. The positive effects may not be seen in a short period of time, but in the long run, the educated workforce will break their country’s reliance on financial aid from other countries and boost their economy independently.
In my opinion, I believe that financial aid and for sustainable development are equally important for people in developing countries. International organizations can support these financially struggling countries with funds especially when their citizens are suffering from serious problems like famine. While if it is not in an emergent situation. Instead of asking for money, many of these countries truly need technicians to teach them how to build power plants and dams. So, donators may double check with recipients and make sure that the aid is what they really need.
Some people believe that rich countries should provide poorer countries with other types of help rather than financial aid.
To what extent do you agree or disagree?
Some people believe that it would be better for rich countries to provide poorer countries with types of aid other than just financial aid. I agree strongly with that premise.
There is no doubt that poorer countries can benefit from financial aid. Money is required to build and maintain a healthy economy in any country. Financial aid, if used wisely and effectively, can become the lifeblood of any economy that aims to be self-sustaining.
That being said, other forms of aid may be more effective in guaranteeing the long-term success and sustenance of the developing country’s economy. Other forms of aid might include technological aid or expertise, manpower, financial and educational expertise etc. Countries would be able to use technological aid to become more relevant in the worldwide market. They could use educational expertise to develop education systems which will allow for the country to educate its young people and eventually reap the economical benefits of an educated society. The developing countries could use the financial expertise offered by other countries to determine how best to use their financial resources and how best to develop financial plans and systems that will encourage a prosperous economy.
In conclusion financial aid offered by richer countries to poorer countries can be vital for those poorer countries as they try to develop vibrant and sustainable economies. However, that being said, richer countries might be better served to offer other types of help other than just financial help, or relevant help to accompany the financial aid they are offering.
Financial aids to developing nations provided by developed countries are quite common in the world. Although financial support, I believe other forms of support could be more helpful.
Other kinds of aid, such as education can be a great approach to solve problems in developing countries. In many poor nations, the social problems are very severe due to the fact that most people are under-educated. If rich countries can provide scholarship or build public schools for the children there, crimes would be mitigated, and in the long run, the well-educated workforce can develop the economy of their country by themselves.
Also, providing construction material and technology for public facilities is effective. The improvement of public infrastructure, such as libraries, water and electricity supply system and public transport system, in a way contributes to higher productivity as people would less likely be affected by bad public services and save more time and energy for their work.
On the other hand, direct financial support may not benefit people in poorer countries as expected. The government in these countries might use the donating money for other purposes. Consequently, the people in need will still suffer. Moreover, some nations try to interfere with other countries’ politics by aiding them financially. So, financial support is not the perfect way to solve social problems in poorer nations.
In conclusion, the money donated to developing countries cannot completely solve poor countries’ problems, so international aids should be provided in other forms, such as education or the construction of public facilities.