Economy, asked by shasmita, 4 months ago

Discuss the benefits and drawbacks of aid as a way of reducing the extent of poverty in a country. ​

Answers

Answered by asharajendran35
0

Answer:

Advantages and disadvantages of aid

For

helps rebuild livelihoods and housing after a disaster.

Aid for trade has increased globally as an approach for donors to assist developing countries to access global markets through improved trade capacity. However, there is scant evidence that aid for trade has any impact on lifting the poorest people globally out of poverty.

Against

Aid may not reach the people who need it most. Corruption may lead to local politicians using aid for their own means or for political gain.

Increase Dependency. ...

Risk of Corruption. ...

Economic/Political Pressure. ...

Overlook Small Farmers. ...

Benefit Employers. ...

Hidden Agenda of Foreign-Owned Corporations. ...

More Expensive Commodities.

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