Economy, asked by afreenahmedhuss9562, 1 year ago

Essay about received financial aid from the international organization

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Answered by sasipriyankaj
0
Some people argue that financial aid is the best approach for developing countries to alleviate poverty and become more economically developed. However, I belive that receiving practical aid and advice from international organisation could contribute more greatly to the sustainable development of a country in the long term.
On the one hand, it is understandable why some people believe that it is best to provide financial assistance for developing countries. First , external monetary flow might enable executive bodies of those countries to carry out a wide range of functions, for example infrastructural development and social healthcare and provide people who always struggle to make a living with basic necessities such as food or shelters. As a result, citizens in those nations will have a chance to enjoy a more decent standard of living, reducing considerably the rate of poverty. Second, foreign cash injections also play a vital role in building up an effective administration system by paying standard salaries for governmental staff members. With a stable income, most officials would be motivated to be fully in charge of social, technical, executive positions in courts of law, police stations and so forth. This will result in a decline in crime rate and foster economic progress
On the other hand, I still side with those who argue that practical aid and advice from international organisations are a more effective solution to problems faced by developing countries. As a matter of fact, as direct monetary resources are limited and can only act as the short-term support to relieve some economic issues, sustainable development can not merely depend on support in the form of money from international organisations.

In conclusion, while direct financial support form international aid is an effective solution to tackle some problems, practical aid and advice is a more efficient measure in helping developing countries to achieve economic progress in the long run.


Answered by TheSam007
0
Some people argue that financial aid is the best approach for developing countries to alleviate poverty and become more economically developed. However, I belive that receiving practical aid and advice from international organisation could contribute more greatly to the sustainable development of a country in the long term.
On the one hand, it is understandable why some people believe that it is best to provide financial assistance for developing countries.
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