explain briefly three kinds of aid that usa provides to deal with the issue of poverty alleviation
Answers
Following are the three types of aid's:
1- Organization for Economic Co-operation and Development (OECD ), USA is the member of this organization. Humanitarian efforts spearheaded by governments are almost exclusively done by wealthier nations and USA is a part of them. Through this foreign aid is sent.
2- USA gives Multilateral assistance which is a small part of the U.S. Agency for International Development's foreign aid programs. Governments might shy away from multilateral aid because it is more challenging to make strategic decisions when several other donors are involved , yet they use it.
3- Most disbursements are measured in terms of money given these are also types of monetary aids, for example: dollars donated on low-interest loans.
Some of the things the US can do to alleviate the issues of global poverty are,
1. The US should pass useful bills like global food security and Electrify Africa Act to improve the living of the people in Africa and other underdeveloped countries.
2. Since US is one of the powerful countries in economy, it can provide more funds for regions plagued with poverty.
3. US can collaborate with other powerful NGOs to find the problems like world hunger and poor nutrition and can find ways to eradicate the problems.