There has always been a gap between the haves and the have-nots, the rich countries and the poor countries. Is it necessary for developed nations to lend a helping hand to developing nations? A number of people claim that each country must take care of their own concerns. However, I believe that aid from rich nations will be advantageous to poor nations, for the following reasons.
To begin with, global financial analysts are concerned that financial assistance from developed countries is detrimental to the economies of developing countries because economic aid from wealthy nations increases developing nations' dependency on their donor countries. However, extra funding from rich countries supports the economic growth of poor countries as the funds are used to carry out key national development projects. For instance, Indonesia government uses financial support from wealthy nations to build toll roads in several regions and reconstruct tourism infrastructure in a myriad of Indonesia tourist spots.
Another point to consider is aid from wealthy nations, which in terms of the health sector, is deleterious to developing nations. This is because health aids from developed countries sometimes contain a hidden agenda. For example, during the Covid-19 pandemic, health-foreign-owned firms benefited from health-equipment help offered by rich countries to poor countries. However, support in the health sector from wealthy countries assists to alleviate health issues in developing countries. Developed nations have the resources not only to produce high quality medical equipment but also to develop medicines for new diseases. For instance, to combat the epidemic, Indonesia has obtained a multitude of health assistance from developed nations. Millions of extra vaccines have been donated by the United States, Australia, and the United Kingdom in order to accelerate Indonesia's inoculation programme. What is more, Indonesia has also received medical supplies from European nations.
In conclusion, despite the potential negative impacts of various types of aid provided by developed nations to developing nations, I believe that the benefits exceed the drawbacks, particularly when it comes to the financial and health sectors.
There has always been a gap between the haves and the
have-nots
, the
rich
countries
and the
poor
countries
. Is it necessary for
developed
nations
to lend a helping hand to
developing
nations
? A number of
people
claim that each
country
must
take care of their
own
concerns.
However
, I believe that
aid
from
rich
nations
will be advantageous to
poor
nations
, for the following reasons.
To
begin
with, global
financial
analysts
are concerned
that
financial
assistance from
developed
countries
is detrimental to the economies of
developing
countries
because
economic
aid
from
wealthy
nations
increases
developing
nations' dependency on their donor
countries
.
However
, extra funding from
rich
countries
supports the economic growth of
poor
countries
as the funds are
used
to carry out key national development projects.
For instance
, Indonesia
government
uses
financial
support from
wealthy
nations
to build toll roads in several regions and reconstruct tourism infrastructure in a myriad of Indonesia tourist spots.
Another point to consider is
aid
from
wealthy
nations
, which in terms of the
health
sector, is deleterious to
developing
nations
. This is
because
health
aids
from
developed
countries
sometimes
contain a hidden agenda.
For example
, during the Covid-19 pandemic, health-foreign-
owned
firms benefited from health-equipment
help
offered by
rich
countries
to
poor
countries
.
However
, support in the
health
sector from
wealthy
countries
assists to alleviate
health
issues in
developing
countries
.
Developed
nations
have the resources not
only
to produce high quality medical equipment
but
also
to develop medicines for new diseases.
For instance
, to combat the epidemic, Indonesia has obtained a multitude of
health
assistance from
developed
nations
. Millions of extra vaccines have
been donated
by the United States, Australia, and the United Kingdom in order to accelerate Indonesia's inoculation
programme
.
What is more
, Indonesia has
also
received medical supplies from European nations.
In conclusion
, despite the potential
negative
impacts of various types of
aid
provided by
developed
nations
to
developing
nations
, I believe that the benefits exceed the drawbacks,
particularly
when it
comes
to the
financial
and
health
sectors.