It is believed that assisting developing countries financially is the best that the developed ones can do for them. Although, in my opinion, that is true, there might be some alternatives to the above-mentioned policy.
It is true that to improve the economy of developing countries foreign aid is required. The transferred funds could be used to ameliorate directly the developing economy. Thus, a developing state would set up new factories and plants creating new jobs and providing stable income to local population. This in turn will increase the quality of their lives. The funds could also be used to help the countries’ economies indirectly as well. For instance, new educational establishments like universities and schools could be opened. This will help to bring up a generation of highly qualified local workers. As a result, the expenses on outsourcing could dramatically decrease and the saved money might be used to open new productions.
On the other hand, there are some other alternative ways of helping a developing country. For example, a developed country could send highly qualified specialists there like teachers, doctors and engineers. Consequently, local professionals will improve their skills and make more contribution to the local economy. Another alternative is providing technological and equipment support by sending computers, interactive boards, books, lung ventilation machines and others. This will result in better literacy and longer life expectancy that are considered to be major factors in the development of local economy.
To sums up helping to developing countries is the best way to improving together. There are alternative ways: assisting to workers and providing technologicals. Supporting by wanting things. Then all around the world will improve and will be developed countries.
It
is believed
that assisting
developing
countries
financially
is the best that the developed ones can do for them. Although, in my opinion,
that is
true, there might be
some
alternatives
to the above-mentioned policy.
It is true that to
improve
the
economy
of
developing
countries
foreign aid
is required
. The transferred funds could be
used
to ameliorate
directly
the
developing
economy
.
Thus
, a
developing
state would set up
new
factories and plants creating
new
jobs and providing stable income to
local
population. This in turn will increase the quality of their
lives
. The funds could
also
be
used
to
help
the
countries’
economies
indirectly
as well
.
For instance
,
new
educational establishments like universities and schools could
be opened
. This will
help
to bring up a generation of
highly
qualified
local
workers.
As a result
, the expenses on outsourcing could
dramatically
decrease and the saved money might be
used
to open
new
productions.
On the other hand
, there are
some
other
alternative
ways of helping a
developing
country
.
For example
, a developed
country
could
send
highly
qualified specialists there like teachers, doctors and engineers.
Consequently
,
local
professionals will
improve
their
skills
and
make
more contribution to the
local
economy
. Another
alternative
is providing technological and equipment support by sending computers, interactive boards, books, lung ventilation machines
and others
. This will result in better literacy and longer life expectancy that
are considered
to be major factors in the development of
local
economy.
To sums up helping to
developing
countries
is the best way to improving together. There are
alternative
ways: assisting to workers and providing
technologicals
. Supporting by wanting things. Then all around the world will
improve
and will
be developed
countries
.