Developed nations have more money than they need, so they give financial assistance to undeveloped and developing nations. I certainly agree with the view that this financial aid hasn’t solved all the problems plaguing poor countries. However, it has definitely improved the situation in those countries to a certain extent.
Corruption is one of the biggest problems that poor nations face. Even if rich nations give financial aid, the money does not reach the people who need it. Millions of people living in poor countries lack education. They are not even aware of their rights and accept poverty as if it was their birthright. If a nation is to progress, it needs empowered people who are aware of their rights and who have the capability to fight for it.
An honest and efficient administrative system is required for the development of any nation. Corrupt officials and ignorant people who are not aware of their rights have never helped any nation. Unfortunately, developed nations that give the financial assistance cannot do much to improve the government or administrative system present in poor nations. No nation can interfere in another nation’s internal affairs beyond a certain level. So, other than giving financial assistance there is not much that rich nations can do to help poor nations.
To conclude, I certainly agree with the view that foreign aid hasn’t solved the problems of poor countries. However, this does not mean that developed nations should stop giving financial assistance. They should continue to give money but the purpose of giving financial assistance should be the empowerment of people. Eradication of poverty is equally important but as they say, teaching a man how to fish is much better than giving him a fish.
Developed
nations
have more money than they need,
so
they
give
financial
assistance
to undeveloped and developing
nations
. I
certainly
agree
with the view that this
financial
aid hasn’t solved all the problems plaguing
poor
countries
.
However
, it has definitely
improved
the situation in those
countries
to a certain extent.
Corruption is one of the biggest problems that
poor
nations
face. Even if rich
nations
give
financial
aid, the money does not reach the
people
who
need it. Millions of
people
living in
poor
countries
lack education. They are not even aware of their rights and accept poverty as if it was their birthright. If a
nation
is to progress, it needs empowered
people
who
are aware of their rights and
who
have the capability to fight for it.
An honest and efficient administrative system
is required
for the development of any
nation
. Corrupt officials and ignorant
people
who
are not aware of their rights have never
helped
any
nation
. Unfortunately, developed
nations
that
give
the
financial
assistance
cannot do much to
improve
the
government
or administrative system present in
poor
nations
. No
nation
can interfere in another
nation’s
internal affairs beyond a certain level.
So
, other than
giving
financial
assistance
there is not much that rich
nations
can do to
help
poor
nations.
To conclude
, I
certainly
agree
with the view that foreign aid hasn’t solved the problems of
poor
countries
.
However
, this does not mean that developed
nations
should
stop
giving
financial
assistance
. They should continue to
give
money
but
the purpose of
giving
financial
assistance
should be the empowerment of
people
. Eradication of poverty is
equally
important
but
as they say, teaching a
man
how to fish is much better than
giving
him a fish.