There is an issue about the form of support to growing nations. Some financial analysts think that this support should be monetary, while some economists think that guidance on development is enough. This essay agrees with the idea of recommendations.
Let us start with reasons why some financial analysts state that growing economies should receive help in monetary form. The first reason is that countries in need know better of their problems. Nations, which want to develop, are aware of hindrances on the way to achieve theirs targets, so they mainly need money provided by donators. Another reason is that the success of projects usually depends on funding. Any project is likely to come accomplished, when it has sufficient finances. Therefore, developing nations usually need material support to complete their goals. Furthermore, the abundance of money often secures confidence. Nations, which have unlimited sources of money, tend to grow faster and more solid, because they have
However, some economists argue that developed nations should supply growing nations with recommendations for the following reasons. Firstly, corruption may absorb most of the financial assistance. Many developing nations remain in the immature state for long period, because corrupted politicians may steal the donated money, so wealthy countries should guide them on how to succeed in development. Secondly, recommendations will help inexperienced economies avoid unnecessary expenditure. These economies usually make a avoidable mistakes, so prosper countries should participate in their growth in order to prevent from these errors. Moreover, advanced nations can educate officials with the best methods of management. Developed countries may invite managers from growing countries to study at highly recognized universities, so that they can apply the obtained knowledge in favor of their homeland.
In conclusion, although some analysts suggest to help nations in their evolution with funding, I think that mature economies should provide them with advice.
There is an issue about the form of support to
growing
nations
.
Some
financial analysts
think
that this support should be monetary, while
some
economists
think
that guidance on development is
enough
. This essay
agrees
with the
idea
of recommendations.
Let
us
start
with
reasons
why
some
financial analysts state that
growing
economies
should receive
help
in monetary form. The
first
reason
is that
countries
in need know better of their problems.
Nations
, which want to develop, are aware of hindrances on the way to achieve theirs targets,
so
they
mainly
need
money
provided by
donators
. Another
reason
is that the success of projects
usually
depends on funding. Any project is likely to
come
accomplished, when it has sufficient finances.
Therefore
, developing
nations
usually
need material support to complete their goals.
Furthermore
, the abundance of
money
often
secures confidence.
Nations
, which have unlimited sources of
money
, tend to grow faster and more solid,
because
they have
However
,
some
economists argue that developed
nations
should supply
growing
nations
with recommendations for the following
reasons
.
Firstly
, corruption may absorb most of the financial assistance.
Many
developing
nations
remain in the immature state for long period,
because
corrupted politicians may steal the donated
money
,
so
wealthy
countries
should guide them on how to succeed in development.
Secondly
, recommendations will
help
inexperienced
economies
avoid unnecessary expenditure. These
economies
usually
make
a
avoidable
mistakes
,
so
prosper
countries
should participate in their growth in order to
prevent
from these errors.
Moreover
, advanced
nations
can educate officials with the best methods of management. Developed
countries
may invite managers from
growing
countries
to study at
highly
recognized universities,
so
that they can apply the obtained knowledge in favor of their homeland.
In conclusion
, although
some
analysts suggest to
help
nations
in their evolution with funding, I
think
that mature
economies
should provide them with advice.