In this world where money has been becoming a major factor for almost everything, countries are no exception either. Not considering highly develooped countries all around the globe, several countries are facing poverty or money shortages.
In that contrast, many rich countries have been continously supplying poorer countries with money. It may be for diplomatic relations or for the political obligations, but nontheless, they do provide astronomical amount of money to the lower countries. This trend has been going on from the ancient times too. But, despite the fact that they have been receiving huge sums of money from financially stable countries, they have not prospered much as people would expect from them. Neither the country prospered nor the country solved its own poverty, rather they keep on piling on themselves more huge amount of debts enhancing the country's poverty even more.
In spite of receiving money from other countries, they cannot solve their poverty. It's due to the fact that "Every debt has its collector". Debts that are piled up from borrowing money is extremely high too. And borrowing money only eases the situation and settles poverty for a small period of time because it is an external support rather than their own strength. It does come with its own merits too, though. For instance, it can help solve an imminent threat or disaster to the country or it may help them set their own foundation.
But except for the financial support countries should provide other kinds of help to the poor countries. They may provide them with some donated developmment project of the same value. They can recruit workers from the poorer countries to their own which imrpoves the resident's quality of life. Some companies can provide technical workers, better technology and equipment as well. This kind of act can help improve the countrymens quality of life while slowly eradicating poverty from the country. It can prove beneficial to recreate a solid foundation. This kind of ways help in ensuring better future through slower approach.
Thus, we can conclude that, these kind of helps can be either beneficial or harmful depending on the various situations of country. To solve imminent disasters, bankruptcy and economic crisis, they are inevitable. But in the long term, depending on those will sgraduually wither the country and plunge into greater mess. As such, country should evaluate themselves properly on what to do and which has better prospects of future. They should choose depending on their situation and the demand of the time.
In this world where
money
has been becoming a major factor for almost everything,
countries
are no exception either. Not considering
highly
develooped
countries
all around the globe, several
countries
are facing
poverty
or
money
shortages.
In that contrast,
many
rich
countries
have been
continously
supplying poorer
countries
with
money
. It may be for diplomatic relations or for the political obligations,
but
nontheless
, they do
provide
astronomical amount of
money
to the lower
countries
. This trend has been going on from the ancient times too.
But
, despite the fact that they have been receiving huge sums of
money
from
financially
stable
countries
, they have not prospered much as
people
would
expect
from them. Neither the
country
prospered nor the
country
solved its
own
poverty
,
rather
they
keep
on piling on themselves more huge amount of debts enhancing the country's
poverty
even more.
In spite of
receiving
money
from other
countries
, they cannot solve their
poverty
. It's due to the fact that
"
Every debt has its collector
"
. Debts that
are piled
up from borrowing
money
is
extremely
high too. And borrowing
money
only
eases
the situation and settles
poverty
for a
small
period of time
because
it is an external support
rather
than their
own
strength. It does
come
with its
own
merits too, though.
For instance
, it can
help
solve an imminent threat or disaster to the
country
or it may
help
them set their
own
foundation.
But
except for
the financial support
countries
should
provide
other
kinds
of
help
to the poor
countries
. They may
provide
them with
some
donated
developmment
project of the same value. They can recruit workers from the poorer
countries
to their
own
which
imrpoves
the resident's quality of life.
Some
companies
can
provide
technical workers, better technology and equipment
as well
. This
kind
of act can
help
improve
the
countrymens
quality of life while
slowly
eradicating
poverty
from the
country
. It can prove beneficial to recreate a solid foundation. This
kind
of ways
help
in ensuring better future through slower approach.
Thus
, we can conclude that, these
kind
of
helps
can be either beneficial or harmful depending on the various situations of
country
. To solve imminent disasters, bankruptcy and economic crisis, they are inevitable.
But
in the long term, depending on those will
sgraduually
wither the
country
and plunge into greater mess. As such,
country
should evaluate themselves
properly
on what to do and which has better prospects of future. They should choose depending on their situation and the demand of the time.