Developed countries have been providing financial aid to the third world countries for decades, but it has not changed the economic situation of the poor countries. I totally agree that this aid should be replaced by other more effective types of help and I will discuss the reasons in the paragraphs below.
The primary reason why the financial aid provided by the first world countries is not being effective in achieving the results they are intended to achieve is because of the level of corruption prevalent in these poor countries. The major portion of the aid is taken by the officials before it trickles down to the people. As most of these leaders are not democratically elected and have a strong grip on power, people have little leverage to change this and hence they benefit less and their situations remain unchanged.
The second reason why this financial aid is not effective is because the governments which are the recipients of this assistance do not have sound economic policies and good governance in place. This means that these governments are not capable of managing the funds properly and the aid will be lost or misused before it reaches the people. Therefore, ensuring governments are capable of managing the funds before they receive them is crucial in achieving positive outcomes from this financial aid.
In conclusion, I believe financial aid is often misused by recipient countries due to corruption and financial mismanagement. Therefore, other types of support should be given to these countries.
Developed
countries
have been providing
financial
aid
to the third world
countries
for decades,
but
it has not
changed
the economic situation of the poor
countries
. I
totally
agree
that this
aid
should
be replaced
by other more effective types of
help
and I will discuss the reasons in the paragraphs below.
The primary reason why the
financial
aid
provided by the
first
world
countries
is not being effective in achieving the results they
are intended
to achieve is
because
of the level of corruption prevalent in these poor
countries
. The major portion of the
aid
is taken
by the officials
before
it trickles down to the
people
. As most of these leaders are not
democratically
elected and have a strong grip on power,
people
have
little
leverage to
change
this and
hence
they benefit less and their situations remain unchanged.
The second reason why this
financial
aid
is not effective is
because
the
governments
which are the recipients of this assistance do not have sound economic policies and
good
governance in place. This means that these
governments
are not capable of managing the funds
properly
and the
aid
will
be lost
or misused
before
it reaches the
people
.
Therefore
, ensuring
governments
are capable of managing the funds
before
they receive them is crucial in achieving
positive
outcomes from this
financial
aid.
In conclusion
, I believe
financial
aid
is
often
misused by recipient
countries
due to corruption and
financial
mismanagement.
Therefore
, other types of support should be
given
to these
countries
.
7Linking words, meeting the goal of 7 or more
20Repeated words, meeting the goal of 3 or fewer
0Mistakes