It has been seen that, the well off countries support the not so privileged countries by providing them support in monetary terms, but this form of support is unable to change the status quo of the countries at the receiving end. However, it is argued that this support should be extended in a form other than cash and this essay fully agrees that mere cash handouts to these nations will not uplift their economy and investment should be made directly in these countries.
The main reason why simply transferring funds to the economically weak countries is corruption at the government level. It has been reported by many of the international organizations working to reduce poverty in the underdeveloped countries, that misuse at the higher levels never allow the benefits of the aid to reach the ordinary people. It must be noted, however, that sometimes these countries are in need of hard cash to pay off their debts for the benefit of their people in the long term.
Secondly, the lack of proper infrastructure and advanced technology makes it hard for the aided countries to utilize the grants in an optimal manner to have a long term effect on the prosperity of its people. Therefore, it is much better for the developed countries to invest in the infrastructure that will help to create more jobs and will have a major impact on the reduction of poverty.
In conclusion, simply handing out money to the underdeveloped countries will not help them escape the vicious circle of poverty and help in other forms must be extended to enable them to break free from their current state.
It has been
seen
that, the well off
countries
support
the not
so
privileged
countries
by providing them
support
in monetary terms,
but
this form of
support
is unable to
change
the status quo of the
countries
at the receiving
end
.
However
, it
is argued
that this
support
should
be extended
in a form other than cash and this essay
fully
agrees
that mere cash handouts to these nations will not uplift their economy and investment should
be made
directly
in these countries.
The main reason why
simply
transferring funds to the
economically
weak
countries
is corruption at the
government
level. It has
been reported
by
many
of the international organizations working to
reduce
poverty in the underdeveloped
countries
, that misuse at the higher levels never
allow
the benefits of the aid to reach the ordinary
people
. It
must
be noted
,
however
, that
sometimes
these
countries
are in need of
hard
cash to pay off their debts for the benefit of their
people
in the long term.
Secondly
, the lack of proper infrastructure and advanced technology
makes
it
hard
for the aided
countries
to utilize the grants
in an optimal manner
to have a long term effect on the prosperity of its
people
.
Therefore
, it is much better for the developed
countries
to invest in the infrastructure that will
help
to create more jobs and will have a major impact on the reduction of poverty.
In conclusion
,
simply
handing out money to the underdeveloped
countries
will not
help
them escape the vicious circle of poverty and
help
in other forms
must
be extended
to enable them to break free from their
current
state.
7Linking words, meeting the goal of 7 or more
7Repeated words, meeting the goal of 3 or fewer
7Mistakes