Rich countries often give financial aid to poor countries, but it does not solve the
poverty, so rich countries should give other types of help to the poor countries
rather than the financial aid. To what extent do you agree or disagree?
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Even though technology is developing at a fast pace and the standard of living of most
individuals has gone up, billions of people still live in poverty, and in many places, the
rich countries give financial aid to developing and under-developed countries. Some
people consider it good. However, I beg to differ. I believe that the developed
countries should give some other types of help to the poor countries and not direct
financial aid.
My first argument against financial aid is that this aid may not actually reach those for
whom it is meant. It may go into corrupt pockets. Secondly, it would make those
people lazy as they would be getting aid without doing any work. Thirdly, the aid may
be used for wrong purposes. For example, the aid may be given for development
projects but it may be used to promote terrorism. Finally, if aid is given without proper
research, then it may be used for projects which are not the priority of the people. For
instance, the people may need health and educational institutes, whereas the aid may
be used for making dams or expanding roadways.
The best way to help poor countries would be open good educational institutes, good
health centres and creating job opportunities for people of the poor countries. It has
been wisely said by someone that – Give a man fish to eat, and you feed him for a day.
Teach a man how to fish, and you feed him for a lifetime. If people of the poor
countries start earning well their standard would definitely become better and the
whole country would become richer.
If rich countries open factories and multinational companies in poor countries it would
be a win-win situation for both, as the poor would get employment and the rich would
have to pay much lesser than they would have to pay in their country. So, more and
more rich countries would step forward to help the poor. Direct financial aid would
not bring such a situation.
To put it in a nutshell, I pen down saying that, financial aid is not the best way to help
poor countries. From my own perspective, the developed countries ought to assist the
impoverished countries through other approaches.
Rich countries often give financial aid to poor countries, but it does
Rich countries often give financial aid to poor countries, but it does
Rich countries often give financial aid to poor countries, but it does
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