What are the different forms of aid given by more economically

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What are the different forms of aid given by more economically

developed countries (MEDCs) to less economically developed countries

(LEDCs)? Explain how useful the aid is and evaluate why some aid is more

successful than other aid.

What are the different forms of aid given by more economically

developed countries (MEDCs) to less economically developed countries

(LEDCs)?

Explain how useful the aid is and evaluate why some aid is more

successful than other aid.

Hafiza Bhabha 11 JT

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Aid many less developed countries (LEDCs) rely on aid. In the Oxford

dictionary aid is defined as,

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"Something that helps, money, food, etc.

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Sent to another country to help it"

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Aid is not only given by countries (governments) but is also given by

organisations which help a certain place or fund a certain project,

such as Oxfam who helps those children in Africa. The real purpose of

giving aid is to help those countries that need to develop their

economy so that they can improve their standard of living and quality

of living. At times giving and receiving aid is complex, as it may not

benefit the country, as it could be unsuccessful.

Many developing countries need aid because they may have large and

increasing trade debts, unfortunately they need to borrow money from

MEDCs, however, sometimes by doing this, they fall into bigger, more

dangerous debts. Other issues such as earthquakes, volcanoes, etc,

also lead countries to borrow more money. This aid is usually only

needed for a short period of time. Short-term aid is aid, which is

given immediately and is only needed for a small amount of time. This

is used with natural disasters and wars etc. Long-term aid is also a

different type of giving. This is more useful to a developing country

as there is always money, technology and other aid coming in.

The aim of this coursework is to investigate what the different types

of aids are and also whether they are successful or unsuccessful. In

this coursework I have used secondary information. This is basically

information that has already been collected. I have researched a lot

from the town library, school library, magazines, Internet and many

school textbooks.

There are three main categories of aid, which is given by MEDCs to

LEDCs and they are:

Bilateral Aid

This aid is between two different countries.

"Help is 'given' directly by a rich 'donor' country to the 'recipient'

country" (The New Wider World- School Textbook)

the reason why the word given is in quotation marks s simply because

there are usually conditions attached to the aid, such as the country

may not allow the other country to trade with anyone else.

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