Foreign Aid in Developing Countries

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Recommended: Extreme poverty solutions

The modern era has been going through a poverty global crisis. As time goes by, the number of people living in poverty has been increasing tremendously. In fact, the world has a total population of six billion people, where one billion people are surviving on less than one dollar each day. (Sachs, 2005, p. 20) The countries in the North are the ones who are less affected by this issue; however, poverty in the global South continues to grow. Individuals in developing countries suffer from a number of diseases such as malnutrition, HIV, malaria, anemia, tuberculosis and so forth. Moreover, this nations lack health care, education and stable jobs. According to UNICEF, “22, 000 children die each day due to poverty. “ As long as there is no effective solution, this cycle will keep growing and future generations will also be affected.
Unfortunately, the solutions proposed to fight poverty, such as foreign aid, have been more detrimental than beneficial to developing countries.

The intention of foreign aid is to foster a country’s human rights, democracy and enhance security by fighting poverty in order to establish a world of welfare ( UofT). Foreign aid has become more prevalent in recent years; however, is often corrupted and mismanaged by recipient governments, more specifically, governments in developing nations. It is important to understand the different types of foreign aid in order to evaluate the effectiveness of foreign aid. There are three main types of aid, humanitarian and emergency aid, charity- based aid, and systematic aid (Moyo, 2009, p. 7) Emergency aid is supplied in the occurrence of a natural disaster. In addition, organizations such as World Vision and OxFam distribute charity-based aid. In this paper we ...

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...xfam America, , ed. "Foreign Aid 101." Oxfam. N.p., n.d. Web. 15 Mar 2014. .

Pop of the world, Equity Watch, Center for Science and Environment, October 25, 2002.

Sachs, J. (2006) The End of Poverty: Economic Possibilities of Our
Time. New York: Penguin Books

Shleifer, A. (2009) “Peter Bauer and the Failure of Foreign Aid.” Cato Journal 29 (3): 379-90

Stiglitz, J. (1999): “Aid effectiveness and development partnership” in UNU (1999): Donor coordination and the effectiveness of development assistance (United Nations University, Tokyo)

Tan Keo, Peter. "The Dark Side of Foreign Aid."Diplomat. 05 11 2013: n. page. Web. 25 Mar. 2014. .

World Bank (1998): Assessing Aid. What Works, What Doesn’t and Why (Washington DC).

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