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Positive and negative effects of foreign aid
Effects of foreign aid on development
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Foreign aid is a type of funding that helps support many countries in great need. Other names for this term are foreign assistance, financial aid, and overseas aid. There are many ways a country can receive aid. One way would be a country giving money to the recipient country. This is the most known form of aid, but the other forms of aid can include tents, food, and weapons.
When foreign aid is used on illegal activities, it not only affects one country’s economy. A country does not merely just have a lack of aid coming into a certain sector. The effect is much greater and powerful. When viewing through an economist’s eyes, it becomes much clearer how illegal activities affect the economic growth of the entire world. Even though taking money for an illegal activity seems small, there is a consequence, whether positive or negative, for it. “A pebble tossed from a beach can become a tsunami on the other side of the world.” -Continuum
Foreign Aid: What is it?
Foreign aid, also known as international and overseas aid, is a transfer of resources from one country to another. Major reasons for giving aid are to promote humanitarianism and altruism. Some reasons a country may provide foreign aid are strengthening a military ally, rewarding a country for a certain behavior, or even influencing their culture upon other foreign countries. One great reason is that countries want to cease foreign illegal activity because they have been affected by it before or they do not want to be affected by it in the future.
Aid is generally given by individuals, private organizations, or governments. Surprisingly, foreign aid from America is usually donated by organizations that are not tied to the government. A specific transfer that fits in...
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The United States continues to give around $550 billion in aid to other countries each year, making America the world's top donor by far (Richardson). While the United States government only supplies $252 billion to needy Americans each year. Former Assistant to the President for Communications, Patrick Buchanan said, "The idea that we should send endless streams of tax dollars all over the world, while our own country sinks slowly in an ocean of debt is, well, ludicrous" (Foreign Aid). The United States need to give money to support the domestic impoverished rather than supporting developing foreign countries because the poverty and homelessness in America is increasing faster than the aid necessary to reduce this trend. Part of the reason that the United States should aid the domestic impoverished is that some foreign countries cannot be trusted with the money given to them and in certain cases, the money intended to aid countries are harmful for that country’s well-being.
The CIA’s 50-year history of smuggling drugs into America is generating hatred for the United States throughout the world. Like Pontius Pilate, CIA washes their hands of the human tragedies and the corruption of government offices. They do this by remaining and by refusing to recognize the evidence, supporting corruption. For the past 50 years, the CIA has abused its power by deliberately drugging and corrupting America; and therefore should be prosecuted.
The Mexican drug cartels have been smuggling drugs across the boarder of Mexico to the United States of America for decades. The Mexican drug cartels are a drug smuggling criminal organization. In other words they run a narcotic drug business. * In my research, I will be discussing about the money being laundered by the Mexican drug cartels from the U.S. to Mexico. The cartels need to launder their money in order to be able to take their drug money back to their country of Mexico.
Human trafficking has been entwined into the structure of governments, arms trade, drug trade, and even spreads as far as terrorism. For many years it has been a fact that the money that has been made by selling other humans to the highest bidder. It is also known that the organized crime operations generate one of the most profitable resources to the organization. These organizations use this money for theirs or other’s crime and end up in the hands of drug lords. Drug lords, in order to promote their own business give money to support terrorist groups and activities. Security after September 11, 2001 has recognized human trafficking as a national and international security risk.
Before extending aid to other countries, we should focus on our more prevalent domestic problems. Patrick Buchanan said, "The idea that we should send endless streams of tax dollars all over the world, while our own country sinks slowly in an ocean of debt is, well, ludicrous. Almost every American knows it, feels it, believes it." The topic of United States foreign policy is greatly debated, and a decision on how to handle is very hard to come by. It seems as if we are finally leaning towards less aid to foreign countries, as we try to cut wasteful spending. The American government is finally opening its eyes to the realization that all of the aid we are giving out may not be worth it. Our priority should be to help our homeless, instead of other countries' poor.
The development of a country depends generally on the work and values of its society. The image of a country can be severely damaged by certain actions and behavior of their citizens, like bribery. When a country is known as a corrupt nation, not only will the facade of the country be affected, but also the economy. Establishing measures to eradicate corruption are urgently necessary. Corruption has been around since the begging of time, but currently is more common in business, more specifically, international business. Although some organizations have been formed, and conventions have been signed in order to end it, corruption is still one of the mayor problems around the world. An ethical view might bring more insight to why bribery and corruption is not a moral act and why more severe measures should be taken into consideration.
Foreign aid to countries can help in many ways. It can be used as a
Concerned authorities have focused essentially on criminalization and punishment, to find remedies to the ever-increasing prevalent drug problem. In the name of drug reducing policies, authorities endorse more corrective and expensive drug control methods and officials approve stricter new drug war policies, violating numerous human rights. Regardless of or perhaps because of these efforts, UN agencies estimate the annual revenue generated by the illegal drug industry at $US400 billion, or the equivalent of roughly eight per cent of total international trade (Riley 1998). This trade has increased organized/unorganized crime, corrupted authorities and police officials, raised violence, disrupted economic markets, increased risk of diseases an...
The United States is one of the leading suppliers of Foreign Aid in the world, and even though the US gives billions, European countries give aid money to the same countries, this causes many areas of the Middle East, Africa, and Asia to be almost fully dependent on foreign aid. This means that without aid from other countries, they would not be able to support themselves at all. Foreign aid is meant to help countries that are struggling with civil unrest, disease, or natural disasters, it is not meant to help keep the country out of debt, but that is where more and more of the US and The EU’s foreign aid budget is going. The question is, does all this money actually go where it is intended? It should be going towards the government and to help the people, but in many cases, the countries government does not have the resources to properly track the flow of money. The countries in most cases have poor infrastructure and corrupt or oppressive leaders, not always at a national level, but in the towns and cities. So this means there is almost no way to oversee the flow of foreign aid through the country, all we can see is that their situations aren't getting any better and the countries are still impoverished. If this is the case, where are the millions of dollars going? Countries like Afghanistan and Iraq receive the most money from American foreign aid and European aid, yet they are still under oppressive governmental rule and there is still an extreme difference between the rich and poor. Garrett Harding’s theory of “Lifeboat Ethics” exemplifies how not giving aid to others will allow the strongest of society to thrive, while teaching the impoverished to help themselves. He believes that giving aid to poor countries will only make ...
...benefit economically from their activities on these markets. Countries with offshore centers that specialize in money-laundering reap significant benefits. Unlike the negative effects of the Mafia and organized crime, the positive effects are direct and quickly noticeable (Van Dijk 56). Even though it may seem like the revenue from all of the illegal activities helps the economy, it actually does not. There are profits but it does all lead back to negativity: corruption, lesser rule of law, risk of business, etc. The economy is actually slowed down and weakened rather than strengthened (Van Dijk 52).
The discussion of legalizing certain illegal drug like marijuana for personal use or prostitution to help stimulate the economy is one of the worst ideas ever. It was also said that it will eliminate money laundering problem. By keeping illegal drugs, prostitution, and money laundering illegal will prevent criminals from exploiting the poor and unfortunate people. This will also prevent the “paid” rape of all genders, it will also detour people from becoming an addict, thus eliminating the increase of money laundering. If those things are not controlled or increase in awareness the human trafficking business will grow even more each year, more people to include younger children are turned into sex slaves, and legitimate business starts to launder money all because of the suffering economy.
In the United States a charitable foundation is an organization which has formalized the process of relieving poverty, advancing education, supporting disaster relief, and/or assisting with community projects. Charities are non-profit organizations which can take the form of either a non-operating private foundation (trusts) or operating foundation (public charities). When many of us hear of a tragic event that hits close to home, we give our support with an open heart in order to help others in need. Unfortunately, with this act of kindness we could be creating an environment that is highly vulnerable for fraud perpetrators and fake charity scams.
According to Jay Albanese organized crime is a continuing criminal enterprise that is rationally working to produce profit through illicit activities based on demand, where its existence is kept through force, threats, and corruption (Albanese 2004). When looking at transnational organized crime, we are looking at crimes that involve crossing national borders and individuals who work within more than one country to complete illicit business endeavors. I argue that political and systemic issues as well as outside influences leave weaker governed countries more exposed to the risks of transnational organized crime. I will be exploring four different areas related to this topic in order to understand why these countries experience an abundance of transnational crime; how it has become available through globalization, whereby the world has become an increasingly smaller place; factors that allow for countries to become more susceptible to criminal activity; the international moral panic that allows for policy control and global influence; and a link between organized crime and terrorism and its use to larger countries. This is an important topic because as the world shrinks our connection to one another grows and the influence one faces may cause repercussions upon all of us one day.
Poor countries have been receiving aid from the international community for over a century now. While such aid is supposed to be considered an act of kindness from the donor nations or international bodies, it has led to over dependence among the developing countries. They have adopted the habit of estimating and including international aid in their national budgets to reduce their balance of trade deficits. It is believed that foreign aid is necessary for poor nations in order to break the cycle of poverty that ties their citizens in low productivity zones and so their economy will not be weak. However, some critics view the extension of aid to poor countries as means of keeping the nations in economic slumber so that they can wake up from only by devising ways of furthering self-sustainability. Because of these two schools of thought concerning the topic, debate has arisen on which side is more rational and factual than the other. The non-sustainable nature of international aid, however, leaves the question of what may happen in the event that foreign aid is unavailable for the poor nations. After thorough consideration on the effects of the assistance to poor countries, it is sufficient to state that giving international aid to the poor nations is more disadvantageous than beneficial to the nations. This point is argued through an analysis of the advantages and disadvantages of giving international aid to the poor countries with appropriate examples drawn from various regions of the world to prove the stance.
Bangladesh has been working to improve its country because it is one of the poorest ones in the world (Islam, 1992). It is one the world’s most densely populated countries with 161 million people. Forty-three percent of the people there still live there and it till has one of the highest prevalence of child malnutrition in the world at 41% (Bangladesh, n.d.)). Foreign aid has been given to the country to try and help get them out of poverty. From the period of 1971 to 2012, Bangladesh received about $56.5 billion in foreign aid (Hossain, 2014). The annual flow ranges from $1.0 billion to $1.5 billion (Quibria, 2010). The United States contributes about 6.29% of the foreign assistance to Bangladesh as bilateral donors (Hossain, 2014).