There are many actors that are involved and held responsible for the distribution of foreign aid to countries in need. The Millennium Declaration was written and established by the United Nations in 2002, and was joined by the U.S., which pledged to cut extreme poverty in half within the next 20 years. The Monterrey Consensus laid out goals to achieve the promises laid out by the Millennium Declaration by promoting the private sector in developing countries, opening trade with them and increasing official development assistance (ODA). The World Bank is charged with making loans ...
... middle of paper ...
...money for their own purposes. The biologist Garrett Hardin rejects any initiative to help the global poor. He stated that “the less provident will and able will multiply at the expense of the abler and more provident, bringing eventual ruin upon all.” This makes sense if you looked at the world as if it were a spaceship. There is also the argument that foreign aid would actually contribute to the problems it was meant to alleviate.
World poverty is very real and I believe that every individual has a moral obligation to do something about it. Although foreign aid may have problems attached to it, it doesn’t make sense to simply stop aid completely, it isn’t humane. We are all humans and all have a right to be on this planet. Scenes like those we see today in countries like Sudan and India make the question of how to solve the problem of poverty impossible to ignore.
Need Writing Help?
Get feedback on grammar, clarity, concision and logic instantly.Check your paper »
- 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.... [tags: foreign assistance, financial aid]
2115 words (6 pages)
- 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.... [tags: Foreign Aid Essays]
2488 words (7.1 pages)
- To help struggling countries, many of the more affluent nations provide a certain amount of foreign aid (or development assistance) every year. This aid can range from money for food to medical supplies. In theory, aid is a wonderful thing as it helps those in need of support, but in recent years an issue has arisen over whether aid is truly effective or not. On one side of the debate are those who think that foreign aid is very effective and should be a priority for the West. Not only can this aid directly help people, but it encourages economic growth.... [tags: Aid, HIV, charity]
1562 words (4.5 pages)
- Over the last 50 years, the world has struggled to maintain an economic balance and stability, while flourishing countries try to maintain a steady income to support its people and relations with other countries. Therefore, when a continent like Africa fails to maintain a stable government and economy, super powers such as America decide to intervene with its relations. Africa has great potential to become another pillar of the world’s economic structure with its mass amounts of uncultivated land.... [tags: international aid, economics, development]
1243 words (3.6 pages)
- Charity begins at home. Does this expression apply to the principles of the British government. As billions of pounds are relentlessly channelled into foreign countries, over thirteen million people at home in the UK are living below the low income threshold of under than £110 per week. This includes nearly four million children suffering from a disadvantaged childhood. This is due to the lack of financial assistance for poor families from the Government. By cutting the foreign aid budget the Government could increase investment in the impoverished children of their own country.... [tags: foreign countries,]
1125 words (3.2 pages)
- 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).... [tags: Poverty, Agriculture, Aid, Development aid]
1042 words (3 pages)
- Building off of the ideas put for in Does Aid Work, Roger Riddell’s book Does Foreign Aid Really Work expands the work on evaluating the impact of foreign aid. The important difference that sets Riddell’s work apart from previous literature, is the expansion of the definition of aid to be more inclusive that traditional definitions. Most work on the topic up until this point focused specifically on Official Development Assistance, and neglected to account for various other types of aid. By expanding the definition to cover all aid, Riddell attempts to identify if foreign aid is a good practice in general.... [tags: Economic development, Economic growth, Aid]
1012 words (2.9 pages)
- It's Time for America's Foreign Aid Policy to Follow Thomas Malthus’ Prescriptions During the late 1700s, Adam Smith and Thomas Malthus each entered their predictions on the future of the world’s economies into the history books. In his writings in An Inquiry into the Nature and Causes of the Wealth of Nations, Smith theorized that national economies could be continuously improved by means of the division of labor, efficient production of goods, and international trade. In An Essay on the Principle of Population, Thomas Malthus predicted that the sustainable production of food in relation to population was vital to the mere existence of national economies in order to ensure an able labor f... [tags: Foreign Policy Politics Political]
5400 words (15.4 pages)
- What is absolute poverty? According to Robert McNamara it is "life at the very margin of existence" (Singer 219). It is a life that, if not ended by early death, causes a kind of misery unseen to those living in the United States. Compared to the estimated 1.2 billion people, worldwide living in poverty, those of us in developed countries experience a life of luxury. The things that we take for granted, such as cars, computers, microwaves, and televisions, are extravagant items that most people living in extreme economic poverty will never see.... [tags: Foreign Aid Essays]
2352 words (6.7 pages)
- Abstract: The impact of massive aid transfer in the globalised world has been discussed by many economic experts. Generally, many believed that foreign aid brings benefits to recipient countries. In fact, aid is transferred based on donors’ political motives because they yearn for world influence. Besides this, ‘tied aid’ is also used as a method to strengthen donors’ economic conditions. This exhibits the ineffectiveness of foreign aid because it caused the recipient countries to consume some amount of goods and services from donor countries with overcharged prices.... [tags: International Finance ]
1745 words (5 pages)