Princeton: Princeton University Press. Bibliography Foreign aid essay, John and Steven Hook. Foreign Affairs, 57 1 However, foreign aid essay, there was resistance to this through the efforts of Ho Chi Minh, who would later lead the independent country. National Interest as a key determinant in Foreign Policy National Interest and Foreign Policy National Interest Defined: The national interest is, very simply, the objectives of a country ranging from the macro goals i. The primary purpose of this research is to examine the current situation, and how international aid strategies are dealing ineffectively with particular nations that are clearly violating human rights.
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We live in a world where different individuals are gifted different and also the same applies to regions. We have certain regions of the world endowed with enormous resources while others are merely deserts of resources. While natures play its role, knowledge skills and technical know-how has also contributed immensely into this disparity and inequality. We live in a world where a group of people in certain worlds wallow in abject poverty lacking basic amenities and crucial simple survival resources to make both ends.
While this is happening we also have other places in the world where people enjoy a great variety of freedom and choices on their way of life and what to eat. We can say in simple foreign aid essay they are comfortable. The world is changing fast and in that sense, many are keeping up with these fast changes but there remain groups that are being left behind and it cause a lot of discomfort to everyone in this journey Dreher, Axel, A world of people living in poverty, foreign aid essay, torment, and misery causes a lot of discomfort to those who live next to such and it is unbearable and the truth is that their grief and pain trickles to those near them and it becomes a necessary human endeavor to lend a helping hand to help fix the emerging issues in this neighboring countries, foreign aid essay.
The rationale behind foreign aid is built on the need to help these countries out of their misery but also at the same try to prevent the issues arising from such places from finding their way into the other side of the borders. The motive of these aids is not only designed to help but also to penetrate these place and utilize the untapped resource for the gain of the native dwellers and the foreigners. There serious emerging issues in the developing countries and the rate at which these countries are addressing these issues it might take millennium sand there is where the need to help rejuvenate these economies comes in. Foreign aid is not only the best option for these illnesses but might be the only hope. Though it faces its challenges it has been proved to work in most places especially in Asia.
The question that lingers around my mind is, what are the underlying issues that have hindered its success in other countries especially foreign aid essay Africa. What is aid? The basic understanding of aid in this context of the study is crucial to facilitate grasp of the entire concept of foreign aid and its implication to the economic growth of certain countries and also its political significance. The simplest understanding of the word aid can be summarized as support in terms of resources given by one state to another for the purpose of economic growth. This aid from other countries is what has grown to be known as foreign Aid. So many countries around the globe are involved in the allocation of the resource to other countries and it has become a common name in developing countries.
Foreign aid can be categorized into two major channels through which are flows to reach the intended. Multilateral institutions are big institutions in terms of capacity and its reach and they are often used to provide foreign aid to developing countries. The concept of multilateral foreign aid can be summarized as the process through which developing countries; cooperation, individuals and foundation pool their resources to fund certain projects through multilateral institutions good example of this institutions is the World Bank which is funded by most of the developed countries with the main goal of eradicating poverty in the least developed countries. This is the kind of support offered by one country to another directly with aim of funding specific projects and also strengthening political bonds good example of a donor foreign aid essay is the United States of Foreign aid essay U, foreign aid essay.
A which provides aid through its Aid agencies called USAID. The Agencies focus and fund specifically asked government projects on health, food, education and disaster mitigation procedures, foreign aid essay. As much as the intentions for aid might vary from different entities who provide them, foreign aid essay, the underlying common interest is serving humanity and welfare. The main reason for foreign aid is to enhance foreign policies agendas, foreign aid essay. Many countries around the country engage in foreign aid activities which has long been used as tools of enhancing foreign policies and also as tools of bargaining for favors’ and certain rights Dreher, Axel; Jan-Egbert Sturm and James VreelandForeign aid can be used a tools of political manipulation, where the Aid upon which a certain a country depends upon can be withdrawn with intentions of creating economics blackouts and creating chaos to a country seen not be friendly or following unpopular practices.
On the other hand, foreign aid essay aid can be used to foster good relations of involved parties and can also be used as a means of rewarding countries which have adhered to certain policies of the donor country. Foreign aid can also be used to bargain for certain freedoms or rights to certain projects in the recipient country by the donor state. Foreign aid can also be used to solve emerging issues or disaster to receipt country. Natural calamities like storms can cause devastating aftermaths to countries which without donor support it would close to impossible for these countries to recover. Aid is designed to cushion and help certain progress or move on when disaster strike, foreign aid essay.
The case of Haiti is a clear show of the role of foreign and its impact on the purpose of helping mitigate issues. The donor country is the sole decision maker when it comes to foreign aid essay the aid should be allocated when it should be allocated to what extent it should be processed and to what end does it pursue. The donor country through it establishes agencies decide on the amount to allocate to certain recipient country and they also set the chronological framework through which the aid will be delivered and also the consider the means of delivery of the aid. The donors underlying principles are crucial in determining whether a certain country should receive the grant and also of importance the recipient country’s government policies can be a great influencer.
If the receiving country’s policies intertwine or correspond then there is always a likelihood of the donor country being comfortable to offer support where it is needed. The donor countries can choose to use either the bilateral way or the multilateral approach to dispense its policies’ duty of providing aid to other countries with clear intentions of driving their interest home. Bilateral aid approach offers the donor country the full autonomy to disburse funds and manage, foreign aid essay. In this approach, the donor country has the sole responsibility of designing means of delivery of such funds to the targeted country and also they have the foreign aid essay of providing avenues on how to utilize the Aid to achieve intended goals.
Despite the autonomy that comes with this approach, many donor countries prefer the use of multinational institutions to deliver on their agenda. Multinational offer a wide range of professionals who work and provide better accountability practices which are admirable and make it easy to leave things on their hands. The multilateral approach offers cheaper modalities foreign aid essay dispensing aid which saves the donor country of the hustle of drafting the delivery means and management channels, foreign aid essay. This approach also helps the donor country to avoid getting itself mixed up in the politics that involves such procedures and the approach is greatly viewed to be purely economic sense other donation seem political in all their outlook and often appear biased, foreign aid essay.
There is always the need of recipients’ country to align its policies to the policies of the donating country I order for the donation to be delivered. There have been incidences where donation have been withheld due to lack of cooperation from the recipient’s country to conform to this demands, foreign aid essay. In other more forthcoming scenarios, the government makes an adjustment to fit into the donors’ preference and such money received and support are allocated to fund projects, foreign aid essay. On other scenarios, the recipient country foreign aid essay only wait for the confirmation of the donors’ commitment in order to draft their budget with greater considerations drawn to the aid and its benefits in supplementing the existing revenues.
The country that foreign aid essay this aid is able to redirect this support foreign aid essay projects that help strengthen the infrastructure of the country with the aim of opening up the country to the investor. Such investors help increase economic activities and hence enable such countries progress and grow. The aid helps government strengthen their security apparatus and be able to defend their country and the foreign aid essay time protecting the citizens of these donor countries who visit as a tourist. Countries spend the money allocated to them anyhow without the consideration of the consequences of such acts.
Mismanagement of these funds and embezzlement has been a key challenge facing most developing countries. Many countries use these funds in projects that yield no returns and can’t be accounted for. Money allocated for a certain project being reassigned to other projects this is evident in the case of Chad where money intended to help eradicate poverty was re-tasked to finance the army. The World Bank is an international well recognized financial institution that offers grants and loans to the least developed countries with the intention of helping them strengthen their economic standard for the main purpose of reducing poverty. The bank offers a great interest rate of 0. The money gained from this interest are used to help pay for the operational cost of running the bank and also to increase on the set reserves of the bank.
There are no established criteria upon who is eligible for the loans offered by World Bank but have legal tenders and a board which conducts an election on the eligibility to get a loan. The World Bank loans are attached to certain foreign aid essay to foreign aid essay loans with caveat clause which requires the borrowing state to be able to restructure its economy to attaining the recovery period of years, foreign aid essay. Countries like the US already have huge voting rights than other combined states hence it influences policies that have a direct impact on the process of loan allocation and intervention. So in simple terms, any request not supported by the U. S has a high chance of failing. The World Bank offers loans for projects that fit within the policies of key shareholder like the US which sometimes most states fail to meet due to its policies and economic plans.
Most projects fit within the standard or the criteria of meeting and handling environmental sensitive issues like water, food, foreign aid essay, and extraction of natural resources. The issue here comes when a country wants to borrow but its agenda is fixed on other projects that not conform to the standards, so the Banks ability is limited. The conditional set for one to receive the loans which include includes structural adjustments in order to be able to service foreign aid essay fee most times leave the country vulnerable or sometimes the country cannot match up to these desired improvements.
The servicing of the loans affects major sector like health and education by holding foreign aid essay project spending hence limit the countries balanced growth. This means that that spending on such projects like the sport is restrained as the focus shift to the development and structural improvements. The World Bank has been playing a key role in assisting the developing country to build projects that help sustain life and meet economic growth requirements Boockmann, Bernhard and Axel Dreher, and these have been done through:. The share of the developing country is insignificant compared to other developed countries like the US. The bank’s ability to fund the growing demand has been termed as inadequate where member’s state have to source other institution for assistance.
Least Developed Countries are having a hard time accessing loans from the bank and it has caused some discomfort from members’ state. The bank has a policy where the country receiving the loan shall pay it foreign currency or gold measure standards which sometimes the Least Developed countries find it tough to meet. The most developing country requires a lot of funds to standardize foreign aid essay allocation on welfare projects like education but the bank has policies that limit the country to projects that aimed at solving environmental impacts like dams.
The overall view of the role of the foreign aid shows that it has raised growth and facilitated many countries achieve their economic goals and plans. Over a period of time, the amount of aid that has been poured into these developing countries has worked for others and the opposite for other countries. Such disparities call for an overall change in policies and tactics it issuing these aids to those sections of the world where they have failed and a good example is Africa. Most of the finances directed to most Africa states have ended up being underutilized and a big percentage of it embezzled by government officials for their own foreign aid essay. Hence there is a need to stop the funding and new approaches implemented and tougher rules set to monitor these funds and its management.
The accounting procedure of donor countries need to be revisited and new approaches established to monitor these funds and also a keen audit of all projects with a clear investigation conducted. Government policies and the kind of leadership available has affected greatly the flow, the kind and foreign aid essay success of projects with most official interfere in the affairs of the project and embezzle funds leaving little left for effective delivery of the project. Foreign aid essay it is evident that aid is effective and successful where better governance is offered and where there foreign aid essay well planned and implemented government policies.
Then with such in mind, the kind of leadership chosen by the people should influence the flow of aid. Where certain leaders don’t offer credible and better policies. Donors should desist to offer aid to the people make the right adjustments. It can be used as political leverage on the people to choose better leaders with good development agendas. So the role of foreign aid is much needed only foreign aid essay approach need changing and mot institution restructured to accommodate the emerging issues in our society.
foreign aid. com, foreign aid essay, Dec 20, Accessed January 7, comDec foreign aid Topics: Bank Economy Health Money Policy Politics World Bank. Essay, Pages 12 words. Introduction We live in a world where different individuals are gifted different and also the same applies to regions, foreign aid essay. Get quality help now. Proficient in: Bank, foreign aid essay. Cite this page foreign aid.
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FDI foreign direct investment and FPI foreign portfolio investment have become the major economic drivers of globalization in recent decades, as a heated debate, they are increasingly drawing many individuals'. The debate over foreign aid has been raging for quite a while now. Some critics have argued that aid does precious little to the poor countries it reaches. Others arguing. Drug abuse is one of the major concerns of our society today. It probably has the most negative effects on our communities. It does not only destroy the life of. The United States is the leading developed nation in foreign aid that considers both the interest of its own citizens and industries and those of beneficiary countries. Billions of people. Some researchers think that in the story Melville described himself.
Some others think that this is because of madness. This is in response to the official letter that I received from your office regarding the suspension of my financial aid. I am writing to present a request to have. Federal regulations require students to maintain Satisfactory Academic Progress SAP in three areas- cumulative GPA, hours earned or completion rate, and maximum timeframe — to be eligible for financial aid.. We use cookies to give you the best experience possible. PhD Essay Business Industries Agriculture Foreign Aid Is Good. Order original essay sample specially for your assignment needs. get custom essay. Is aid good or bad? Essay type Research. Foreign direct investment and foreign portfolio investment.
Targeting Bilateral Aid For The Poor. Aid for Drug Addicts. Money is a huge factor in our economy and is an essential to live in today 's world. We all need a good education which allows us to have good paying jobs to support ourselves and our families throughout our lives. To achieve these goals, they will get harder and harder for you because of our capitalistic economy and our republic government. Instead, they have been accused of indulging in corruption. The level of corruption in the country affects the stability of the economic development. Ethiopia receives huge foreign aids that should help to fuel the development of the nation. For instance, China, U. S, and E. provide over three billion dollars in foreign aid per year.
Home Flashcards Create Flashcards Essays Essay Topics Writing Tool. Essays Essays FlashCards. Browse Essays. Sign in. Flashcard Dashboard Essay Dashboard Essay Settings Sign Out. Home Page Foreign Aid Essay. Foreign Aid Essay Words 4 Pages Open Document. Essay Sample Check Writing Quality. Show More. Related Documents The Importance Of NATO Assignment One In order for a global community to survive, countries must generate healthy relations with other countries across the world. Read More. Words: - Pages: 4. Difference Between Developed And Developing Nations The primary one would be the developed nations because developed ones tend to lean on these economic giants for support or assistance when pursuing international partnerships and connections.
Mismanagement of these funds and embezzlement has been a key challenge facing most developing countries. Many countries use these funds in projects that yield no returns and can’t be accounted for. Money allocated for a certain project being reassigned to other projects this is evident in the case of Chad where money intended to help eradicate poverty was re-tasked to finance the army. The World Bank is an international well recognized financial institution that offers grants and loans to the least developed countries with the intention of helping them strengthen their economic standard for the main purpose of reducing poverty. The bank offers a great interest rate of 0. The money gained from this interest are used to help pay for the operational cost of running the bank and also to increase on the set reserves of the bank.
There are no established criteria upon who is eligible for the loans offered by World Bank but have legal tenders and a board which conducts an election on the eligibility to get a loan. The World Bank loans are attached to certain conditions to its loans with caveat clause which requires the borrowing state to be able to restructure its economy to attaining the recovery period of years. Countries like the US already have huge voting rights than other combined states hence it influences policies that have a direct impact on the process of loan allocation and intervention. So in simple terms, any request not supported by the U. S has a high chance of failing. The World Bank offers loans for projects that fit within the policies of key shareholder like the US which sometimes most states fail to meet due to its policies and economic plans.
Most projects fit within the standard or the criteria of meeting and handling environmental sensitive issues like water, food, and extraction of natural resources. The issue here comes when a country wants to borrow but its agenda is fixed on other projects that not conform to the standards, so the Banks ability is limited. The conditional set for one to receive the loans which include includes structural adjustments in order to be able to service the fee most times leave the country vulnerable or sometimes the country cannot match up to these desired improvements. The servicing of the loans affects major sector like health and education by holding social project spending hence limit the countries balanced growth. This means that that spending on such projects like the sport is restrained as the focus shift to the development and structural improvements.
The World Bank has been playing a key role in assisting the developing country to build projects that help sustain life and meet economic growth requirements Boockmann, Bernhard and Axel Dreher, and these have been done through:. The share of the developing country is insignificant compared to other developed countries like the US. The bank’s ability to fund the growing demand has been termed as inadequate where member’s state have to source other institution for assistance. Least Developed Countries are having a hard time accessing loans from the bank and it has caused some discomfort from members’ state. The bank has a policy where the country receiving the loan shall pay it foreign currency or gold measure standards which sometimes the Least Developed countries find it tough to meet.
The most developing country requires a lot of funds to standardize its allocation on welfare projects like education but the bank has policies that limit the country to projects that aimed at solving environmental impacts like dams. The overall view of the role of the foreign aid shows that it has raised growth and facilitated many countries achieve their economic goals and plans. Over a period of time, the amount of aid that has been poured into these developing countries has worked for others and the opposite for other countries. Such disparities call for an overall change in policies and tactics it issuing these aids to those sections of the world where they have failed and a good example is Africa.
Most of the finances directed to most Africa states have ended up being underutilized and a big percentage of it embezzled by government officials for their own gain. Hence there is a need to stop the funding and new approaches implemented and tougher rules set to monitor these funds and its management. The accounting procedure of donor countries need to be revisited and new approaches established to monitor these funds and also a keen audit of all projects with a clear investigation conducted. Government policies and the kind of leadership available has affected greatly the flow, the kind and the success of projects with most official interfere in the affairs of the project and embezzle funds leaving little left for effective delivery of the project.
So it is evident that aid is effective and successful where better governance is offered and where there are well planned and implemented government policies. Then with such in mind, the kind of leadership chosen by the people should influence the flow of aid. Where certain leaders don’t offer credible and better policies. Donors should desist to offer aid to the people make the right adjustments. It can be used as political leverage on the people to choose better leaders with good development agendas. So the role of foreign aid is much needed only the approach need changing and mot institution restructured to accommodate the emerging issues in our society.
foreign aid. com, Dec 20, Accessed January 7,
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