Give the effect of Foreign aid on Development.

Discuss the effect of Foreign aid on Development.

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(i) Aid is given to the Least Developed Countries who have good governments and
strategic plans for the aid, it is thought that it is more effective.

(iii) NGO's receive funding from private sources or the government, and then implement
plans to end their specific issues.

(iv) Possibilities are also emerging as some developing countries are experiencing rapid
economic growth; they are able to provide their own expertise gained from their
recent transition.

(v) Foreign aid generally does boost growth. Some studies find a positive correlation, but
others find either no correlation or a negative correlation. The experience of African
countries both at the national and at the regional levels it is no exaggeration to suggest
that, on balance, foreign assistance, especially foreign capitalism, has been somewhat
deleterious to African development.

(vi) Foreign aid has added around one percentage point to the annual growth rate of the
bottom billion poor people. Aid can make progress towards reducing poverty
worldwide or at least help prevent cumulative decline.

(vii) The Challenge of Global Health" points out that the current aid and resources are
being targeted at very specific, high profile diseases, rather than at general public
health. Aid is "stovepiped" towards narrow, short term goals relating to particular
programs or diseases such as increasing the amount of people receiving anti-retroviral
treatment, and increasing distribution of bed nets. These are band aid solutions to
larger problems, as it takes healthcare systems and infrastructure to create significant
change.

maurice.mutuku answered the question on April 24, 2019 at 07:15

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Give the effect of Foreign aid on Development.

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