Improve scientific and technical expertise to enhance production. Selection of donor on the basis of their policies. Foreign aid is not a blessing and it should be avoided as far as possible. Rich countries do not give aid as a charity to the poor counties.
Thanked Times in Posts Salamona Foreign Aid is the assistance given by different countries to a community or a state in times of severe occurrences. It aims on making affected segments able to stand on their feet in quandary. Its proper allocation and distribution makes it more significant or demolishes its skin in the eyes of a keen observer.
In so far as its relevancy to pakistan is concerned,let me vent out my intrinsic feelings at the risk of offending my fellows,that Aid garnered and procured in times of dire need here in pakistan is utilized for personal interests rather than collective well being.
Politicians, bureaucrats and humane-mongers set themselves at the task of looting and plundering in the name of distribution.
Effectees on other hand remain untouched for their being dominated. Transparency is dumped and corruptions is unleashed for serving the masters by trespassing tenets in general.
At the same time,perpetual incidents have made us totally dependent on international community for our survival. Admittedly,we have become lackadaisical and our lukewarm strategies are no longer effective. We are becoming used to this assistance and its addiction has made us devoid of our potentialities.
Making money by illegitimate practices is out poured merely in the name of human service. Multiplicity of ethical downfalls have snatched our reliance on our collective will.
Viewed so,Foreign Aid in all its utilities has made us scavengers rather than philanthropists.
Truly,you are praiseworthy and glorious.foreign aid blessing or bane Foreign aid is a curse as it makes the recipient country economically and diplomatically dependent on the donor country/institution.
Rich countries do not give aid as a charity to the poor counties. “Is foreign aid the solution to global poverty?” A United Nations report called for a doubling of foreign aid to poor countries as the means to reduce poverty.
Yet the Nobel Peace Prize was awarded to a for-profit microloan bank and its founder, an apparent vindication of the ideas of Peter T. Bauer, Henry Hazlitt, Deepak Lal, and others.
Foreign Aid—Blessing or Curse find that the relationship between foreign aid and economic growth may depend on whether the recipient countries have been pursuing sound economic policies. Foreign Aid Blessing or Curse - Download as PDF File .pdf), Text File .txt) or read online.
Scribd is the world's largest social reading and publishing site. Search Search. The role of foreign aid in promoting economic growth is a debatable issue and remains unsettled at both theoretical and empirical levels.
Pakistan has received a substantial amount of foreign aid since its Independence in but little improvement has been observed in its socio-economic development.
Foreign Aid Blessing or Curse: Evidence from Pakistan Created Date: Z.