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Aid helps rebuild livelihoods and housing after a disaster. Aid may not reach the people who need it most. Corruption may lead to local politicians using aid for their own means or for political gain. Provision of medical training, medicines and equipment can improve health and standards of living.
Top 10 Foreign Aid Pros & Cons – Summary List
Foreign Aid Pros | Foreign Aid Cons |
---|---|
Can help to reduce poverty | May lead to tensions between countries |
Better education opportunities | May contribute to higher inflation |
Foreign aid can help to improve infrastructure | Money may be used quite inefficiently |
Advantages of long term aid New industries can develop which improves peoples chances of getting skills and long term employment. It can lead to improvements in long term farming methods – introducing new crops and better land management practises. Trade with the donor country may continue into the future.
Benefits of Space: Humanitarian Assistance. Humanitarian assistance and aid are material and logistical actions undertaken to help people in need. Humanitarian assistance endeavours to save lives, reduce suffering, and ensure that human dignity is protected even during times of crisis.
When recipient nations are required to spend aid on products from the donor nation, project costs can be raised by up to 30 percent. Tied aid can create distortions in the market and impede the recipient country’s ability to spend the aid they receive.
The limited available evidence based on studies of the dynamic effects of food aid today on food production tomorrow finds no evidence of persistent negative effects at national level (Barrett et al. 1999, Abdulai et al. 2005).
On the other hand, a study published in Food Policy finds that food aid provides critical support for vulnerable populations affected by conflict. Their analysis suggests food aid successfully targeted those in need and reduced household food expenditures by as much as 35 percent.
The United States
the United States
Foreign Aid In Africa: Which Countries Provide and Receive the Most Foreign Aid?
Country | Donation |
---|---|
United States | $34.73 billion |
Germany | $25.01 billion |
United Kingdom | $18.10 billion |
European Union | $16.44 billion |