Pros of Foreign Aid
1. It can help ease poverty in poor countries.
Supporters of foreign aid posit that if rich countries will work hand in hand to help developing and poverty-stricken countries, this can help solve the problem of impoverished nations, and better the lives of the people.
2. It is beneficial to involved countries, the donor and recipient.
Giving foreign aid is between two nations and this humanitarian activity is not only a good thing for the country receiving help but also to the giver of financial aid. By helping another country, diplomatic relations will be nurtured.
3. Extending foreign aid will help other countries be more independent.
Advocates say that by helping poor countries and giving them financial assistance and helping them in times of natural disasters and providing medical help like vaccines for diseases, a time will come that these countries will be able to improve their economies. Eventually, these countries will not be needing aid anymore but instead, be the ones to pay it forward like Peru, Japan and China.
4. It can help other nations fight drugs and other problems like HIV/AIDS.
Many organizations are helping in the dissemination of information about transnational problems like drugs and HIV.
Now read The Cons of Foreign Aid
This entry was posted in Humanitarian Aid, International Cooperation by Grant Montgomery.