The Matter Of Foreign Aid - 1721 Words

The matter of foreign aid is complicated. Through our own policies, the policies of international organizations, and assorted agreements with numerous countries, our role in foreign aid has continued to change over the decades to meet the growing needs of the developing and developed worlds. While we try to aid the developing world to the extent of our capabilities, there are several elements to consider – some of which in the past have often been neglected. When providing aid to countries in need, we fund programs through both Official Development Assistance, hereafter referred to as ODA, and through the financial support of private donors. We rely heavily on partnerships with non-governmental organizations, NGOs, to execute many of our funded programs in other countries, as well as our own agencies such as the Peace Corps. This brief will further explain the general reasoning for and operations of foreign aid, as well as provide you with some past practices of foreign aid wh ich will serve as models of what to do, or in some instances, what not to do, in the future. Foreign aid has not been a formal element of our budget for too long; in fact it’s only been policy and budgeted for just over half a century. This is not to say prior to the 1940s there was no international aid-type involvement; it was just in other conventions and for other purposes. For example, there was humanitarian relief in some European countries, private investment in French and British colonies, andShow MoreRelatedAfghanistan Is A Developing Country1468 Words   |  6 Pagesacademies. They are International Monetary Funds, Asian Development Banks and World Banks. The topic effect of war and peace on the foreign aid and will include foreign aid provided to Afghanistan along with the uses of foreign aid by the administration of the country as well as foreign aid and poverty in Afghanistan. Foreign aid to Afghanistan Afghanistan is utilizing foreign aid since its independence because the country was extremely poor at that time (Blanchard, 2009). There were neither reserves norRead MoreForeign Aid Essay620 Words   |  3 PagesForeign Aid Foreign Aid, charity, development assistance†¦whatever you call it, it has become a global activity. The assistance is delivered by various means: government-to-government, pooled multilaterally or channeled Read MoreThe Effect of War and Peace on Foreign Aid Essay1520 Words   |  7 PagesThe Effect of War and Peace on Foreign Aid Dr. Toi Dennis Elaine Stewart SOC 300: Sociology of Developing Countries May 4, 2014 Introduction Afghanistan is a developing country; the country faced many difficulties soon after its independence. They faced difficulties in the development of their constitution and regulations. The selection of a leader was an issue and the first major task was to prepare a military for theRead MoreDeveloping Countries Supporting Afghanistan As A Developing Country1442 Words   |  6 Pagesacademies. They are International Monetary Funds, Asian Development Banks and World Banks. The topic effect of war and peace on the foreign aid and will include foreign aid provided to Afghanistan along with the uses of foreign aid by the administration of the country as well as foreign aid and poverty in Afghanistan. Foreign aid to Afghanistan Afghanistan is utilizing foreign aid since its independence because the country was extremely poor at that time. There were neither reserves nor military; thereRead MoreForeign Assistance For Foreign Aid1523 Words   |  7 PagesAlthough foreign aid has been going on for hundreds of years, it still remains a controversial topic. Many people have debated whether or not it actually either helps or harms nations. Foreign aid can help undeveloped states by providing education and health care. However, a drawback to foreign aid is that it can cause countries to become dependent and lead to corruption. Foreign aid is effective when countries don t try to use foreign aid for their own benefit and when coordination and accountabilityRead MoreAustralia Essay1193 Words   |  5 Pageskey national interest of Australia is the economy. Australia’s capital, jobs, standards of living, technological innovations and social advances rely substantially on exports and commodity values within S outheast Asia and the Pacific (Department of Foreign Affairs and Trade 2016a). The stability of South East Asia and the Oceania enables prevention against illegal activities and supports social cohesion for Australia nationally and internationally. It is also the basis for prosperity and is a resourcefulRead MoreAdvantages and Disadvantages Giving Aid1521 Words   |  7 Pagesto (Andrew Page, 2005) Foreign Aid or Official Development Assistance (ODA) is a transfer of resources on concessional terms which are undertaken by official agencies. Mostly, the countries that receive foreign aid are usually developing countries. Poverty is the main focus of giving the foreign aid. This situation always happened to many countries due to the conditions where the people live and from that it will show the quality of living is poor among the people. Foreign aid is given to poor countriesRead MoreThe U.s. National Debt1129 Words   |  5 Pageshas changed a lot since the 1830’s, the meth ods used during that period can no longer be the solution in 2015 because there are just too many factors that must be considered. The size and the population of the country have changed dramatically, foreign relationships are far more complicated and broader, and people’s expectations of the government are different. The three largest budget items include Medicare/Medicaid, Social Security, and defense (1). It is hard to reduce any of them without protestsRead MoreFederal Budget Deficit1343 Words   |  6 Pagesrun instead of the potential losses that immediately followed. Many skeptics challenge the reasoning for investing so much money into helping so many other countries when that money could instead help us improve internal affairs. After all, foreign aid spending has increased to $50 billion a year today, which could be put towards funding education to ensure that more kids go to college and possibly affecting the innovation of the future(Morris). Giving more than you receive is nice, but when itRead MoreA Brief Note On The Country Of Ghana1570 Words   |  7 Pageswith poor fiscal policies that have placed the government into deep debt and caused extensive depreciation of their currency. Other economic issues that Ghana faces due to large amounts of foreign aid are inflation and Dutch disease. Their Central Bank has been unable to efficiently regulate the flow for aid to the country, which results in uncontrolled inflation. Dutch disease has been an issue for them due to the market for oil that began expanding in 2010. Their poor infrastruc ture and the