International aid, what does it do?
The UK now gives £1billion a month to the so called third world, where does the aid go and is it helping?
International aid does nothing except further drain the treasury of the country giving the aid, and foster corruption inside the country receiving the aid. A no win situation for both concerned, however one looks at it.
Strings are attached to international aid. It consists of about 1% of the gross national product of the donor. If anything, it serves to raise the buying power of the recipient nation so that its people, at least some of them, can buy the products of the donor. The donor makes profits out of the buying power much more than the amount of aid.
The one great lesson learned from the Great Depression in 1929 is that business goes to a stand still because of the lack of money to buy products of industry and agriculture. One remedy to lack of money in the hands of the poor is to give them cash allowances. However, such is taken back in the form of purchased products of industries.
I see very little profit from one nation giving another nations government money to buy the product of another nation.
Cash allowance to a US citizen is fought out in congress. Aid to a nation is another window with the same effect as domestic allowance, even more. Aid is an investment that makes profits through another form, neocolonialism.
International aid is supposed to be for the use of supplying third world countries assistance, either supply wise or monetary. However, whether it is used for that or not is unknown. It is something that they put in the budget so that if the need should arise they have it. Some believe that it could be used for personal use or just to look good on paper. But, as A. Villarasa, says it does drain money from the country that the governments are supposed to be taking care of.
It goes anywhere the Govt wants it to go like:-
Schools in Rural India - ?
Govt Hospitals in places where it is needed.
Improve eliminate sanitation in Rural areas in India.
Print Books for School Children.
Drinking Water in Rural Areas.
Improve health for pregnant women in Rural India.
But mainly to fill pockets of contractors who take up the job but do a poor quality work and get money bribing Bureaucrats and others in Govt .Depts with out any check by AID GIVERS.
Because of a few unscrupulous politicians and generals, makes the whole nation a beggar. Sad, but it is the reality.
It makes you feel good in the short term, but creates dependent stagnation in the long term while draining your coffers. It's as simple as that, it makes you feel better.
Keeps people from starving and governments from collapsing into chaos.
by cooldad 3 years ago
I can't help but wonder if the United States could be considered a terrorist nation. With its actions in the past and the present, can the U.S. be considered terrorists?The treatment of Native Americans, slavery, Cambodia bombing, Iraq, Afghanistan are just a few potential examples.What are...
by AdsenseStrategies 8 years ago
First off, can anyone corroborate this?Second of all, if this is true, and assuming "overseas aid" normally means aid to extremely impoverished countries, then WTF?
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