In: Economics
Explain two of the Arguments in favor of Official Development Assistance (ODA).
Answer-Two of the arguments in favor of Official Development Assistance -
1. Official Development Assitance supports the neglected sectors of the economy-In all over the world governments focuses on the education, health, defense and in other essential sectors, they don't focus much more in the sustainable type of development in the economy, but Official Development Assistance focuses on the development of the economy with sustainable use of resources, they do not focus on the development which affects environments and it resources. Official Development Assistance promotes the use of solar energy, wind energy, and the use of clean energy sources for the production processes.
2. Official Development Assitance provide aids and helps to the poor countries, unprivileged peoples and children's -Official Development Assistance provide aids and helps to poor countries by providing clean drinking water facilities ,set up of primary and middle schools in the poor countries for the education of unprivileged childrens for the education facilities with the help of international organization and they also focus how to reduce the poverty and generate employment in the underdeveloped countries.