Question

Historical evidence supports which of the following claims? Question 1 options: Aid from developed countries to less developed countries has not always resulted in sustained growth for the less developed countries. Only the less developed countries that have received aid from the wealthy countries have succeeded in achieving sustained growth. Sending financial resources to developing countries has helped them all achieve sustained growth. Building capital in the developing countries has helped them all achieve sustained growth. Developed countries should not send any more aid to less developed countries because the effort has never resulted in sustained growth.

Answer 1

Yes, the historical evidence does support the given claim. Taking the examples of Asain Countries and African countries. The Asian countries like India, which are developing countries, have benefitted immensely from the inflow of foreign investment and aid from across the border and has thus made the country one of the fastest growing economies in the world. On the other hand, most of the African nations, even after receiving a lot of foreign aid struggle to come to the path of sustainable development. In fact, it has just been an indiscriminate use of natural resources that we have observed by the foreign organizations that are working in African nations. One of the reasons for this could be that the democratic structure of the govt. in African countries is not very strong, as against those in the Asian nations, wherein the govt. is fully accountable to the people for what they do. In African nations, it is usually the dictatorship or very weak democratic govt. that have led to very less accountability to people and thus not very efficient usage of aid received from abroad.