Question

What role does foreign aid play in the conduct of US foreign policy? What are the different types of foreign aid the US can use? Which of these has been the most and the least effective in the history of US foreign policy?

Answer 1

Foreign aid is instrumental for US in articulation of foreign policy on issues ranging economy, political to social issues.

Explanation:

It is through such that economic sanctions by US are hard felt by developing countries. The US government has been on the frontline in articulation of policies on human rights and health issues.The major goal of the foreign aids is to decrease inequalities, raise economic growth or improve the living standards of people. Foreign aid faithfully makes a distinction to citizens living in shortage. It gives access to fundamental necessities and gives people important conditions for living in a peaceful and the safe life.

Foreign aid accounts for 25% of the US federal budget as per the 2018 statistical report. Of the tools used in foreign aid top at the list is bilateral aid:military aid,voluntary,project,multilateral, tied and bilateral aid programs being used.Top at the least is the bilateral aid mostly used in developing nations to advance its economic supremacy.Voluntary aid being allocated the least in the US budget.

Multilateral aid though less than bilateral accounts for significant amount in the world organizations for instance in world bank its portion is the leading same to its funding to WHO.

Different types on foreign aids:

Some different types on foreign aid involve bilateral aid, the military aid, the multilateral aid and the humanitarian assistance.

Humanitarian assistance is most and least effective foreign policy on US history:

Humanitarian assistance may be considered as targeted or shorter-term account on bilateral aid. For instance, humanitarian aid from rich nations contributed to the coastal parts on South Asia following the 9.1 magnitude earthquake which triggered tsunami on Indian Ocean, murdering more 200,000 citizens. Humanitarian assistance since it lean to be above the other types its efforts obtain more confidential funding than the other types of foreign aid (Lawson, 2014).