What are some of the key arguments for increased aid funding to low-income countries?

Solutions

Expert Solution

Aid funding is the voluntary transfer of resources (such as military, economic, or emergency humanitarian) from one nation to another. The wealthy countries often provide aid funding to low-income countries to enhance their own security. They main purpose of the payment is towards the right to establish or usage of the military bases on the soil of low-income countries. It can also be used to achieve a nation’s diplomatic targets enabling them to gain recognition on the diplomatic terms, to garner support for its positions in the global organizations, or to enhance the access of diplomats’ to foreign officials. Other key arguments of foreign aid includes promoting a nation’s exports; relieve suffering caused by man-made or natural disasters; spreading its culture, language, or religion; and providing a solution to numerous transnational concerns such as terrorism, disease, and environment destruction

Rahul Sunny answered 1 year ago

Next > < Previous

Related Solutions

What are some of the key arguments for increased aid funding to low-income countries?

What are some of the key arguments for increased aid funding to low-income countries? What are some debates on what this aid should look like?

True or False: "Foreign aid from high-income developed countries to low-income less-developed countries has provided the...

True or False: "Foreign aid from high-income developed countries to low-income less-developed countries has provided the latter with the startup capital needed to ignite the growth process. Because of foreign aid, poor countries have been able to save enough to finance major investment projects such as roads and power-generating plants. These projects have provided the foundation for economic growth."

Why are some countries rich with high per capita income and some countries poor with Low...

Why are some countries rich with high per capita income and some countries poor with Low per capita income?

Some low-income countries and middle-income countries around the world have shown a pattern of economic convergence...

Some low-income countries and middle-income countries around the world have shown a pattern of economic convergence with high-income countries. What is this? Illustrate with an example.

What are the growth policies for high-income, middle-income, and low-income countries?

1. What are the growth policies for high-income, middle-income, and low-income countries?2. Why are lower income economies more subject to volatile inflation?

Several arguments suggest that low-income countries might have an advantage achieving greater worker productivity and economic...

Several arguments suggest that low-income countries might have an advantage achieving greater worker productivity and economic growth in the future. Offer two such arguments and discuss their relevance.

What are the main sources of air pollution mainly in low and middle income countries?

1.If low-income countries have GDP growth that is faster than that of middle-income countries, which in...

1.If low-income countries have GDP growth that is faster than that of middle-income countries, which in turn have GDP growth that is faster than that of high-income countries, this is a pattern of ______________. Select the correct answer below: economic expansion economic growth globalization economic convergence 2.We call the economy's movement from peak to trough and trough to peak the ____________. Select the correct answer below: business cycle business flow economic cycle economic circle 3.Comparing unemployment rates in the United...

PLEASE ANSWER QUESTION. 1. What are the implications of globalization for middle and low income countries?----...

PLEASE ANSWER QUESTION. 1. What are the implications of globalization for middle and low income countries?---- 2. Benefits of economic analysis for governments---- 3. Understand the difference between calculating GDP at official exchange rates (OER) and purchasing power parity (PPP).--- 4. Compare country GDP and Per Capita GDP for top 5 countries in each

What are some arguments justifying the continual use of the death penalty, and what are arguments...

What are some arguments justifying the continual use of the death penalty, and what are arguments for abolishing it? (You need to explain the arguments/issues in some detail and specificity

Subjects