Rich countries often give money to poorer countries, but this does not solve poverty. Therefore developed countries should give other types of help to the poor countries rather than financial aid

Countries that are
richer usually
Accept comma addition
richer, usually
give monetary donations to the less financially endowed ones, but
this
doesn't end
poverty
. The question of whether or not it is better to give other forms of assistance will be addressed in
this
essay. In my own view, I agree that poorer countries will benefit more when
the richer
Suggestion
the richest
country can encourage skills
acquisition
in a bid to end
poverty
.
To begin
with, the financial aid given by richer countries
do not benefit
Suggestion
does not benefit
the populace who needs them more.
This
is because,
such
funds are mismanaged by the leaders in these countries. According to an investigative survey carried out in two
west
Suggestion
West
African countries, it was noted that only about ten percent of
such
funds are actually utilized. A huge chunk of it, actually ended in
private accounts
Suggestion
the private accounts
of politicians.
Therefore
, it is entirely gainless for the bigger countries to continue to donate when their objective of ending
poverty
is not met.
However
, supporting skills
acquisition
among the citizens is a better alternative to financial aid.
Instead
of dishing out huge amounts of money, the
economically
Suggestion
economy
better countries can build centres where skills
such
as information and communications technology can be acquired. Citizens can learn invaluable skills
such
as web development and design which are priceless in
this
present age. A recent article in the New York Times noted that many more leading economies are beginning to realize the essence of empowering the skill
acquisition
capabilities of developing countries as a better way to end
poverty
. I equally agree that
this
is
good way
Suggestion
a good way
the best way
out. In conclusion, mismanagement of monetary aid makes it unable to stop
poverty
. A better option is to empower the people
instead
. I
therefore
recommend that all financially robust countries embrace
skill
Suggestion
the skill acquisition
acquisition
as a way out of
poverty
.
Submitted by fbjatom50 on

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Topic Vocabulary:
  • poverty alleviation
  • economic inequality
  • developing nations
  • foreign aid
  • sustainable growth
  • technical assistance
  • expertise
  • infrastructure
  • education
  • fair trade
  • trade barriers
  • sustainable development
  • environmental conservation
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