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
give monetary donations to the less financially endowed ones, but Accept comma addition
richer, usually
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
country can encourage skills Suggestion
the richest
acquisition
in a bid to end poverty
.
To begin
with, the financial aid given by richer countries do not benefit
the populace who needs them more. Suggestion
does not benefit
This
is because, such
funds are mismanaged by the leaders in these countries. According to an investigative survey carried out in two west
African countries, it was noted that only about ten percent of Suggestion
West
such
funds are actually utilized. A huge chunk of it, actually ended in private accounts
of politicians. Suggestion
the private accounts
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
better countries can build centres where skills Suggestion
economy
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
out.
In conclusion, mismanagement of monetary aid makes it unable to stop Suggestion
a good way
the best way
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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