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

Developed countries often provide the
third
world countries with some financial support;
nevertheless
, it does not solve poverty effectively.
Instead
, it is argued that the poor countries should be supported by alternative forms of aid. From my perspective, I completely agree with
this
statement.
This
essay will state why the affluent countries should not give economic assistance to poorer nations and some possible types of help can be offered.
First
and foremost, it is believed that the true meaning of help is the results that the recipient can achieve. Indeed, when the poor countries are provided with economic help from the wealthy ones, they will gradually become independent on the finances they are given. Obviously, money is a short-term solution to temporary problems.
In other words
, it cannot tackle the poverty issue in developing countries.
In contrast
, the poor nations are less likely to develop with financial aid.
Thus
, the wealthy countries should offer alternative forms of support. There are some different kinds of aid that the rich nations can offer to address
this
problem. At
first
,
instead
of giving financial help, they can organize a wide range of essential educational courses for young people
such
as computer science, technology, soft skills. All of these courses would help them have a better education which can bring them more opportunities for finding well-paid jobs.
Additionally
, investing in some potential sectors in poorer countries can be a promising support.
For instance
, the
first
world countries like USA, Canada opens their national companies in some poorer countries as India, Pakistan, which can create jobs for local citizens and decrease unemployment rates effectively. In conclusion, in place of giving capital, the rich nations can provide some other helps to the less affluent countries. In the long run, the alternative forms of help can bring more advantages to these nations.

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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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