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. To what extent do you agree or disagree?

Poverty
still remains as a
problem
despite the flow of financial aid from wealthy to poor countries which pinpoints the fact that the developed world ought to find another way of support
instead
of economic help. In my opinion, I agree that considering other options can be more viable to resolve
poverty
problem
of
underdeveloped world
Suggestion
the underdeveloped world
. A major reason to think that giving money to poor countries does not tackle the
poverty
problem
Accept comma addition
problem, therefore
therefore
the focus should be on more reasonable solutions is the progress and the current situation of underdeveloped countries. With present method, the continuing economic support programs, delivers only minor and temporary benefits which
shows
Suggestion
show
the insufficiency of
current approach
Suggestion
current approaches
the current approach
in order to resolve
poverty
problem
of deprived countries due to misallocation of resources, predominantly into basic needs, rather than investing
into
Suggestion
in
education and vital sectors with a wise plan for
further
development.
This
returns with lack of improvement, impedes their advancement progress and
finally
Suggestion
final
results as a waste of crucial financial funds. Another point to consider to change the approach by means of help is the widespread corruption rate amidst those communities even at the governance level. The money received may not reach
to
Suggestion
with
by
public and benefits only of those who are in
close network
Suggestion
a close network
of government while leading to a more significant gap with rich and poor
instead
of dwindling effect in unemployment rates.
For instance
, an IMF published report, revealed that one African nation which receives continuous funding from
United Nations
Suggestion
the United Nations
for more than 20 years was using
major portion
Suggestion
a major portion
of the money in between the close relatives of deputies. In conclusion, the above reasons covered points out vital evidence on negative aspects of sole financial aid and robustly supports the idea of “why wealthy countries ought to change their approach and implement other practices by means of help rather than financial funding in order to resolve the
poverty
problem
in poor countries”.

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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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