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?

It is quite common nowadays that we see nations coming together and provide monetary help to the poorer regions on a frequent basis.
However
, many people argue that these help spoils the habit of borrowing and does not solve the fundamental issue for developing nations. I strongly believe that developed regions should help by placing strict conditions and criteria to receive help. Well, I am personally not against giving help to a country in need but that should be one-time or project-based help. Rich land should definitely assist during a natural disaster or in a situation like covid by providing oxygen tanks, ventilators, medicines and vaccine supplies. The whole world should be united and support each other in certain situations.
Moreover
, the advanced regions should aid to address food and shortage of drinkable clean water as well as to provide pollution-free air and education to poor kids. The community should impose higher penalties or interest rates if receiving people do not use received funds in a timely and proper manner. There should be a project monitoring committee that should visit and observe the work in progress for which funds had been allocated. It is possible that poorer land would seek easy money and would not progress towards self-dependency if richer societies give them easy money. Poverty can be addressed by sharing technology, research, ideas, resources, knowledge and by helping poorer nations with industrial development which can help to produce more jobs.
Such
help would address poverty and provide long term solutions.
Submitted by ankit1182000 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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