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

Developed

countries

have been providing financial

aid

to

third

world

countries

for decades, but

this

has not changed the economic plight of poorer

countries

. I totally agree that the

aid

should be replaced b y other more effective forms of support, because of problems of corruption and poor economic management in these

countries

. The primary reason why financial

aid

is ineffective in easing poverty in recipient

countries

is

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that

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because

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ofbecause

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the level of corruption in poorer

countries

. The majority of the fund is misappropriated by officials before it trickles down to the people. As the leaders in these areas are not democratically elected and have a strong grip

in

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on

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power, there is little leverage from the people to bring about change. To illustrate

this

, we can take a look at African

countries

, which have constantly received financial support from Western

countries

,

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but remains undeveloped and financially inadequate. Another reason why funding is not effective is that the recipient government does not have sound economic policies and good governance in place.

This

means that these governments are not capable of managing the funds properly and the

aid

will be lost or misused.

Therefore

, ensuring governments are able to manage funds before the money is provided is crucial for positive outcomes from

this

financial

aid

. In conclusion, I reiterate my strong view that other types of support other than money are necessary because financial

aid

is often misused by recipient

countries

due to corruption and financial mismanagement.

Thus

, I recommend long term strategies to be put in place to ensure financial

aid

can be phased out.