Developed countries should give other types of help to the poor countries rather than financial aid. To what extend do you agree or disagree?

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In the modern era as an economy is developing it is necessary to require a large amount of cash. It is often argued that nations that already have the strongest health should have different sorts of offers
instead
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of monetary funds. I certainly disagree with
this
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notion because payment is the essential key brought development to y region.
Further
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information about
this
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will be discussed in the essay.
To begin
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with, a well-set nation should give funds to backward ones. There are several reasons for
this
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.
First
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and foremost, if the economy gets the aid in the form of capital it can spend in a sector we were totally required.
This
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leads to a boom
in particular
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aspects of countries.
For example
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, In 2003 USA built a major School in Bhutan.
However
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, Bhutan actually has a lot of requirements in medical as their health sector is very downward. So countries like Bhutan need financial help
instead
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of other aid.
Similarly
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, a country that gets money from another nation can
first
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pay its debt and release the burden of interest. As a consequence, their economy grows in an efficient manner.
For instance
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, in 2016 India got a fever from Japan amount of 1000 crore. India used to pay its debt,
as a result
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, the country grows rapidly and reported an 8 % increase in GDP in the
next
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year. To conclude, after musing both sides of the argument I believe that financial aid is the best way to encourage other nations. Another kind of help is not efficient and there are several reasons to demonstrate that
this
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is not the case
Submitted by nil3112nilesh on

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