Developing countries require international organization’s help. Some people prefer financial aid while others think practical aid and advice are better. Discuss both view and give your own opinion.

It is generally acknowledged that underdeveloped countries are dependent on international organizations'

aid

. People are in the argument whether financial

aid

will be more beneficial than that other practical help or advice. In

this

essay, we will discuss both sides of the coin and will give a logical opinion after carefully weighing both arguments. On the

first

side of the argument, it is true that developing

nations

require monetary assistance from other

nations

in order for them to improve their country's urgent needs. Most developmental project plans cannot materialize unless

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sufficient fund is available. For

this

reason, poorer

nations

will have to ask for financial

aid

from richer

nations

for them to progress and improve their current situation. It is undoubtedly beneficial for

this

situation.

However

, in some instances, other developed

nations

take advantage of

this

.

For example

, they will put more interest rates on the money lent and in the long

run

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it will be disadvantageous to the poorer

nations

and add economic burden on them.

On the other hand

, it is undeniable that giving practical help and or advice to

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underdeveloped

nations

will help them grow in some ways.

For instance

, providing them with some supplies or enhancing and making use of the resources they have. Doing

this

will reduce their international credit and

thus

ease their financial strain.

However

, it will not give them the immediate desired outcome. In conclusion, I would say that both financial and practical help have their advantages and disadvantages.

Therefore

, it is hard to nail down whether one is better than the other. It is important to note that it is undoubtedly true that financial

aid

is helpful for the immediate reconstruction of one's country while it is

also

true that if it is overly done , it could hurt the country's economy even more in the future.

On the other hand

, practical ways like enhancing the resources will be beneficial but will not provide

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effect