Rich countries often give money to poorer countries, but it does not solve poverty. Therefore, developed countries should give other types of help to poor countries rather than financial aid.

At the present time, it is argued that financial
aid
from affluent
nations
to impoverished
ones
is unnecessary for not being able to address the
problems
of poverty altogether and there is a great need for other types of
aid
. Despite my agreement to a certain extent regarding monetary help with building significant infrastructures and dealing with short-term
problems
, I strongly believe that other types of help in terms of education and technology transfer are crucial. On the one hand, the financial assistance of wealthy
countries
is essential to support the underdeveloped
ones
for certain reasons. First and foremost,
this
financial
aid
can alleviate the burden of the construction of vital infrastructures.
For instance
, hospitals, schools, roads and other public services providing a better life for the residents cost
such
a great amount of money that it is impossible for low-income
countries
to cover.
Consequently
, by allocating their budget to
countries
that are in need, prosperous
countries
might help solve
this
problem.
Second,
the monetary
aid
provided by affluent
nations
could help ease the short-term
problems
existing in impoverished
ones
.
This
means that it can tackle emergency situations
such
as natural disasters or epidemics quickly and effectively.
On the other hand
,
for
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apply
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money not being able to resolve issues in the long run, it is my firm belief that other alternative forms of
aid
are imperative.
To begin
with, it is the help with educational advancement that plays a crucial role in the sustainable development of low-income
countries
.
This
is mainly because the possibility of a nation developing and becoming wealthy could depend largely on the intellectual ability of its citizens.
Additionally
, equipping individuals with knowledge of technology is
also
believed to benefit underdeveloped
nations
and help reduce their poverty.
For example
, Japan has transferred advanced tools and systems to Vietnam in order to stimulate rapid economic development. In conclusion, despite the necessity of financial
aid
from wealthy
nations
for the construction of vital infrastructures and the solution of temporary
problems
in impoverished
ones
, I am firmly convinced that other types of help with education and technology transfer should be considered to be provided.
Submitted by huynhtrucminhthu39 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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