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.

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