Wealthier
nations
are in great efforts to
support
poorer ones in solving famine by providing them with financial
support
.
However
, it is of the opinion that
this
type of help does not work,
therefore
, more effective alternatives are required. Personally, I am inclined to agree with
this
notion.
On the one hand, it is undeniable that financial aid can provide immediate relief in times of crisis, like natural disasters and health emergencies. It can help save lives and mitigate suffering.
For example
, locking down during the COVID-19 pandemic has exhausted the global economy, especially in underdeveloped and developing countries.
Thus
, money received from rich
nations
can help citizens from poorer ones meet basic needs
such
as clothes, food, medicine and accommodation.
Additionally
, in some cases, monetary assistance can help poorer countries develop basic infrastructure, including building roads, hospitals and schools, contributing to long-term development.
On the other hand
, I believe that poorer
nations
should be provided with other effective types of
support
to address the complex issue of
poverty
.
Firstly
, it is essential to have a quality
education
which is considered a sustainable pathway to economic development. A quality
education
can equip individuals with the necessary skills and knowledge that can improve their lives and contribute to their communities. When children access
education
, they can break down the cycle of
poverty
by securing their job opportunities and making informed decisions about health and well-being. It is expected by the United
Nations
that the GDP of poor regions may increase by 70% if all children can access
education
.
Secondly
, rich
nations
can transfer modern technology to poorer ones as a form of
support
. It is true that the adoption of advanced machines in the farming sector can boost agricultural productivity.
This
in turn can help them not only secure domestic food safety but
also
promote exporting, leading to an increase in
overall
income. To illustrate, a statistical report from the World Bank revealed that thanks to modern technology applied in the agricultural sector, the crop yields of Southern Asia have increased by 6 times during the
last
40 years, contributing to the significant reduction of
poverty
in
this
area.
In conclusion,
although
financial aid can solve the problem of
poverty
to some extent, I firmly assert that providing poorer
nations
with quality
education
and modern technology is a more sustainable solution, helping these countries overcome impoverishment in the long term.