Rich countries often give money to poorer countries, but it does not solve poverty. Therefore, developed contries should give other types of help to the poor countries rather than financial aid. To what extent do you agree or disagree?

There is a general consensus that financial aid cannot solve some chronic vexing
issues
in undeveloped
nations
, so providing methods and knowledge for poverty
nations
is a remaining potential solution for
this
conundrum. I firmly agree with
this
statement.
To begin
with, there are many benefits from monetary assistance.
In particular
, the major beneficial return of
this
is these poor
nations
could have more time to temporarily solve their urgent
issues
,
such
as ensuring food availability in poor crop security or using
this
money
to renovate infrastructure after a natural disaster.
However
,
this
cannot solve the implicit reasons behind these
problems
because
money
cannot improve the obsolete farming techniques and climate change, which menace the food security in
this
nation.
For example
, people need to advance construction methods to build river banks to stifle extreme natural calamities rather than
money
to repair aftermaths,
such
as river floods
due to
sudden massive rainfall.
Besides
, there are many
problems
that cannot be solved by
money
such
as corruption or political conflict.
Nevertheless
, It is advantageous to provide technology and education to poverty rather than
money
.
Firstly
, In some poor countries, conditions have created a humanitarian crisis,
such
as poverty, famine or malnutrition.
For instance
, Medical aid could be given in the form of teacher training and educational facilities rather than just financial aid because the development of hospitals and medical training, which is based on advanced technology from developed
nations
, could ensure good health care.
Secondly
, the authorities in developed
nations
could suggest some judicial advice to help the undeveloped nation complete their legal system, particularly on tariffs, which could eradicate evading taxation
issues
and regain more
money
for urgent
problems
.
Lastly
, but more important than anything, supporting the economic growth of a poorer country can open up new markets for richer countries, so the capitalists from developed
nations
could gain stable cash flow from their investment projects.
To conclude
,
money
only solves some urgent
issues
. I agree that technological support and judicial advice could address some chronic
problems
in the third world.
Submitted by lenam2k1 on

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