Some people think that developing countries need financial help form international organization. Others think that its is practical aid and advice that is needed. Discuss these views and give your own opinion.

While

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certain individuals opine that financial subsidies diverted from international

organizations

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are utterly important for the

countries

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that are currently undergoing development, people with opposing views claim that deriving supervision and sharing of know-how is what is needed by those

countries

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. It is my contention that freshly emerging economies predominantly rely on the financial aid mechanisms that furnish them with concessional loans and donations to uphold their current growth rate,

whereas

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, practice support can

also

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be derived through the acquired financial resources. First and foremost, the financial stability and financial aid ensured by international

organizations

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is

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are

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the backbone of every country's success in becoming a developed country. There are many global

organizations

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that are willing to donate huge quantities of financial resources to economically developing nations. Through the help of these

organizations

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,

countries

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build crucial infrastructure and ramp up the poor economic class by combating poverty. To exemplify

this

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statement, the

World

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Bank grants hundreds of millions of dollars to the currently evolving Middle Eastern

countries

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so as to boost their economies

as well as

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increase the living conditions of their citizens by constructing essential infrastructure like roads, power plants and water dams.

Furthermore

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, another promising aspect of lifting off developing

countries

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by multinational entities is that it guarantees a stable

world

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economy devoid of humanitarian calamities which pose a threat to

world

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peace.

For example

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, the United Nations is the most renowned multinational organization which supports currently evolving developing African

countries

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with much-needed financial resources in order to fight off poverty,

therefore

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, alleviating uncontrolled migration flood from these

countries

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.

On the other hand

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, some people believe that it is only practical assistance and advisory which are required by these

countries

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. Based on their thoughts, unlike financial support, sharing of experience and know-how will

also

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benefit developing nations to avoid imminent economic and societal pitfalls for becoming a thoroughly developed nation. To cite an example, the IMF and

World

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Bank employ many branches across newly emerging economies to promote the sharing of international practices and knowledge with the locals,

thus

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, contributing to their sustainable development. In conclusion, whilst financial contributions from cross-border

organizations

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are crucial for the rapid development of

countries

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, the sharing of knowledge and practical assistance is

also

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highly important.