Kelvin Sovi
June 1st, 2009, 05:46 PM
It is argued that the financial aid provided to underdeveloped countries in Africa has not yielded the hypothetically expected results. Some argue that the current mode of financial aid would thus be described as dead aid. Others offer a more radical view, postulating that developed countries should put a time limit to financial aid. This means that there has to be an end insight. The countries that receive aid should know that it will cease at such and such a time. What do you think?
savio13
June 11th, 2009, 10:40 AM
It is argued that the financial aid provided to underdeveloped countries in Africa has not yielded the hypothetically expected results. Some argue that the current mode of financial aid would thus be described as dead aid. Others offer a more radical view, postulating that developed countries should put a time limit to financial aid. This means that there has to be an end insight. The countries that receive aid should know that it will cease at such and such a time. What do you think?
The government of underdeveloped countries should make it a point to find ways and along with potential investors to develop the country...
Getting aid from other countries continously only will make them vulnerable if the dont use it constructively....
They should enable the potential by encouraging entrepreneurship within their own country....
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