Foreign aid is important because countries with resources have an obligation to help countries in need. This includes food, medicine, and military aid.
Foreign aid is supposed to provide food, shelter, and medical help to the poorest people in other countries.
It left many African countries dependent on foreign aid for survival. [APEX]
It left many African countries dependent on foreign aid for survival. [APEX]
A disadvantage of foreign aid to a developing country might be the amount of money used for foreign aid when domestic aid is needed. It can be known up front if the aid will benefit the developing country.
Every country in the world is dependent on other countries for its trade, imports and exports. Africa however has taken its dependency several steps further. Since 1950, it has been the biggest receiver of development aid in the world, to the tune of over one trillion dollars. To this day, African countries receive a yearly amount of foreign aid of about 50 billion dollars.The average percentage of 'official' foreign aid in African countries' national budgets is still 20%. In several African countries this percentage may be as high as 50%. Unofficial foreign aid may bring this percentage even higher: it is no secret that China among others is investing huge amounts in the economies of African countries like Zimbabwe and Zambia. The ultimate goal of these investments in many cases - next to political influence - is the facilitation of exports of raw materials and natural resources from these countries to China.
Central African Republic is a landlocked country in the central Africa. The country had witnessed a lot of political turmoil in past few decades. There are no known pacts between CAR and other countries for foreign aid assistance to improve water conditions.
The US offers foreign aid mostly to support struggling democracies and countries that are critical to foreign policy objectives is true.
Foreign Aid is when a Country (or Countries) help another country in need. For example, many countries like the USA and Europe are sending aid (help, food, protection, clothes) to the counties in Africa which are suffering from the droughts.
to fund their production of muskrats
Canada gives more per capita in foreign aid than almost any other country.
by providing them with foreign aid.
how is it the interest of th united states to offer ecenomic and social aid to foregin countries
Foreign aid is provided to countries that have a specific need of additional help, generally found in the third world. The rich countries of the world provide assistance to those countries who have a poor economy and are unable to help themselves. The aid can be used to help build schools, hospitals and support new industries to create jobs.