What is the purpose of foreign aid? (1 Viewer)

[Sathius005]

What is the purpose of foreign aid? Do you agree that foreign aid is being wasted on the corrupt Third World governments around the world?

 

[Graney]

The intended purpose of foreign aid is to help impoverished people in foreign lands.

 

[scuba_steve2121]

What is the purpose of foreign aid?

The intended purpose of foreign aid is to help impoverished people in foreign lands.

This

Do you agree that foreign aid is being wasted on the corrupt Third World governments around the world?

Not all governments are corrupt, thus depends on the country and also whether it goes to NGOs

And really? The Third World, the Cold War called they want their terminology back.

 

[Coetez]

Its mainly to aid foreigners.

 

[SylviaB]

http://www.againstcronycapitalism.org/2012/12/african-economist-for-gods-sake-stop-the-aid/

 

[scuba_steve2121]

Got to love Rand Paul

 

[isildurrrr1]

Even if they do spend the money on "useful things" such as food and what not you're flooding the market with so much free goods it destroys the local economy. Thus begins the addiction to aid, kiva and microloans are a better long term solution imo.