What Foreign Aid Is Essay - 1730 Words

What Foreign Aid Is There are two words that many politicians like to shy away from, and those two words are, foreign aid. Taking a firm stand on either side of this topic is usually side stepped by decision makers. Their opinions are usually based on a case by case analysis. This extremely controversial topic involves whether or not to support the policy of foreign aid to needy or sometimes not so needy countries. What benefits does foreign aid have for the countries that receive it, and does it have any benefits for the countries who give? Some may say that instead of spending money on foreign aid, money should be spent on domestic aid. Those who argue in favor of foreign aid say that it is an investment in the future of†¦show more content†¦Some people would still be against this type of aid, and their argument would be that if money that goes to Mexico was invested in helping small business get started, America would be less dependent on other countries for their goods or services. In this case the nay-sayers were proven wrong because Mexico recently repaid the United States in full, plus interest, and a year in advance. Another form of foreign aid is a certain amount of credit is given to the receiving country in order to buy American made goods only. This form of aid not only helps the country in need, but it also pumps money into the US economy. Still some may wonder why should we care about a country such as Russia, to whom the U.S. has recently given aid to recently. The U.S. cant afford to have an ex-superpower unstable economically because of their nuclear capabilities. Because Russia is in the unstable beginnings of a democracy the U.S. wants to keep Russia on the right track. If that includes giving them aid in order to help feed their people, then that is what the U.S must do. Because reinstatement of the old regime would result in turmoil throughout the world. After communism was overthrown in the former Soviet Union the world went through big changes. There was no longer two world super powers, and all of a sudden a 40 year cold war ended. As stated the U.S. uses foreign aid as a tool to implement their political views in other countries.Show MoreRelatedWhat Role Does Foreign Aid Play? Developing Countries?1466 Words   |  6 PagesWhat Role Does Foreign Aid Play in Developing Countries? Many countries around the world receive foreign aid from the United States and other developed countries every year in large sums. This money is dispersed throughout the receiving country, it is the hope of the United States that this will help to create development economically and politically as well as promote the belief of democracy in these countries. The aid is intended to enhance infrastructure within the country so local institutionsRead MoreWhat Role Does Foreign Aid Play? 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