impoverished nation needs trade not aid.comment.?

Answer 1

Just like the old saying goes:

"Give a man a fish and you'll feed him for a day. Teach him how to fish and you'll feed him for life"

Answer 2

To answer this question, it is necessary to evaluate what will make a nation no longer impoverished. I think that it is a fairly safe assumption to say that nations are rich when their citizens can obtain access to the necessities of life, and then after that some luxuries. This can be done through a couple of ways. But the primary way to help the impoverished nation would be to increase the output of the nation. If a country begins producing more, then they become rich.
Once a country begins producing more of a good than it needs, trade will allow it to obtain other goods that it isn't producing itself, or isn't producing very well. So, trade will obviously help an impoverished nation.
Now, we need to look at aid. If used properly, aid could help a country develop its industries, thus producing more goods, and increasing the wealth of the nation. This being said, most aid does not make it to these ends. Instead, corrupt leaders squander most of it on pet projects of theirs that have no relevance to the country. This is largely to blame on the current method of aid distribution. Instead of rewarding countries that use aid to benefit the country and make it better, they are punished by having their aid reduced. Countries that waste it get more money thrown at their problems, thus increasing the amount that is squandered.

So, the answer to your question is that trade is more important to help impoverished nations. Aid, if used properly, could be used to move the nation towards this end. However, aid is largely wasted, and does not lead to the desired end.

Answer 3

We hear a lot about provide the poor nations with this or that (half the time the provisions do not reflect or serve the need and it is therefor aid down the drain) or "teach them" how to (we assume they lack in knowledge or sense without asking their opinion and I think we might find most of them have the knowledge but lack the tools if only we asked.) Our priorities differ widely and it would be more logical to involve impoverished nations and not dictate upon them (how to use/ what to do with the aid). If you choose to give freely you must give wholeheartedly otherwise there are strings attached and you have weighed and insured yours is the greater gain (that in essence, is not aid). I believe they need fair trade not aid.

Answer 4

You are right. But the trade can also be provided as an aid till you improve. Its all how you look at improving yourself. If an aid can improve i dont think you need to waste your time waiting for trade.

Answer 5

Just give them a spark and see their economy light up!
They know the answers but lake the resouces to get things done.
If you dont believe me, look up works done by the AKDN
available at www.akdn.co.uk