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9 answers

I'm from a poor country, and i can tell you it doesn't help anything!
Usually when other countries give us money, first: there are always strings attached to it, secondly: the money never makes it to its intended goal thanks to all the corrupted and greedy people we have in our government system.

2007-02-16 16:22:17 · answer #1 · answered by Lenusya 1 · 0 0

Much of the financial aid in the past was given as military assistance or to buy support from corrupt governments in the cold war, and not surprisingly had little effect in alleviating poverty. We are now doing the same thing in the war on terror. Since it is very difficult to provide substantial assistance thru organizations other than the government, not doing so is to give up.

2007-02-17 07:51:55 · answer #2 · answered by meg 7 · 0 0

Better to teach someone how to catch a fish instead of giving him a fish.
Poor countries need serious restructuring programs in order to be able to stand on their own feet. If you look at IMF and Worldbank aids, you will see that they are paid according to some conditions. For example a USD2 billion financial aid is paid in 10 intalments. Before each instalment an IMF team examines if the country fulfilled the necessary economic reforms.

2007-02-17 02:49:03 · answer #3 · answered by daniel_cohadier 3 · 0 0

No. A large reason why a lot of these countries are poor is because their governments are corrupt. Giving them money directly will only serve to further line the pockets of the rich and powerful.

2007-02-17 00:19:42 · answer #4 · answered by elk312 5 · 0 0

Giving financial aid to any group of people does not help. The poor countries remain as poor as before. Look at our welfare system it is geared to produce more recipients. All of these people need to help themselves and not expect a hand out.

2007-02-17 00:47:21 · answer #5 · answered by scallywag 3 · 0 0

Poor countries must be:
1. Free from corruptions.
2. Know how to capitalize on its resources.

These will sustain growth, or else giving free money won't last even a year.

2007-02-17 03:24:59 · answer #6 · answered by Anonymous · 0 0

If you get businesses that can operate and governments that aren't corrupt and taking the money for individual leader's personal gain, then we could see an end to poverty.

2007-02-17 00:20:10 · answer #7 · answered by nursesr4evr 7 · 1 0

throwing money at a problem is not a long term solution if you teach people how to make money or manage what they have it will be more useful to them in the long run.

2007-02-17 00:14:17 · answer #8 · answered by wing23ca 3 · 1 0

depends how it is used.... if it is used to help individuals get a needed lift up to become self sustaining then yes.

example... now selfsustaining
http://nobelprize.org/nobel_prizes/peace/laureates/2006/

2007-02-17 02:38:31 · answer #9 · answered by shazam 6 · 0 0

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