Archive | Foreign Aid

Arguments For and Against Foreign Aid

Let us make an in-depth study of the arguments for and against foreign aid. Case For Foreign Aid: Foreign aid is a hotly debated topic in LDCs. One group of people (both the Left and the Right) argue that LDCs must not seek foreign aid as it is not an essential component of growth. Often, China and Japan are considered [...]

By |2015-09-10T04:37:38+05:30September 8, 2015|Arguments|Comments Off on Arguments For and Against Foreign Aid

Foreign Aid: Meaning and Types

Let us make an in-depth study of the meaning and types of foreign aid. Meaning of Foreign Aid: External assistance is considered to be a major element towards the advancement of the deve­loping countries. It is said that aid, and not trade, is the engine of growth. The term foreign aid or external assistance or development assistance or development aid [...]

By |2015-09-10T04:37:38+05:30September 8, 2015|Foreign Aid|Comments Off on Foreign Aid: Meaning and Types
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