In the modern world, there are still numerous underdeveloped countries in need of economic, social and technological progress/advancement. At the same time, international communities have decided to give financial or practical assistance to them that helps improve the country’s lifestyle. However, I believe that the assistance should be more focused in the form of practical support that is directly helpful.
To begin with, it is true that foreign monetary assistance is of great help to a poor country. Every year, tons of
children in the nation are suffering from hunger, and are not given any proper education with lack of its facilities.
If the government is financially backed/supported by international communities, they are able to take immediate
actions in such urgent problems for their citizens to ensure a better life. In other words, the nation can develop
their basic infrastructures, health care and education sectors using the internationally supported budget/fund.
Therefore, financial aid is highly helpful as it can satisfy the nation’s desire firsthand/as priority.
Nevertheless, my belief is that practical aid is much more effective to those underdeveloped countries. Undeniably, some of the countries are prone to take advantage of the internationally funded budget, abusing the money.
They do not spend it wisely for their citizens. For instance, the? North Korean government has been supported
with South Korea’s finances for three decades due to their lower economic condition. Nevertheless, it turned out
that the given fund has been invested in devising quality weapons and nuclear technology to reinforce the North
Korea military service as a means of threat and extortion to other countries being pushed to support financially.
Therefore, practical form of assistance is more useful to prevent such pitiable situations. Moreover, most poor
countries have lower levels of medical technology which are barely resistant to just mild illnesses. In this case,
even if a great deal of funds are provided to them, it would take a number of years to devise new medical
treatments. Thus, by being provided medical techniques or its supplies from developing countries is the best
choice for the needy.
In conclusion, although monetary assistance is important, I strongly believe that practical help is much more
beneficial for needy nations in order to achieve a rapid boost of economic development.
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