financial aid

Although much progress has been made in the lifting the poor out of poverty, the number of the poor still remains large. There are various ways to help poor countries, such as financial aid, military aid and human expertise. Personally, I believe that financial aid is the most effective way to help them.

Admittedly, financial aid cannot eradicate the poverty alone and needs work with other types of aids together to alleviate the poverty. For example, the untied union sent arm forces to some African countries, helping them end the civil war and stay peaceful. Furthermore, a large variety of experts, such as consultants, engineers and scientists, are sent to these countries, helping them develop the economy and promote people’s living standard.

However, admitting that financial aid is not the only way to solve the poverty does not mean that it cannot be used to help the poor countries. Instead, it plays a central role in lifting the poor out of poverty. First, with the financial aids, the poor countries can build factories and public transportations, therefore, have the ability to create wealth by themselves rather than simply living on the aids. Secondly, the effect of financial aid is weakened as the money is often not used in the right way like corruption. Finally, financial aid is easier to provided than other aids involved in large amounts of transfer of persons and objects.

In conclusion, although financial aid is not perfect, it is more of importance in helping the poor countries, compared with other types of aid. Developed countries should not only give aid, but also make sure it gets used properly.