Foreign Aid – An Addictive Drug

Feb 3 • Group Discussion • 5269 Views • 7 Comments on Foreign Aid – An Addictive Drug

In international relations, Foreign aid (also known as international aid, overseas aid, or foreign aid) is – from the perspective of governments – a voluntary transfer of resources from one country to another, given at least partly with the objective of benefiting the recipient country.In other words, When one country is facing a worst scenario in terms of economy, security, wars etc condition then it needs the help from the other countries for the improvement of it’s present condition.

A satisfying mix of foreign aid and nationalistic development is required, which equally contributes to economic growth.
Depending too much on the foreign aid transfers the control of nation in the others country’s hand. Government should make check on the foreign aid level such that it does not harm our national integrity.
Other sources of foreign aid include charitable donations from developed countries like U.K. and U.S.A. But there have been incidents which show that these acts of ‘charity’, came with strings attached. U.K.’s charity aid was aimed at trying to influence India to buy their military fighter jets, but when India opted for the Rafael jets from France which were more technologically advanced, U.K. made a huge hue and cry about it. So excessive dependence on these kinds of aid are dangerous to India.
Excessive dependents on outside market is always harmful as it exposes India to the unstable international market. So dependence on foreign aid in small doses can stimulate India, but larger amounts can make us fatally addictive. Taking too much foreign aid definitely indicates that rule of other countries over our economy. Therefore it is clearly identifiable that we should not encourage foreign aid too much. Nation should devise it’s policies ion such a way that the requirement of foreign aid is negligible.Foreign aid may be taken in the emergency conditions like natural disasters, wars etc. but dependence on foreign aid is harmful for nation.

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