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.
Tell us Your Queries, Suggestions and Feedback
7 Responses to Foreign Aid – An Addictive Drug
« Globalization Puzzle Peace and Nonviolence is an outdated concept? »
The article is about the dependency of young people on foreign resources, it wastes our own country’s resources.
All of us either directly or indirectly depend on our neighbours.So is true for States.No nation is complete or self dependent in all respects. So cooperation is the need of the hour.But then there is no denying the fact that foreign aid is not always sought out of requirement.There are so many other reasons-like increasing the quality, cheap prices,creating an impression etc.But then we must keep in mind too much of foreign aid for whatsoever reasons is not good.We should always try towards achieving self dependency.Right combination of foreign and direct investment holds the key of a successful economy.
A country faces its worst situation when it is suffering from economic problem. At that time it needs help from other country. Now whenever any country accepts the proposal to help that country, it always has a contingency plan. If the sufferer country does not look for their activity specially in the business sector, then it may create big problem. And advertisements of these things are making the most effective damage in the society. So, i believe that we all must have to read it.
Of course, dependence on foreign aid, in small doses can stimulate India, but in larger doses it can be really addictive. As India is a developing nation is easily gets persuaded by the lavishing and attractive foreign goods and advertisements. A major population of India think that goods from foreign nations are better at services and quality as compared to that produced by Indian companies. I believe that India is a very rich country as far as resources and technology is concern. The only thing required is proper utilization of these resources and techniques so that India can easily reduce the rate of dependency upon foreign goods and ads.
Like all other things foreign aid also has both advantages and disadvantages and it depends on how much a country needs foreign resources. Actually foreign aid is really beneficial for developing countries like India but only up to a certain limit. A limitless dependency on foreign aid can be very harmful for our country. Other countries will get the opportunity to dominate us and they will also try to influence our country by every means. So excessive foreign aid is an addictive drug. But a combination of internal development and limited foreign aid is needed.
but by this foreign aid they are indirectly ruling our country… the worst part… we have every thing in our hand but not utilizing it.. that’s the reason
nowadays the young people are not ready to work in their own country….they are addicted to foreign aid….