Australian government data shows Salary 14 Advantages and Disadvantages of Foreign Aid Anywhere in the world, there is a gap between the haves and the have-nots, the rich and the poor.
If an individual is in desperate want of water, food, shelter and medical assistance as an outcome of conflict, famine or natural disaster, foreign aid is a good way to enhance their life.
Conclusion Giving financial aid to despondent nations is a humanitarian gesture and promises several benefits. But just like any other controversial topic that is of global proportion, opinions of politicians, sectors and voters will always be conflicting.
Consequently, there is an inherent tendency for its external indebtedness to increase cumulatively and become unsustainable. The movement of goods and people among the ASEAN which Australia is negotiating to possibly join nations would allow Australia to facilitate the development of stronger cultural ties that, in turn, would benefit Australia geopolitically.
They also argue that some countries who give aid use this as a tool to control the recipient country in terms of favors like setting up military bases, which leave the poor country no choice.
They have been trying to impose highly stringent conditions on the aid- receiving countries. It may even go into consumption stream of the aid-receiving country. Medical missions are there to offer free medical and healthcare products and services where they are needed the most. At the r-me time, compared with the position in the aid-giving countries, the technology used in aid-receiving country is old.
There are poor countries with corrupt officials who use the fund for themselves and that little or no aid is given to the poorest members of the communities. In a number of cases, the governments of the aid-receiving countries accept wrong priorities thrust upon them by the aid-givers.
By possessing what China wants and needs, Australia can leverage its exports for geopolitical purposes. Moreover, with eradicating diseases such as polio, there will be more competent citizens and aid their economies as well.
The discussed economic and cultural disadvantages come from the inequitable distribution of aid, rights abuses, and government corruption that results from the over reliance on aid income and the, arguably, unrealistic nature of aid policies.
There is a risk that foreign aid may be taken for those projects for which no imported inputs are needed and which can be implemented with domestically available inputs. Foreign aid refers to offering assistance, financially and other ways, to other countries. In a larger scale, say international, the same holds true — there rich and highly developed nations, and then there are poor and less developed nations.
This frequently leads to a situation where the aided projects include those which cannot be financed and maintained by an aid-receiving country after their completion. Consequently, they are not able to provide adequate employment to the labour in the host country.
See animation Cultural and economic disadvantages Political problems and inequity It has been argued that aid agencies present their goals in unrealistic ways that undermine their implementation and increase the vulnerability of the poor they seek to help.
This can also be given as a form of loan. It is beneficial to involved countries, the donor and recipient. A look at a map of the Asia-Pacific region reveals the complexities and dangers inherent in navigating, both figuratively and literally, the waters of the neighborhood in which Australia sits.
China is a growing military and economic power with an avowed goal of controlling all the South China Sea as well as strategically important island chains near Japan and the Korean Peninsula.
An unrealistic view of aid targets may also result in propping up institutions that are able to be manipulated by unscrupulous local political figures.
Giving financial aid like loans only leave these poor countries deeper in debt and poverty. Weaknesses come from aid-income assisted government corruption and its forced relocations of Indonesians, land grabs as well as arbitrary arrests and sexual and gender-based violence.Cultural and economic advantages and disadvantages, Case study: a regional relationship, Australia in its regional context, Geography, Year 9, NSW Introduction This chapter discusses the cultural and economic advantages and disadvantages for Australia that result from its Indonesian aid links.
Geopolitical disadvantages: Aids funds are able to encourage 'cultural dependence' between developed nations and nations that are developing. Australia is the Papua New Guinea's primary source (and one of the major sources) of income that comes into Papua New Guinea, representing around 80% of Papua New Guineas net annual budget.
Foreign aid is not all about money, but also about structural and attitudinal reforms.
The main objective of foreign assistance is to bring the nation into the world marketplace. The money inserted into the market is intended to ease this type of transition. Advantages to Australian aiding third world countries: Providing aid to third world countries improves the country’s economic, cultural and geopolitical standards.
Sep 10, · Namely, Australia giving aid to Pakistan. Are there any cultural or geopolitical disadvantages? This is for an assignment by the mint-body.com: Resolved. 12 Disadvantages of Foreign Aid are as follows: 1.
A Small Portion of Investment: It is claimed that even under most favourable circumstances, foreign aid can only contribute a small proportion of the investment needs of a developing country. The major growth effort has to be its own. It is, therefore, a risky strategy to [ ].Download