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Foreign Aid - College Term Papers

Foreign Aid


There are two words that many politicians like to shy away , and those
two words are, "." Taking a firm stand on either side of this topic
is usually side stepped by decision makers. Their opinions are usually based
on a case by case analysis. This extremely controversial topic involves whether
or not to support the policy of foreign aid to needy or sometimes not so needy
countries. What benefits does foreign aid have for the countries that receive
it, and does it have any benefits for the countries who give? Some may say that
instead of spending money on foreign aid, money should be spent on domestic aid.
Those who argue in favor of foreign aid say that it is an investment in ...

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just received foreign aid
or is expecting to get their regular installment of foreign aid will be more
likely to listen to new ideas. Because some countries are so dependent on their
regular installments of foreign aid, they are willing to appease countries such
as the U.S who are giving it. When looked at closely, foreign aid may be
considered an elaborate system of legal bribery. This becomes evident when
countries do what they would normally not consider doing in order to continue
receiving foreign aid. The U.S supplies financial foreign aid to many different
countries; sometimes this foreign aid is in a form of a loan. For example,
recently the U.S. supplied Mexico with a loan in order to save the falling value
of the Peso. This loan was denigrated by much of the U.S. population because
many people don't understand why the U.S. should care about the falling value of
the Mexican Peso. First of all, deflation of the Peso means a loss of jobs in
Mexico which would in turn ...

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feed their people, then that is what the U.S must do. Because
reinstatement of the old regime would result in turmoil throughout the world.
After communism was overthrown in the former Soviet Union the world went through
big changes. There was no longer two world super powers, and all of a sudden a
40 year cold war ended. As stated the U.S. uses foreign aid as a tool to
implement their political views in other countries. In January of 1996 Robert
Dole, the speaker of the House, commented that if Russia didn't pull out of
Chechnya the U.S. would rethink the up coming aid package to Russia. In 1997
the U.S. has over 800 million budgeted for aid to Russia and other former ...

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Foreign Aid. (2005, February 4). Retrieved December 23, 2024, from http://www.essayworld.com/essays/Foreign-Aid/21711
"Foreign Aid." Essayworld.com. Essayworld.com, 4 Feb. 2005. Web. 23 Dec. 2024. <http://www.essayworld.com/essays/Foreign-Aid/21711>
"Foreign Aid." Essayworld.com. February 4, 2005. Accessed December 23, 2024. http://www.essayworld.com/essays/Foreign-Aid/21711.
"Foreign Aid." Essayworld.com. February 4, 2005. Accessed December 23, 2024. http://www.essayworld.com/essays/Foreign-Aid/21711.
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PAPER DETAILS
Added: 2/4/2005 03:10:34 PM
Category: Economics
Type: Premium Paper
Words: 1762
Pages: 7

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