Foreign aid should be discontinues as it creates a culture of dependency in recipient country

Foreign aid should be discontinues as it creates a culture of dependency in recipient country

This paper discusses if Foreign aid should be discontinued as it creates a culture of dependency in recipient country. Foreign aid can help countries in many respects. It can be used as a tool for bargaining (Andrew 2004). Thus, a country that has just received foreign aid, or expect to be another batch of foreign aid, will be more inclined to listen to new ideas. Because some countries are so dependent on their regular payments of foreign aid, they want to reassure countries like the U.S., which give. When looked at closely, that foreign aid can be considered as a complex system of legal bribery (Anup 2008). This becomes evident when countries do what they usually do not consider to do in order to continue to receive foreign aid. U.S. supply of foreign financial assistance to various countries, and sometimes the foreign aid in the form of the loan. For example, recently in the U.S. comes Mexico loan in order to save the fall of the peso. This loan has been denigrated by much of the U.S. population, because many people do not understand why the U.S. should take care of the depreciation of the Mexican peso. First of all, deflation peso means the loss of jobs in Mexico, which in turn will pass the flow of illeagal immigrants from Mexico into the Foreign. In addition, Mexico's largest economy, imports of American goods. If the value of the peso were to fall, it will mean less buying power for the Mexican public, and this in itself would prevent American business (Easterly 2006).

Some people will still be on this type of care, and ...