Thursday, February 14, 2013

FREE AID IS THE SOLUTION FOR LESS DEVELOPMENT COUNTRIES


Less development country are the country which are poorly in economy compared to the Developing country in the world. From the Book Dead Aid by Dambisa Moyo trie to poetry out that the “aid free solution to development” in third word country or less developing county.

In her book told the rich should help poor and the form of this help could be the aid.

The aid that should be free is the Systematic aid that given in term of loan,because this the kind of aid that provided direct to the Government which take longer lending period to repay than the normal ordinary commercial bank. Other kind of aid that provided to the less developed country were Humanitarian and Charity aid.

The humanitarian and Charity aid is given in term of grands which are free resource where by the particular country has no necessary to repay it back because they given during the time of catastrophic or disaster and help the disable people in the group.

The Systematic aid,is the one that take a long time to be paid,by the time of the payment loan the Government reduce the government fund and wide mobilization of resource because all of the money will be used to payment of the aid. Due to this,the country will be still in poverty because they use all of the money collected in tax to pay for the aid and left with nothing.

In my opinion the Dead free aid will help the third world country to develop themselves because they will use the aid given in economic development so as to rise their economical in all aspect of life because they will not think that they will suppose to repay it back.

Yes,i agree with their fact that the dead aid will help the third world country to develop them self,and all policy and regulation made by donor should be removed.



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