Today I’m bringing a serious subject that has influenced the world and the development of countries around us into perspective. Foreign aid, and how the government should increase it, but first we have to ask the question, “What is foreign aid?” Simply, it is the economic, or military aid given by one nation to another for purposes of relief and rehabilitation, for economic stabilization, or for mutual defense.
The G20 or group of 20 is the premier forum for its members’ international economic cooperation and decision making. And their existence is more important than ever because the world’s economy is in such a precarious state and so the decisions they make will be vital in the development of poorer countries.
A part of this that people may not recognize is that when the economy is weak, the poorest countries suffer the most. $1 dollar can help a hundred people in a poor country more than it can help someone in a rich or developed country. Although we have stronger affinity towards our citizens and if money was equally effective we would choose our own citizens first, when it’s 100 times more effective in impacting lives, …show more content…
It is made evident that Australia’s contribution to alleviate poverty through overseas aid is successful. The average life expectancy of individuals living in developing countries has increased by approximately twenty years in the last decade, which is substantial in contrast to the figures fifty years ago. Vanuatu has reduced the incidence of malaria by 80% with the support of Australian aid. It is a myth that foreign aid doesn’t work. 79% of Australians, according to the essential report, agree that the Government should reduce spending in foreign aid when 41% don’t know what it is. The ignorance surrounding foreign aid is what potentiates suffering of individuals living in developing