Is foreign aid a blessing or curse? September 19‚ 2011 RISHA OMER Since the time of independence Pakistan has been facing macroeconomic exertions‚ such as vicious circle of poverty‚ less utilization of available natural resources‚ unfavorable political circumstances that influenced domestic economy and so on. To seize the deficiency‚ Pakistan has had to depend greatly on financial assistance made by distant countries. Pakistan has been seeking aid since 1947 from global lenders including
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often dubbed “the curse of natural resources.” However‚ oil and other minerals may not be the biggest curse in developing countries. In many of them‚ the amount of foreign aid is a far larger share of government revenues. In Burkina Faso‚ for example‚ aid accounted for two-thirds of the government budget and 8% of GDP over the period 1985-89. In Mauritania‚ it accounted for 60% and 22%‚ respectively‚ for the period 1980-84. In Rwanda‚ Vanuatu‚ Gambia‚ Niger‚ Tonga and Mali‚ foreign donors provided
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Argumentative Essay Title: A curse or a blessing A curse or a blessing Final Draft Today life is not what it was a few decades ago. Everything is evolving around us‚ including ourselves. We no longer resemble the people of the past; we are people of a different identity. Speaking of identity‚ many things in this century have influenced it; for instance‚ technology which has been evolving and still is to this very second. It may seem ridiculous‚ but
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Was The Industrial Revolution a Blessing Or A Curse? Without doubt‚ the Industrial Revolution was a blessing to all of mankind. What are you using to read this article? You computer? Your mini-tablet? Your smart-phone? Without the Industrial Revolution‚ you would have any of that. The Industrial Revolution made our lives easier than ever before. Instead of having to go to factories everyday‚ machines do the harsh conditioned jobs for you‚ while get better jobs that have better conditions with
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Tourism Resource Development Individual Assignment Tourism – A Curse or a Blessing? Tourism – Blessing or Curse? Introduction Tourism is one of the most influential and powerful industrial service sectors in the global economy. With a current contribution of 6-7% of the overall number of jobs worldwide and an annual receipt of around 1‚030 billion US Dollars in 2012 (UNWTO‚ 2012)‚ tourism proves itself as a strong and solid industry. Furthermore‚ tourism ranks fourth as an export
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We cannot Say for certain whether science is a curse or a blessing. it is our use of science which would make science a curse or a Blessing . First let us see how man has used science for his good so that it has become a blessing for him. it is science that has provided modern man the life of ease‚ leisure and pleasure. It has brought within reach of the common man comforts and luxuries which were available in the past only to a privileged few. Science has invented marvelous machines. It has discovered
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Mobile Phones- A Blessing or a Curse Hello and welcome Ladies and Gentlemen. This afternoon we are going to be discussing whether mobile phones are a blessing or a curse and whether any action should be taken regarding them. I regard them as a great blessing‚ because of the great convenience they bring us. With a mobile phone‚ you can speak to a person almost whenever and wherever you want. You can keep in contact with a person through some simple thumb exercise instead of a complex lettering
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Mobile phones: A blessing or a curse? Discussion Mobile phones are becoming a very arguable topic of today. In this discussion I will present reasons from both sides of the argument. The technology of today is constantly increasing and the world has to be accepting of this. Mobile phones have become a definite essential. Communication between people is easier and fast. Though‚ the disadvantages brought along with the fast grown technology cannot be ignored. These problems not
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The way a new invention is used makes it good or bad. The same is the case with science. It plays a very important and useful role in our life and can be a friend‚ or a foe according to the way it is used. Science tries to explain the principles behind natural phenomena‚ and scientists for long have been harnessing this knowledge for the benefit of the society on the whole. Nagarjuna‚ an ancient‚ leading Indian scientist‚ discovered many methods of curing diseases‚ using plants for medicinal
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Al-Nabhani Mr. L Modern Middle East A-block September‚ 2014 Is Oil a Blessing or a Course? 1908 was a turning point for the Middle East‚ due to the discovery of oil in Persia and in 1938 in Saudi Arabia and other parts of the Arabian Gulf. Due to this blessed discovery of oil‚ the Middle East has been rapidly developing and become more developed over the years. This development could only happen of the oil money is put into good use and not taken by the corrupt and greedy members of the government
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