Monday, November 24, 2014

global aid.

               Reading these articles about global aid made me think of an interesting analogy. Remember as a kid when you didn’t understand something in school, you would naturally get frustrated and left behind the rest of the class. For example, when I was in fourth grade I couldn’t do multiplication. My mom tried to teach me but I still couldn’t get it. Then more of my family members started to try and teach me as well and eventually with all their help, I finally understood and could do it. The point of that story was that from more people trying to help me learn something, it was a more efficient way to learn it faster. This can relate back to global aid because the more wealthy countries that contribute their help to poorer countries, the faster they will be able to get back on their feet.
               In the article, “China’s ODA diplomacy” it stated that China provided $14.4 billion towards mostly Africa and Asia. This is a substantial amount of money that doesn’t necessarily all have to be coming from China. Essentially all the wealthy countries need to work together and contribute at least .07% of their annual GNP to all the poorer countries. This would greatly help all of the poorer countries to progress financially. This plan would only work if everyone chips in. Right now, Canada only donates .34% of its GNP to foreign assistance. Overall, some countries give more than others and then sometimes it puts that country in unnecessary debt that could be avoided.


http://www.povertyeducation.org/the-foreign-aid-debate.html --> source that helped me with numbers 

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