However, aid is not necessarily the best way to help a country. For one thing, billions of dollars of aid often goes missing, into corrupt governments or inefficient administrations. A second point is that many foreign aid projects are unsuitable for the target countries. Many agencies build huge dams or industrial projects that fail after a few years or that do not involve the local people. Furthermore, much aid returns to the donor. This can be in the form of expensive specialized equipment and experts from the donor country.
There are many other ways we can help poor countries. Opening up trade barriers, so that poor countries can sell their goods is one way. Another is to remove subsidies so that imported goods from poorer countries can compete fairly. A third method is to forgive debts. Many poor countries have huge interest repayments on old loans.
The needs of the poorer countries may seem obvious. However, although our humanity makes us want to help eliminate poverty and suffering, we must examine the real needs of poor countries and implement solutions that will benefit both them and us.
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