Some people believe that rich countries should provide poorer countries with help that is not financial aid.
To what extent do you agree or disagree?
In an age of economic turmoil, natural catastrophes, and coronavirus, all countries are seen to suffer an enormous economic damage for these difficulties and much worse for developing economies. The global adversity that swept the world this year exposed the vulnerability of weaker economies. Many people agreed that developed countries should assist struggling countries not just monetary support but also knowledge and other humanitarian reasons. I fully agree that wealthy nations must listen to the plights of the world’s neediest communities and extend support beyond financial assistance.
Firstly, major high income industrial countries fairly enjoy a stable economy and helping those in need will put them in history as open-handed country towards poverty-stricken nations. Extending aide program tend to have a greater impact in alleviating poor nations from poverty. This help should not be limited to financial assistance alone. Take Covid-19 for instance, as the coronavirus now spreads to poorer countries, an urgent intervention from wealthy countries is needed to prevent people from dyeing without even seen a doctor. While developing nations struggled from debt, the affluent can easily declare months of total lockdowns. Rich countries should share medical equipment and knowledge to boost developing countries response to coronavirus.
Similarly, wealthy countries are not only awash with money but also in knowledge. The information age has increased the chance of rich countries to reach out to less-income neighbors and trained them to adopt technological change. Technical expertise from advanced economies essentially needed to be shared to these poor nations. For example, agricultural technology, third-world has limited capacity to acquire agricultural machineries for farming. Implementing technological improvements must be a priority to supplement the need of new ideas to uplift rural livelihoods. Improving productivity in the agriculture sector where the vast majority of poor people live can possibly eradicate poverty.
In conclusion, developed countries must help developing economies with financial assistance and knowledge. These countries have the resources to improve the lives of the people from poor nations. The technical know-how from affluent nations should be shared to impoverish nations and not ignore the needs of disadvantaged populations.
- Political unrest
Read more essay
- In today’s competitive world, many families find it necessary for both parents go out to work
- Tourism is an ever growing industry. What benefits do you think tourism brings to individuals and society?
- Over the last few decades, the media has promoted the image of young thin women as being ideal.