Question

Describe one argument for and one argument against foreign aid as an important driver of economic growth.

Answer 1

Foreign Aid means when one country transfer its public resources voluntary for the benefit and help of another country then it is known as foreign aid.we can say foreign aid means providing monetary help to one country by another country .Sometime voluntary transfer is done to NGO.The goal of foreign aid is doing better the human conditions.

Argument for -

Its administered with promotion of economic development & welfare of poor and developing countries.

Argument against -

Aid causes harms to recipient nation.Aid can distort incentive in poor countries .Due to aid inflow of money from foreign country is arises instead of natural resources.