The most significant problems with the way foreign aid is presently
dispensed by international lending institutions is that it does not
truly focus on how to really stop corruption and wasteful spending. It
also hurt the countries that are in need because of their trade
policies. What some countries require as it relates to importing and
exporting goods usually ends up hurting the country receiving the aid
because they can’t produce a product and sell it to make money because
of the agreement they have made with the country that they are receiving
foreign aid from. The current system is flawed and broken because there
are not any checks and balances in place to make sure the people who
are in need of help is getting the help they need.
Here are some ideas that could help countries that are really in need of foreign aid:
1. All countries that receive foreign aid must be willing to be watched closely to make sure those who need the aid is getting the help they need. Similar to the processes we have here in the United States. We have a Human Services department that insures that those who need help can get it. It is not perfect but it can help insure that the people needs are being meet.
2. Countries who have promised to give aid to help must follow through with their commitment unless the country that is receiving the help is not following the guidelines that are required to receive help. Countries fail to help, the problem remain the same.
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