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There Are Two Words That Many Politicians Like To Shy Away , And Those Two WordsBelow is a free term papers summary of the paper "There Are Two Words That Many Politicians Like To Shy Away , And Those Two Words." If you sign up, you can be reading the rest of this term papers in under two minutes. Registered users should login to view this term paper.
There are two words that many politicians like to shy away , and those two words are, "foreign aid." Taking a firm stand on either side of this topic is usually side stepped by decision makers. Their opinions are usually based on a case by case analysis. This extremely controversial topic involves whether or not to support the policy of foreign aid to needy or sometimes not so needy countries. What benefits does foreign aid have for the countries that receive it, and does it have any benefits for the countries who give? Some may say that instead of spending money on foreign aid, money should be spent on domestic aid. Those who argue in favor of foreign aid say that it is an investment in the future of both countries that will eventually pay off. There is also another factor to consider when discussing foreign aid: what kind of foreign aid is being offered. There are three different types of foreign aid: first, there is military foreign aid; second, there is foreign aid for the advancement of business; third, there is emergency foreign aid for food and medicine. Foreign aid to countries can help in many ways. It can be used as a tool in bargaining. For instance a country that has just received foreign aid or is expecting to get their regular installment of foreign aid will be more likely to listen to new ideas. Because some countries are so dependent on their regular installments of foreign aid, they are willing to appease countries such as the U.S who are giving it. When looked at closely, foreign aid may be considered an elaborate system of legal bribery. This becomes evident when countries do what they would normally not consider doing in order to continue receiving foreign aid. The U.S supplies financial foreign aid to many different countries; sometimes this foreign aid is in a form of a loan. For example, recently the U.S. supplied Mexico with a loan in order to save the falling value of the Peso. This loan was denigrated by much of the U.S. population because many people don't understand why the U.S. should care about the falling value of the Mexican Peso. First of all, deflation of the Peso means a loss of jobs in Mexico which would in turn send an influx of illeagal immigrants from Mexico to the United States. In addition, Mexico is a large economy that imports American goods. If the Peso's value were to drop, it would mean less buying power for the Mexican public, and that in itself would hurt American business. Some ... This is not the end of the termpaper! Register below to see the complete version of this term paper.
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