A child with a bloated belly and stick like legs hides under the rubble of his past home, falling asleep to the sound of gunfire. Orphaned children in a war-torn country are becoming increasingly common because of faulty foreign aid. After World War II, Secretary of State, George Marshall, provided the Marshall Plan to Europe to help in “rebuilding its infrastructure, strengthening its economy, and stabilizing the region” (Foreign Assistance). Later, as mass media allowed families in the 1960s to see large numbers of starving children in Africa, “President Kennedy signed the Foreign Assistance Act into law and created the United States Agency for International Development” (Foreign Assistance). In 2010, President Obama issued the Presidential
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Governmental foreign aid is needed, to a certain extent, to provide a baseline of infrastructure, which then allows the smaller donations to become truly effective (Dercon). Without civil peace, reliable healthcare, and other basic legal necessities the population will not be able to maintain success -success in the means of above the poverty line with a stable job and not starving- life where they and their children can thrive and continue to grow. Sending businesses overseas to these nations would allow the creation of jobs but it is nearly impossible to acquire a business license. For instance, “In Cameroon, it takes a potential investor around 426 days to perform 15 procedures to gain a business license” (Moyo). Waiting over a year to obtain a business license is absurd when it takes 40 days in America. Dambisa Moyo from the Wall Street Journal states, “A constant stream of “free” money is a perfect way to keep an inefficient or simply bad government in power” because they do not need to raise taxes and find means to produce finance. The governments will relax and the money will be coming swiftly, others will want access to the funds and corruption will escalate. If money is simply pumped into economies the only thing that will occur is inflation. Countries need to be forced to work for success to allow them to maintain
Governmental foreign aid is needed, to a certain extent, to provide a baseline of infrastructure, which then allows the smaller donations to become truly effective (Dercon). Without civil peace, reliable healthcare, and other basic legal necessities the population will not be able to maintain success -success in the means of above the poverty line with a stable job and not starving- life where they and their children can thrive and continue to grow. Sending businesses overseas to these nations would allow the creation of jobs but it is nearly impossible to acquire a business license. For instance, “In Cameroon, it takes a potential investor around 426 days to perform 15 procedures to gain a business license” (Moyo). Waiting over a year to obtain a business license is absurd when it takes 40 days in America. Dambisa Moyo from the Wall Street Journal states, “A constant stream of “free” money is a perfect way to keep an inefficient or simply bad government in power” because they do not need to raise taxes and find means to produce finance. The governments will relax and the money will be coming swiftly, others will want access to the funds and corruption will escalate. If money is simply pumped into economies the only thing that will occur is inflation. Countries need to be forced to work for success to allow them to maintain