If used correctly, foreign aid can be very beneficial. It is important for aid to go toward sustainable development. It is also important for aid to be transparent. If countries know where other countries are spending their aid, the money will be divided equally among places and programs. If aid is going to the right projects it has the power to do a lot. A good example of this is the Millennium Villages Project. This Project has been very successful with development in villages in Africa.
Foreign aid is intended to result in development.
A disadvantage of foreign aid to a developing country might be the amount of money used for foreign aid when domestic aid is needed. It can be known up front if the aid will benefit the developing country.
A. J. Barry has written: 'Aid co-ordination and aid effectiveness' -- subject(s): Economic assistance, Case studies 'Railway expansion in China and the influence of foreign powers on its development' -- subject(s): Railroads
Foreign aid
Foreign aid is help such as economic or military assistance provided by one country to another.
Russia does not give foreign aid to the usa. In fact Russia killed most or all of it's foreign aid back in the 90's with the collapse of the Soviet Union and has just recently started a foreign aid program again.
Foreign Aid
foreign aid
Economic assistance, international aid, military assistance, overseas aid...
no
Foreign Aid is when, after a disaster etc.., a foreign country gets involved in humanitarian issues to help the foreign country (ex. The United States helping Haiti after the earthquake.)
The 2012 British foreign aid budget was roughly £8.6 billion.