It is widely argued that developing impoverished nations should deal with their internal issues on their own. However, I strongly believe that affluent countries should support them in these vital sectors that poorer governments lack the resources to foster progress independently.
Firstly, financial support from high-income countries is crucial for the development of healthcare and schooling in underdeveloped countries. When developed countries invest in these fields and provide strategic guidance on financial management, poorer nations can achieve sustainable growth and reduce global economic disparities. For example, after Congo DR attracted funding from European nations and heavily invested in healthcare, the country successfully reduced deaths by almost 18% in less than a year. Thus, investing and guiding are indispensable for underdeveloped countries to achieve stability.
Secondly, taking full responsibility is crucial for solving their own national problems. This is because without a strong will and anti-corruption measures, money that is invested can be wasted or mismanaged. For instance, despite receiving millions of dollars from UWC, Venezuela made progress in neither the management of natural resources nor anti-corruption war. As a result, the president and decision makers from the country were jailed by the US government. Therefore, foreign aid alone cannot bring results unless the government takes responsibility.
To conclude, taking responsibility and trying with full potential is important to reach stability; however, foreign financial aid and guidance on financial management are indispensable on the way to achieving sustainable progress. Without funding and aid from affluent nations, underdeveloped countries cannot develop as they lack experience.
