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  1. #1
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    Disadvantages of Foreign Aid by M Ziauddin

    Disadvantages of Foreign Aid by M Ziauddin



    For decades now, Pakistanís economy has been driven by foreign dole. Since it comes carrying global or regional political/economic designs of the donor, most of the dole that we have received has only ended up adding to our socioeconomic woes. And the annual budgets, prepared with the help of such dole, more often than not end up further increasing our dependence on more dole.

    This year as well we see a hefty component of foreign aid has been estimated to fill the gap between domestic income and expenditure to balance the budget for the next fiscal year. It will also add to our foreign debt burden because in reality every dole is a debt.

    But meanwhile let us see how foreign aid is viewed by some highly credible circles in donor countries.

    Pooja Bhatia, Deputy Editor of Ozy, a daily digital magazine, avers in what she calls an immodest proposal (ďForeign Aid: Dump itĒ) that the donors should eliminate foreign aid because itís bad for poor recipient countries. An American of Indian descent, Bhatia says there are three main reasons we should eliminate foreign aid:

    1) Most foreign aid is not intended to reduce poverty. There are a welter of motivations ó many of them frankly militaristic or self-serving ó that underlie foreign ďaidĒ. As a result, the countries that receive the most support are not the poorest, but ones the donors are looking to protect or win over, or have security interests in: places like Israel, Afghanistan, Egypt and Pakistan. Most of the money the US provides there does not go to vaccinate kids or shelter refugees, etc.

    The US food aid, moreover, is often more helpful to American farmers and shippers than to the long-term food security of poor countries. Thatís because American food aid programmes require buying from US farmers and shipping on US ships, and they generally do not allow local purchases or support of local farmers.

    2) Foreign aid makes governments less accountable to their citizens. This is one of the main arguments that Nobel Prize winner Angus Deaton makes in a Foreign Policy piece: Governments that receive most of their revenues from abroad are relieved of the need to raise taxes at home, and so do not need to justify their activities to their own populations. Ö Good government requires a contract between the state and the people, and aid undermines such contracts.

    In poor, aid-reliant countries, government leadersí loyalties are split. Their duty is ostensibly to serve their citizens. But when the US, the World Bank, the IMF and other powerful institutions control the purse strings, leaders are effectively accountable to them, too. Often, their interests conflict or compete with those of the populace. When things go wrong ó projects are delayed or the literacy rate stagnates at 50 per cent for decades ó itís hard for the average citizen to tell who is at fault. Is it her broke government, or the wealthy institutions that technically owe nothing to her country?

    3) Foreign aid is essentially undemocratic. In aid-dependent countries, foreigners often have a weighty say in policy matters mundane and monstrous, but no one elects them. Many development workers donít even speak the local language. Most aid agencies have nothing like a complaint hotline. There is no requirement to hold town hall meetings to hear what people actually want or need. Few feedback loops exist between those who control aid and those who are supposed to benefit from it. And the state, which is supposed to represent its citizensí interests against the foreign aid apparatus, is often either too weak or too bought to do so effectively.

    Naysayers will argue that instead of nixing aid, we should reform it. In principle, Bhatia agrees and would like to save some things, like humanitarian aid, and some organisations that try to make aid more democratic, participatory and justice-oriented. But mostly? Bhatia suspects the systemís too far gone and so riddled with hypocrisy, mixed motivations and entrenched interests that itís beyond reform.

    Recommendations: 1) open our borders; 2) pay out reparations for the human rights abuses that gave donor countries their economic headstart; 3) cut down carbon emissions; 4) eliminate tax havens and loopholes; and 5) ítis the season for it ó give peace a chance.

  2. #2
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    I perceive in chiniot in countryside we had discovered massive reserve of gold and other precious metals..namurad sharif was saying we need not to beg to anyone anymore and we will break our"""" kaskool """ which we used to beg to this and that. What happen then? Where did these reserves went??? But as long as showbaz sharif and namurad sharif and co are sitting like snake on such thing.we will be fooled everyday...
    PER ARDUA AD ASTRA

  3. #3
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    Quote Originally Posted by Zealot View Post
    I perceive in chiniot in countryside we had discovered massive reserve of gold and other precious metals..namurad sharif was saying we need not to beg to anyone anymore and we will break our"""" kaskool """ which we used to beg to this and that. What happen then? Where did these reserves went??? But as long as showbaz sharif and namurad sharif and co are sitting like snake on such thing.we will be fooled everyday...
    Exactly, i have been thinking same... This discovery of gold in Chiniot was celebrated as biggest savior for Pakistan but unfortunately this government has broke down all records of borrowing

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    The other problem of this country is her people...they dont pay taxes...they think that when leaders are themselves not ginving taxes so why should we??? The answer to this ignorance is.


    Yes they are justified to their stance but i perceive every citizen in country must have to fulfill his her duty as a citizen of this country......but the people still say that leaders dont follow rules why should we????...the answer to this nation is crystal clear...

    People!!!! Look every person when dies buried separately as well as answerable separately....


    Tum may say har ik charwahay ki manind hai aur har ik say uskay gallay k baray may poch guch ho ge......


    So Mr Daar if Imf ordered you to declare"""" Crime""" committed by those who didnot or doesnt pay taxes....and you say that humaray mulk kay halaaat aise nai kay tax chori ya tax ada na karnay ko jurm kahen....

    Then as an honest minister back off from your post....if you cant do......then shame on you .....""SIR"
    Last edited by Zealot; 4th June 2016 at 03:28 PM.
    PER ARDUA AD ASTRA

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    This is hard and bitter truth

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    These are the reasons that make this country a beggar...a lot of spending via loans on trite projects..metro train..what is the purpose of this project??? Had these fools spent all the money improving the condition of hospitals i perceive all the people would be praying for them..and now spending on these projects is via loan..dont know how much return would be....but the strategy of these people is simple

    To attract people to vote PMLN
    and to show that we are ones who are bringing tabdelli
    PER ARDUA AD ASTRA

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    Their sympathizers are them can even eat 11billion rupees subsidees allocated to sugar mills to send it Afghanistan to bring more money via trade.but when Ac pakistan custom reveal their burglary.not only this honest son of pakistan was sacked but became a victim of countless baseless cases ....I m talking of Ac custom noor muhammad khan...take look at them
    PER ARDUA AD ASTRA

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    But people buy this PML N s argument and vote for them. People themselves prefer colourful metro, trains and road over hospitals, universities and job opportunities..

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    Now they are looking to boost exports to 35billion dollars via strategic trade policy of 2015 to 2018..as long as snakes like these are bitting this country and her honest subjects we will remain lame.because this will make us resistent to feel pain...
    PER ARDUA AD ASTRA

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    Quote Originally Posted by ASJ View Post
    But people buy this PML N s argument and vote for them. People themselves prefer colourful metro, trains and road over hospitals, universities and job opportunities..
    Because they are ungrateful to Almighty Allah.they dream of best but not thankful about rest..simple....

    Example i can qoute


    Once hazat musa AS went to talk Allah.he met to a person wearing a piece of cloth almost naked ...feeling chilled but sittibg under a shade..he asked to musa..ay musa kia meri ALLAH say pocho k meri halat kab thek ho ge.musa Asked to Allah.when musa returned he answered to that person..He said tum ko jo mila hai us par sukur karo..ye sun kar us saksh say kaha..Allah nay mughay dia kia hai jis par sukur karu.use waqt wo shade us par a gira aur wo us k nechay dab k mar gya
    PER ARDUA AD ASTRA

 

 
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