Sample Essay

According to Goldfarb and Tapp (2006, p.2), donor countries often offer aid in order to eradicate poverty in the world. The millennium development goals are a guide to many donor countries and even make it easier for them to prioritize foreign aid in their annual budgets.

The effectiveness of foreign aid in African countries is mainly a measure of how poverty levels are reflected after the use of foreign aid. However, it is difficult to establish clearly that foreign aid is directly responsible for poverty eradication as there are other factors involved. Donor countries enthuse that poor countries are incapable of eradicating poverty since citizens are unable to earn and make investments. As such, foreign aid is meant to be a large sum of capital, which would trigger economic growth.

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