The move aims to fulfil America First agenda and to promote the moral imperative on reviewing and realigning foreign assistance on behalf of taxpayers.
About Foreign Aid
- It refers to the voluntary movement of money or other resources from one nation to another, mostly from developed countries to developing countries.
Various Types of Foreign Aid
- Bilateral Assistance: To ensure welfare of poor countries.
- Multilateral Assistance: Towards multilateral Institutions like United Nations agencies, etc.
- Humanitarian Assistance: For relief from natural and human-induced disasters.
- Economic Assistance: Through loans, grants, Official Development Assistance (ODA), etc.
- Security Assistance: For facilitating military contracts, etc.
Need for Richer Nations to Offer Aid
- Obligations of Humanity and Morality: To relieve human suffering or distress amidst rising inequalities, irrespective of state boundaries.
- Ensuring Corrective Justice: Developed countries have a moral obligation to transfer resources to developing countries to rectify past wrongs.
- Example, the Concept of Common But Differentiated Responsibilities in climate negotiations.
- Ensuring Distributive Justice: Promoting social cooperation at the level of global community.
- Example, Globalisation and economic interdependence requires sharing of benefits.
Key Ethical issues Involved in Foreign Aid
- Motive for Aid: Whether the aid is given for humanitarian, out of a sense of global responsibility or self-interest. E.g., Clinical trials in developing countries.
- Effect of Aid: Whether the aid is intended at reducing poverty or promoting political interest. E.g., China’s Debt Trap Diplomacy.
Ways to Promote Ethicality of Foreign Aid
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