Aid can be defined as grants or loans provided to governments or other entities in developing countries by governments or major multilateral institutions from developed countries in order to promote economic growth and human welfare. A lot of literature have springed arguing on the impact of the development aid on developing countries with some criticising it as a poverty entrenching facility whist some have supported development aid as it leads to economic growth and sustainability of many developing countries governments. ... For instance the withdrawal of donor aid in Malawi saw the coun...

• Word Count: 1491
• Approx Pages: 6
• Has Bibliography
• Grade Level: Graduate

Though it has been conceived that natural disasters are naturally occurring, and unpreventable, that notion is based on false premises. ... Policies must be implemented by the government, and be carried out in communities and individuals. "Increasingly, governments and disaster planners are recognizing the importance of social infrastructure: the people, places, and institutions that foster cohesion and support" (Klinenberg 4). ... Resilience is possible, and policies must be implemented based on the precautionary principle. ...

• Word Count: 1292
• Approx Pages: 5
• Grade Level: Graduate

Prior to the industrial revolution in the century of late eighteenth and early nineteenth which set fire to the capital-based form of production, there was the period when production predominantly relied on man's hand and primary working forces were man labour. ... The capacity of production to supply for bigger demands, the exhaustion of low-paid working force due to specialisation do not tolerate the combination of capital (factory-based) notion and old craft skills. ...

• Word Count: 2421
• Approx Pages: 10
• Has Bibliography
• Grade Level: Graduate

Excessive external debt is often responsible for the stagnation of economic growth given that the uncertainty it creates discourages the private sector from investing in the economy for fear about the stability of the government, and it also discourages public investment and reforms given that policy makers are aware that any benefits would be likely to be transferred abroad in the form of debt servicing. ... These countries obtained the majority of their loans from official donors such as multilateral and bilateral donors like the World Bank and IMF and developed country governments who pro...

• Word Count: 2437
• Approx Pages: 10
• Grade Level: Graduate

While multinationals often propagate globalization basing their argument on the claim that it helps developing countries economically, socially, and politically, the reality is that outsourcing of production activity, which is a critical aspect of globalization, is not good for developing economy because it exhausts the environment and labour while all the benefits or profits are enjoyed by the developed countries. ... While developing countries benefit from taxes paid and products produced by the multinationals, the governments in developing nationals should formulate and implement stricter ...

• Word Count: 821
• Approx Pages: 3
• Has Bibliography
• Grade Level: Graduate