Originally Posted by bhgn998

Does Foreign Aid helps to achieve economic stability?

I) Introduction:
a) Economic stability is of paramount importance in the nation's development
b) Relying on foreign aid for economic stability is an utter folly
c) Foreign aid does not serve the national interest

II) Thesis Statement:
Foreign aid makes the leadership of a country dependent and does not serve the national interest thus hampering the economic stability rather than achieving it.

III) What is an Economically Stable Nation?
a) politically sound
b) socially cohessive
c) educationally supreme

IV) Why foreign aid is incapable of achieving economic stability:
a) serves the self interest of the donor and not the national interest
b) makes the leadership of a country dependent
c) give rise to corruption
d) makes a nation stagnant as a whole

V) Foreign aid does not lead to economic stability - A Glimpse from history:
a) Pakistan has not been able to become economically stable despite heavy foreign aid
b) Japan, after WWII achieved excellence through strong political leadership and education not the foreign aid

VI) How to achieve economic stability then?
a) Independent political leadership
b) eliminating corruption
c) investing in education
d) enhancing foreign direct investment
+ two more points which I cant remember

VII) Conclusion:
a) Economic stability is the bread and butter of any nation
b) Masters of nations are needed and not the slaves of foreigners to achieve economic stability