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Old Tuesday, October 11, 2016
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Quote:
Originally Posted by bhgn998 View Post
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:
To ensure economic stability, national interest needs to be promoted. Independent leadership is required to promote national interest. Foreign aid makes the leadership of a country dependent 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
e) relying on one's potential

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

I got 33 marks in this essay.
What could have gone wrong?
According to me: limited content and non-incorporation of economic concepts.

I got 700 marks in total and failed in this very subject.
Such essay required brief comparisons and contrasts so these type of essays should be avoided.anyone who is mastered in statistics and economics will crack these type of essays
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