Tiltle: DOES FOREIGN AID HELP TO ACHIEVE ECONOMIC STABILITY?

PREAMBLE:

Foreign aid cannot play any meaningful role to achieve economic stability due to inherent shortcomings of the concept.

[A] The Misperception: Foreign aid can do wonders.

[B] The Reality: Foreign aid is insignificant to achieve economic growth and stability.

[C] Flaws Found In The Concept Of Foreign Aid:

1- Unreliable supply
2- Too little to be meaningful
3- Channels of supply such as NGOs are not transparent
4- Cannot reach the poor due to control of elites
5- Give rise to patronage system
6- Mostly military aid which has no bearing on economic stability
7- Civilian aid also comes with restriction on spending
8- Deteriorates National morale
9- Hamper National image in the community of nations
10- Adversely affect Foreign Direct Investment
11- Easy come, easy go!

[D] Alternate ways to achieve economic stability:

(i) Solid Internal Economic Reforms and Foundation
(ii) Emphasis on Foreign Direct Investment

Encapsulation:


wrote outline on page 1-2, essay on 3-13,
approximate word count: 1700-1800

• does foreign aid help to achieve economic stability?
• does foreign aid help to bring economic stability in social sphere?
• status of imports and exports? (present past and future)
  1 along with status of FDI?
  2 and status of local entrepreneurs and enterprises
  3 with current status of employment (past vs present for future)?
• economic stability through aid at political level?
  1 status of policy making to control debt?
  2 status of policy making in getting loan?
  3 status of policy making in return?
• thus analysis of stats with comparision does aid bring economic stability?
• end

Does foreign aid help achieve economic stability?

Key Words: Foreign aid and economic stability

No, it does not lead to economic stability.

OUTLINE

1. Introduction

Thesis statement: Foreign aid is incapable of achieving economic stability.

2. Defining the variables
2.1 Foreign aid
a) Grants
b) Loans
2.2 Economic stability
a) Healthy GDP growth rate
b) Single-digit Inflation Rate
c) Low Unemployment
d) Low levels of Poverty

3. Why foreign aid does not lead to economic stability:
3.1 Foreign aid provides only a temporary relief in altering balance of payment problems, which is not an indicator of long-term economic stability
3.2 Developing countries are unable to pursue independent fiscal policies
3.3 Foreign aid creates the vicious trap of debt-servicing
3.4 IMF Structural Adjustment Programmes
3.5 Institutional reforms, which lead to industrialization and job creation, are not initiated because of foreign aid
3.6 Kills the spirit of self-reliance and continuation of crooked regimes in developing countries
3.7 Sometimes, the aid comes with explicit conditions disallowing use for economic improvement e.g. Military Aid through Coalition Support Fund
3.8 Foreign Aid prevents Foreign Direct Investment, a major determinant of economic stability

4. Examples of countries which crushed the begging bowl and achieved economic stability:
4.1 Turkey
4.2 Brazil
4.3 India

5. Way Forward: How economic stability can be achieved:
5.1 Instituting tax reforms
5.2 Trade, not aid
5.3 Dedicated political leadership
5.4 Role of media and other stakeholders

6. Conclusion
Foreign aid is unable to achieve economic stability.

safeer! you have done the job. good , its very good.

i am certain of your essay now. take a look upon mine and tell me your views; i was happy about my essay but now i think outline is not good.

Examiner hadnot ask you make an outline in favour or disfavour of subject.you must do so in main body of essay by facts qoutes arguements and counter arguements..thats my opinion.lets see what fpsc has for you in attempting this type of essay.looking forward to both of you

My friend he certainly wanted us to take a side.

Check what is the criteria of marking, it's
1- relevant
2-clarity
3- organization

You cannot achieve clarity by not taking sides. I've already debated much on this topic in other threads.

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__________________
One must be a wise reader to quote wisely and well; said Bronson Alcott

I know brother.i m saying it is different essay .i also said i m looking forward to those who attempted this essay.in thisway i will get appurtenances it would be futile to debate on it as ALLAH or fpsc knows the rest

Then I would suggest you to go through the outlines by successful candidates on
Can meaning be fixed?

These both essays are same.

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__________________
One must be a wise reader to quote wisely and well; said Bronson Alcott

Provide a link please bro it would be really helpful to me

Does foreign aid help in achieving economic stability

1: Introduction

2:Correlation between foreign aid and economic stability -Research findings

3:Motives behind obtaining foreign aid:

( Mentioned 9 indicators, unable to recall them right now, were related to poverty unemployment debt , currency, exports )
3.1 ......................
3.2........................
3.3........................
3.4........................
3.5.......................
3.6......................
3.7......................
3.8.....................
3.9........................

4: Has Pakistan achieved economic stability via foreign aid ? NO

4.1: Current scenario of Pakistan

4.2:Comparison with, China, India, Bangladesh and South Korea
(Compared economic conditions of five countries including; China, India, South Korea, Bangladesh and Pakistan; gave facts and figure related to debt to gdp ratio, poverty, inflation, energy crisis, 5: 5:etcc)

5:Way Forward

5.1: Ensuring autonomy of SBP
5.2: Increasing tax base
5.3...........................
5.4...........................
5.5...........................

6: Conclusion