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Foreign aid has long become a misnomer. It might properly be called ‘foreign policy with funds’. Foreign aid packages have become tools to help reign in countries who disagree with this or that foreign policy, to allow leaders of those receiving countries to become privately wealthy and thus beholden to the donor country, and to stipulate that up to 40% of the total ‘aid’ must be in the form of contracts to companies from the donor country who are often politically tied to the political administration of the donor country. This book provides the background information on important aspects of foreign aid.
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Foreign aid has long become a misnomer. It might properly be called ‘foreign policy with funds’. Foreign aid packages have become tools to help reign in countries who disagree with this or that foreign policy, to allow leaders of those receiving countries to become privately wealthy and thus beholden to the donor country, and to stipulate that up to 40% of the total ‘aid’ must be in the form of contracts to companies from the donor country who are often politically tied to the political administration of the donor country. This book provides the background information on important aspects of foreign aid.