Introductory Overview on Aid: Difference between revisions
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''Bilateral development assistance:'' | |||
::*This kind of aid is to propel the economic improvements and uphold social stability in poor countries. U.S. Agency for International Development (USAID) manages the bulk of these funds and their used for long-term projects in the areas of economic improvement and private sector development, democracy promotion, environmental protection, and for human health. Bilateral development assistance goes to different institutions, such as the Peace Corps, the Inter-American Development Foundation, the African Development Foundation, the Trade and Development Agency, and the new Millennium Challenge Corporation. | ::*This kind of aid is to propel the economic improvements and uphold social stability in poor countries. U.S. Agency for International Development (USAID) manages the bulk of these funds and their used for long-term projects in the areas of economic improvement and private sector development, democracy promotion, environmental protection, and for human health. Bilateral development assistance goes to different institutions, such as the Peace Corps, the Inter-American Development Foundation, the African Development Foundation, the Trade and Development Agency, and the new Millennium Challenge Corporation. | ||
''Economic aid supporting U.S. political and security objectives:'' | |||
::*This aids main purpose is to help support U.S. economic, political, or security interests. Most of these funds are provided by the Economic Support Fund (ESF), its purpose to advance U.S. strategic goals with economic aid. Ever since 1979, most of ESF goes to support the Middle East Peace Process. Now since 9/11, a lot of ESF funds are focused on countries with Importance relating to war on terrorism. ESF funds can be used to help underdeveloped countries stabilize their economy and foreign debt. | ::*This aids main purpose is to help support U.S. economic, political, or security interests. Most of these funds are provided by the Economic Support Fund (ESF), its purpose to advance U.S. strategic goals with economic aid. Ever since 1979, most of ESF goes to support the Middle East Peace Process. Now since 9/11, a lot of ESF funds are focused on countries with Importance relating to war on terrorism. ESF funds can be used to help underdeveloped countries stabilize their economy and foreign debt. | ||
::*With the fall of the Soviet empire, the United States established two new aid programs for their particular strategic political interests. The SEED (Support for East European Democracy Act of 1989) and the FREEDOM Support Act (Freedom for Russia and Emerging Eurasian Democracies and Open Markets Support Act of 1992) programs were made to help Central Europe and the new independent states of the former Soviet Union (NIS) attain democratic systems and free market economies. Several other global issues that are considered threats to U.S. security and well-being — terrorism, narcotics, crime and weapons proliferation — also receive attention from the foreign assistance program, especially since the war on terrorism began. | ::*With the fall of the Soviet empire, the United States established two new aid programs for their particular strategic political interests. The SEED (Support for East European Democracy Act of 1989) and the FREEDOM Support Act (Freedom for Russia and Emerging Eurasian Democracies and Open Markets Support Act of 1992) programs were made to help Central Europe and the new independent states of the former Soviet Union (NIS) attain democratic systems and free market economies. Several other global issues that are considered threats to U.S. security and well-being — terrorism, narcotics, crime and weapons proliferation — also receive attention from the foreign assistance program, especially since the war on terrorism began. |
Revision as of 11:15, 30 November 2006
Broad View on Foreign Aid: U.S. Programs and Policy
- Forms of aid:
- Aid can be broken down into five distinct categories. The first one is bilateral development aid, followed by economic assistance supporting U.S. political and security goals, humanitarian aid, multilateral economic contributions, and military aid.
Bilateral development assistance:
- This kind of aid is to propel the economic improvements and uphold social stability in poor countries. U.S. Agency for International Development (USAID) manages the bulk of these funds and their used for long-term projects in the areas of economic improvement and private sector development, democracy promotion, environmental protection, and for human health. Bilateral development assistance goes to different institutions, such as the Peace Corps, the Inter-American Development Foundation, the African Development Foundation, the Trade and Development Agency, and the new Millennium Challenge Corporation.
Economic aid supporting U.S. political and security objectives:
- This aids main purpose is to help support U.S. economic, political, or security interests. Most of these funds are provided by the Economic Support Fund (ESF), its purpose to advance U.S. strategic goals with economic aid. Ever since 1979, most of ESF goes to support the Middle East Peace Process. Now since 9/11, a lot of ESF funds are focused on countries with Importance relating to war on terrorism. ESF funds can be used to help underdeveloped countries stabilize their economy and foreign debt.
- With the fall of the Soviet empire, the United States established two new aid programs for their particular strategic political interests. The SEED (Support for East European Democracy Act of 1989) and the FREEDOM Support Act (Freedom for Russia and Emerging Eurasian Democracies and Open Markets Support Act of 1992) programs were made to help Central Europe and the new independent states of the former Soviet Union (NIS) attain democratic systems and free market economies. Several other global issues that are considered threats to U.S. security and well-being — terrorism, narcotics, crime and weapons proliferation — also receive attention from the foreign assistance program, especially since the war on terrorism began.