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Foreign Assistance

 

            The United States Agency for International Development.
            
            
            
             The United States Agency for International Development (USAID) is an independent federal government agency which dates back to 1961. USAID works along with U.S. foreign policy by supporting economic growth (agriculture and trade), global health, and democracy, conflict prevention, and humanitarian assistance (www.usaid.gov). The goal of the USAID is to create political stability by providing humanitarian aid and improving economic activities in developing nations (Murray 2002). In this paper I will provide a history of the USAID, the objectives it strives for, and some of the many accomplishments the USAID has achieved through its foreign assistance programs. Foreign assistance aid and programs are an important part of the U.S. foreign policy and they lead to a shift towards globalization in the world marketplace. USAID provides support and carries out many of the foreign assistance programs that are leading towards an increase in the global world economy.
             History.
             All of the information in the history of the USAID was found at the official website of USAID, http://www.usaid.gov, unless cited otherwise. USAID can trace its beginning back to the Marshall Plan in 1947 (Murray, 2002). The Marshall Plan was put into place by the United States after World War II. It was to provide aid to help with the reconstruction of a war-torn Europe. The Marshall Plan was a short term foreign .
             Foreign Assistance 3.
             assistance program. The U.S. did not have a foreign assistance program dedicated to a long-term goal at this time.
             In 1961, President John F. Kennedy brought the Foreign Assistance Act before Congress. This new act would reorganize the United States foreign aid programs, military and non-military. The act was passed by Congress, but it needed an agency to administer these new economic assistance programs. On November 3, 1961, Kennedy established the United States Agency for International Development (USAID).


Essays Related to Foreign Assistance

1. Economic Assistance and Foreign Aid

Foreign aid is an extension of economic assistance from one nation to another. ... There are many reasons why a country would need to receive foreign assistance, such as environmental problems, medical assistance, and the main one being poverty. ... Foreign aid is given to poverty-stricken countries, who have a limited supply of financial resource and need the assistance from another country. ... There are many reasons to why they need foreign assistance, but the main ones are environmental problems, medical assistance and poverty. ... This change in language and coverage has added to the conf...

  • Word Count: 1849
  • Approx Pages: 7
  • Has Bibliography
  • Grade Level: Undergraduate

2. The Benefits of Official Development Assistance (ODA)

Question Discuss the potential benefits and costs of official development assistance as a contributor to socio-economic development. ... This kind of foreign assistance was then widely used as an indicator of international aid flow, or Official Development Assistance (ODA). ... In other words, ODA is a two-sided problem, in which assistance always come with the cost to bear. ... Furthermore, foreign aid, especially in the form of grants, can trigger moral hazard problems even in the governmental system of the recipients (Bauer 1966). ... Receiving the assistance from the p...

  • Word Count: 2127
  • Approx Pages: 9
  • Has Bibliography
  • Grade Level: Undergraduate

3. International Aid for Foreign Need

International aid is assistance provided to foreign nations in need. ... Canada should provide foreign aid. ... Canada's international assistance is focused on three priority themes in order to support developing countries. ... Canadian foreign aid helps provide these necessities of life. ... Canada should provide foreign aid to developing countries. ...

  • Word Count: 1216
  • Approx Pages: 5
  • Grade Level: Undergraduate

4. The Clinton's Foreign Policy vs. The Bush's Foreign Policy

But in the end, the Bush's foreign policy ends up being continuity rather than a change in the United States foreign policy. ... The Bush's foreign policy, like the Clinton's foreign policy, equates political liberty to economical gains. ... In comparison to the Bush's foreign policy, the Clinton's foreign policy puts a greater emphasis on the use of force and military intervention. ... To the Clinton administration, the United States, as the most powerful country in the world, has an obligation to provide political and economical assistance to those who need it. ....

  • Word Count: 1475
  • Approx Pages: 6
  • Grade Level: Undergraduate

5. Currency and Foreign Exchange

Foreign Currency Exchanges are different as compared to all other sectors of the world financial system. ... Foreign currency exchanges have experienced a phenomenal growth in volume ever since currencies were allowed to float freely against each other (Foreign Currency Exchange, 2013). ... Forward Contract Forward contracts are contract to buy or sell a precise amount of a foreign currency at an agreed price. ... There are few advantages of a currency swap according to QFinance, (n.d) is the "flexibility, assistance in which both parties limit or manage their exposure to fluctuations in ...

  • Word Count: 1468
  • Approx Pages: 6
  • Has Bibliography
  • Grade Level: Undergraduate

6. ROLE OF FOREIGN INVESTMENT IN BUILDING HEAVY INDUSTRIES IN PAKISTAN: 1985-95

This is what exactly happened in the Pakistani society right after Pakistan embarked on the programme of using foreign assistance for sustainable development. ... These purely economic disturbances resulting due to the structural faults in the mechanism of the utilization of foreign assistance coupled with the hap hazarad development in the social sector produced interesting socio-economic problems. ... Conclusion In the end it can be safely asserted that no doubt foreign assistance of all sorts does contributes to the development of carious sectors of the economy, but it is not certain...

  • Word Count: 1345
  • Approx Pages: 5
  • Has Bibliography
  • Grade Level: Undergraduate

7. Humanitarian Assistance in Complex Emergencies

Right to humanitarian assistance 2. ... Use of force for humanitarian assistance only as a means of last resort 4. ... This largely focuses on the role of foreign MCDA. With the increasing military involvement in humanitarian assistance, the guideline focuses on the concept of neutrality, impartiality and humanity as its core drivers which have been endorsed by United Nations General Assembly (UNGA) resolution 46/182. ... The guidelines mentioned above tries to address these issues whiles accepting the changing dimension of humanitarian assistance. ...

  • Word Count: 1676
  • Approx Pages: 7
  • Has Bibliography
  • Grade Level: Undergraduate

8. Foreign Aid, Who Benefits?

Foreign Aid, Who Benefits? What is foreign aid? By definition, according to Merriam Webster's Collegiate Dictionary, foreign aid is assistance provided by one nation to another. Who benefits from foreign aid? ... What has the foreign aid done for the USA? ...

  • Word Count: 543
  • Approx Pages: 2
  • Grade Level: High School

9. U.S. Foreign Policy

For years the foreign policy was governed by one overriding goal, which was to contain the Soviet Union's expansionist tendencies. The goal of America, was to build new security alliances and institutions, forging close ties with other nations and providing foreign assistance. ... The United States foreign policy framework crucial player was the Cold War and the collapse of the Soviet Union. ... Agency for International Development is a prime example of this and the program is to carry out foreign assistance that support key U.S. foreign policy interests, including economic and soci...

  • Word Count: 2638
  • Approx Pages: 11
  • Grade Level: High School