Foreign Aid and Remittance: Crash Course Econ #34
Economy | Information | History | Online | Facts | World | Global | Money
What is foreign aid? How much foreign aid does the United States distribute each year. Comparatively, not much. In fact, foreign aid only accounts for a small fraction of most nations' overall spending. But it's hugely important. Foreign aid improves healthcare, can promote economic growth, and assists people who've been through disasters. Remittances are moneys that are sent internationally by immigrants. People move internationally to *** Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Eric Kitchen, Jessica Wode, Jeffrey Thompson, Steve Marshall, Moritz Schmidt, Robert Kunz, Tim Curwick, Jason A Saslow, SR Foxley, Elliot Beter, Jacob Ash, Christian, Jan Schmid, Jirat, Christy Huddleston, Daniel Baulig, Chris Peters, Anna-Ester Volozh, Ian Dundore, Caleb Weeks -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Comments
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do all the weapons of War that we funnel into the old world count as foreign aid?
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where is the guy that looks like mark cuban????
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The West tends to now view humanity as a transactional process with expectations of return. However, they were willing to go great lengths to provide welfare to post-World War Europe but add extra conditions to non-white populations. Now foreign aid is about control.
Private charitable foundations are a tool of spreading religious ideology to enable such control. -
Watch the video at 0.5 speed and listen to how stupid she sounds (not saying she is stupid, she's awesome.).
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Israel doesn't need $40 billion! The damages of all natural disasters that hit the US this year can be repaired with half of that money. Why the F do the US send it to a rich country like Israel?
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pathetically naive
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DFTRYCC?
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can economist ever agree on anything?
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communism was a big factor in marshall plan.
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Less than 10 % of foreign aid actually reaches its destination. And some times that destination is the company itself, and their effort to "help" the country in question comes secondary to making money and financial growth. Always be wary when international organisations hire PR agencies and former politicians to act as advisors.
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The problem here is there are people starving in the United States this is why foreign aid needs to go and use to take care of people in the United States instead of other countries.
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omg...the IMF is reallllll....Ethan is realllllllllllllllllll xD
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Too bad the UN became pretty much like League of Nations 2.0 today. It was good only immediately after world war 2... it looks like the world has forgotten.
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Russian subs please
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I have a Question
Since you said the financial aid is given more to countries where the donor can make less restrictions for trade which will be done mostly on the natural resources of the recipient ( for which the recipient will lack money to make use of those resources) Isn't the foreign aid is a type of bribe ( since most of it is been used up the corrupt leaders of the recipient state)
and also in turn gives the donor state to stay more economical better than recipient while using there natural resources. -
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why are my tax dollars being given to foreigners?
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Poverty Inc on Netflix tells a lot about what foreign aid does to a developing country's economy.
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