Developing Countries need Trade, not Aid

Of-course developing countries need trade not aid. Because if a country is given aid the country will never grow, it will never become a self dependent country it always need to beg before the other countries for their needs and after all it will still remain as developing country. In fact if we support trade instead of giving aid for a backward country, it will certainly make that country self reliant and self dependent which is far far better than giving aid and it will certainly help the country to rise as a developed country.

Developing countries always need trade compare to aid to become a developed country. Only trade can enhance the economic growth of the country and it also develops a better understanding between the nation. Aid is a short term desire while trade is the long term desire.

If anyone gives us aid, it means the talent which is in us is not given sufficient way to show and our talent remains inside us and later dies with our death. When we trade, we put all our talents in that and it also helps in growing new talents as well.

Developing countries definately need trade but if our country need to start any trade and come on any platform to starting trading life so we should take aid, nothing is wrong in it after start we are more concentration trade this my point thanks.

Hello, developing country like india, if we talk about India there is need of trade not aid. Indian government doing well in this field they and now we are 5th in fast moving economy country we have to need more and more emphasise on trading facility and fdi intervention in India and also micro small medium enterprises. They do well and taking initiative in Indian economy. But nowadays Indian rupees value decreasing day by day and we are importing more. For developing country its need to more export and control on their economy and we can also inviting foreign company to start their business in India. Thanks.

Developing nations need both. Trade has huge limitations based on the availability of resources and skilled workforce. And it would take a long time to generate profit from the trade again all such profit is vulnerable to the fluctuation in the market. So trade alone could not help a nation progress. The aid is equally necessary, aid for health, military and infrastructure supplements the growth of any developing nation which they could not afford from their revenue alone.

Trade is better than aid because trade improves the efficiency of a country since there are some products which may be being found in the developed countries but not in the developing ones therefore I will go for trade and not aid.

Here everyone focused on Trade not aid, let focus on aid too.

1) Infrastructure is not up to the mark to boost trade as it takes 30-35 days at the international ports for loading and unloading the goods. Whereas in china it takes 2-3 days or few hours to load or unload moreover all the ports are not connected with railways and airports so need to develop the infrastructure to increase the trade.

2) Developing nations need both. Trade has huge limitations based on the availability of resources and skilled workforce. And it would take a long time to generate profit from the trade again all such profit is vulnerable to the fluctuation in the market. So trade alone could not help a nation progress. The aid is equally necessary, aid for health, military and infrastructure supplements the growth of any developing nation which they could not afford from their revenue alone.

3) That's where Aid for Trade comes in as financial assistance to build new infrastructure, improve ports or customs facilities in developing countries in short we want to help developing countries "trade" their way out of poverty.

4) Today, the EU and its Member States provide more trade-related development assistance than the rest of the world put together. We contributed a third of world-wide Aid for Trade assistance, or 10.7 bn, in 2010 that's a quarter of our own total official development assistance (ODA) budget. And the results speak for themselves a 10% increase in Aid for Trade spending on infrastructure has been shown to lead to a 6.5% increase in goods exports.

5) The starting point is of course that we use the resources available effectively. This means we need to target Aid for Trade right and priorities especially Least Developed Countries (LDCs).

6) Standards, services, intellectual property rights, public procurement, technical, social and environmental rules, infrastructure and packaging facilities are only possible because of aid in developing countries.

7) It is distinguished from humanitarian aid by focusing on alleviating poverty in the long term, rather than a short term response.

8) The talent which is in us is not given sufficient way to show and our talent remains inside us and later dies with our death.

9) The reason being that that trade is controlled by the developed counties and we have little voice on the exchange rates. Hence trade will produce nothing.

I personally thinks that doing trade with some country is like strengthening your bond with that particular country though it might be in much more profit than yours but you find belief in them that whenever we needed them they would be there to help us out but letting them aid you is some what being slave to them.

For developing country both trade and aid is needed. In case of India I believe we should focus on treading. Because Indian economy mostly depends on the European country.

That is why Indian economy is falling down. Treading actually helps any country to build a better economy. To improve that side India should focus on product base companies in India.

Think of it from other perspective. If you ask someone for help(aid) he will be ready to help you once or twice or thrice and then ultimately he will say no to you. Similarly we a developing country can not go to other countries for help always. However if they provide us with some sort of TRADE, then we will not be that much dependent on other countries and it will also help us rise globally and financially.