Developing Countries need Trade, not Aid

I personally think that the develop countries the once were the economy is in growing stage, in this countries people are in need of products and services and the demand is increasing day by day. However in the area of globalization purchasing power of people has increased so any new product or service lunched will be in high demand in developing nations.

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.

Developing countries like Kenya need trade but not aid. Trade will provide the platform for minds to grow and enquire experience on how to develop yourself. It will also give room for mutual expansion of the mind on how to utilize the limited resources to maximize human wants.

On the other hand, Aid just makes the minds of citizens in the developing countries not to grow because of that habit of receiving get from developed countries.

Thanks.

Developing nations or countries need aids in the short run. In many developing countries it is a reality that they do export primary products which they then import from the developed countries as finished products. Therefore many of the developing countries have a balance of trade deficit.

They therefore need aids from the developed countries in terms of industrial infrastructure so that they can improve on their technology. Through this they will be able to manufacture finished goods which will be competitive in trade.

According to my point of view, trade is needed for developing countries, not aid. Because getting aid from developed countries make we developing performance will lazy and reduce self-confidence level. So the trade is important to developing the countries. Trade provide a platform for the mind to grow and enquiry experience on how to develop our country to developing to developed country. Without knowing the value of Demand stones? you have multiple demands on the hand means what is the use of it. It's like you choose to aid, not trade. So the trade is very important for developing the countries.

Thank you.

Hi, friends.

In my opinion, trade is needed for developing countries, not aid, because getting aid from developed countries make the developing performance lazy and reduce self-confidence level, so the trade is important than aid.

Hi friends,

I think that Developing countries need trade not Aid. When the developing countries use trade then, they are making their growth self dependantly. Taking Aid from develpoed countries means taking short cut to became the develpoed country. Always shout cut is not the apropriate way. Because of that we became dependant on other country countries. That make the country growth Lazy.

As we are developing countries we have to need of trade.

Oh yes! Dears by my point of view developing countries need AID upto some extent. Trade is usual but sometimes it leads to some downsizing because of uncertain Exchange rates and that time we have no any voice to that challenge. Hence at that time AID is too much better than trade because at that time unfortunately, trade is dependent upon aid.

Developing countries need trade, not aid because trade is better than aid. Trade is a platform in which countries run their economy and support many other fields of life.