Professional Documents
Culture Documents
1. Introduction
2. Factors of Economic Stability
a. Moderate to high economic growth
b. Low fiscal and trade deficits
c. Export of locally manufactured products
d. Low levels of poverty and inequality
3. Foreign Aid’s usefulness for the Stability of an Economy
a. Fulfils revenue shortages
b. Supports budget and trade deficits
c. Provides funds for development of industries
d. Helps provide social security to the masses
4. Detrimental Impacts of Foreign Aid on Economic Stability
a. Comes with stringent economic conditions
b. Restricts political freedom of the country
5. Foreign Aid is Not Enough for Economic Stability
a. Bring forth the necessary tax reforms
b. Promote Foreign Direct Investment
c. Invest in infrastructural development
d. Move towards value added exports
6. Conclusion