Development Aid In Need Of Review

Unequal distribution of wealth is the main reason for a section of the population to reel from abject poverty while for others, especially in the developed world, it is a means of luxurious and secure life. Charity and aid, by wealthy nations and individuals, seek to overcome this unequal allocation of resources so that those, who are unable to afford to fulfil their basic needs, live a life of dignity and happiness. While charity aims to make sure people don’t die of hunger and lack of medical assistance, other aid aims to address the need to develop the capacity and awareness among those who have less to develop their capacity to have a proper livelihood and move towards sustainability. This helping hand approach is also instrumental in reducing the adverse impacts on the financial ecosystem of the world.