The idea of giving economic aid to a country is a noble one. Giving sovereign nations money to expand their economies, education levels, basic health, and to instill peace within their borders has been something the United States has done for nearly a century. However, giving them money is inconsequential; it is where that money goes, and how that money is used that matters. By citing instances of economic aid within Latin America in 2017, one can see just that, making one ponder the question; is the aid helping to advance these countries, or is it not helping in any significant way?
The United States has over a billion-dollar budget of foreign aid to help several countries throughout the world. This type of aid has fostered economic development for nations within the Caribbean and Latin America. In addition, it has been crucial for many Latin American countries to receive assistance, as it is used in efforts to promote security, reduce poverty, and for humanitarian aid (WOLA statement). However, since 2017, the Trump administration has been working feverishly to make budget cuts across all sectors of U.S.
The recent hurricane in Haiti, Hurricane Matthew, has sparked discussion among socially conscious individuals and aid-providing organizations. With the 2010 earthquake leaving Haiti in a devastating state, many critics have pointed out that aid to Haiti in 2010 was more harmful than helpful and with this new natural disaster there is pressure to not repeat what so many call a foreign aid failure.