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Foreign 'Aid'?

Part one of term paper
By definition, according to Compton's Encyclopedia, foreign aid is when money, goods, and services are given by one nation to benefit another nation. While that definition is vague and open to interpretation, nowhere does aid mean to corrupt, hinder development, cause havoc, feed and supply terrorists, or spawn wars. Unfortunately, that is wh ...

Part two of term paper
... and ours. Like with Mobutu Sese Seko, Prime minister of Zaire is an example of this. The UN estimates that Mobutu stole about four billion from the International Monetary Fund. This amounts to almost half of all the foreign aid received by Zaire between 1970 and 1994. Amazingly, the IMF was well aware of the expropriation of its funds, yet continued to lend Zaire money. Why, we don't know. Mobutu used most of this money to buy lavish estates in France and to establish huge secret bank accounts in Sw ...

Word count: 1046 | Approximate pages: 4

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