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Foreign Aid

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Foreign Aid
Foreign Aid
“Australia in Its Regional and Global Context”
By Alara Berisha
Table of Contents:
1.) Australia and its foreign aid links
2.) The types of foreign aid
3.) The roles of government organisations
4.) The importance of non-government organisations
5.) Treaties and agreements
6.) Economic, social and geopolitical advantage and disadvantages
7.) Impact on social justice and equity

1. Australia and its foreign aid links
Australia is a developed, English speaking country, located in the Asia-Pacific region. It itself is a continent, surrounded by smaller nations, whom we continue to make links with.
One of Australia’s most positive links with the world, and significantly the Asia-Pacific region, is foreign aid. Foreign
…show more content…
2. The types of foreign aid
Bilateral aid is when the government of the donor country gives financial aid to the government of the recipient country. E.g. the agreement between the Australian and the Papua New Guinean governments.
Multilateral aid is when financial assistance is given by governments through international development banks or organisations. E.g. The Australian government contributes multilateral aid through the G8 Multilateral Debt Relief Initiative, the Asian Development Fund and the World Bank.
Tied aid is aid for a specific purpose, often requiring the receiver to spend it on goods or services that will benefit their country. E.g. in the Pakistan earthquake disaster in 2005, The Australian Government provided funds to rebuild schools and hospitals.
Untied aid is when government and non-government organisations donate to the recipient government, whom is able to choose to spend it on any goods or services which they believe will benefit their country. E.g. The Australian Government donated funds to Papua New Guinea for any purpose that may help raise living

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