foreign aid
Noun
Meaning
aid (such as economic or military assistance) provided to one nation by another
Source: WordNetSynonyms
Antonyms
Hypernyms
Examples
In this financial year we will be spending at least $1.5 billion on foreign aid and we cannot be sure that this money will be properly spent, as corruption and mismanagement in many of the recipient countries are legend.
Foreign aid goes from poor people in rich countries to rich people in poor countries.
Foreign aid is neither a failure nor a panacea. It is, instead, an important tool of American policy that can serve the interests of the United States and the world if wisely administered.
Gifts can be dangerous and make a nation dependent on foreign aid. They can scuttle dairy development here.
One of the most ridiculous defenses of foreign aid is that it is a very small part of our national income. If the average American set fire to a five-dollar bill, it would be an even smaller percentage of his annual income. But everyone would consider him foolish for doing it.
There is a profound contrast between the effects of foreign aid and of voluntary private investment: foreign aid goes from government to government. It is therefore almost inevitably statist and socialistic.