Many developing countries require aid from international organizations to grow. Many people think that this aid should be financial, while others believe practical aid and advice are more useful. Discuss both views, and give your own opinion.

Nowadays, Lots of worldwide organizations are providing financial assistance to emerging nations in order to support their developmental plans. Many individuals believe that this assistance should be monetary, while others feel that technical support and guidance are more beneficial. The following essay will discuss both the sides in detail with the relevant examples along with my opinion. Primarily, many people believe that developing countries should be provided with financial assistance because it is the most important aspect in implementing any development. If a country has sufficient funds, it would be possible for the government to invest in different projects such as infrastructure, healthcare and education. For example, many underdeveloped countries such as Bangladesh, Pakistan, and Afghanistan received financial assistance from many organisations and nations, which helped in the improvement of the country's educational and health sectors. However, some argue that just money cannot bring a change in society. Along with the funds, various practical ideas and strategies should be shared with the rising countries, as it will decrease their dependency on others in the future and the skilled workforce will increase. For example, Covid-19 vaccine was initially developed by Russia and the USA. Later they have shared their research and formulas with other developing countries. With the help of the strategies provided by them, India and Japan have successfully produced their own vaccines. And vaccinated their citizens to protect them from coronavirus. In conclusion, financial support provided by developed nations can solve the immediate problems of poverty and healthcare. However, they do not solve the long-term problem of making an emerging country independent. In my opinion, I believe practical assistance and advice are more useful than financial aid as it helps a country to be more productive in the long run and help to solve their own challenges rather than depending on these organizations to combat their crisis.