International aid and fairtrade

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14 Terms

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What is aid?

Where money is transferred from a wealthier country to poorer country

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What is short-term aid?

Often after an emergency to help provide materials to help recover

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What is long-term aid?

Given over a long time to help develop a country or region

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What is bilateral aid?

Aid from one country to another

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What is multilateral aid?

Aid from a number of countries (usually through organisations) to one country

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What is charitable aid?

Money given by charities such as Oxfam

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Disadvantages of short-term aid

If it doesn’t go towards developing the country it may lead to reliance

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Disadvantages to long-term aid

It may not go towards developing those who need it most

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Disadvantages of charitable aid

It relies on donations which there may be a lack of

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What is fairtrade?

A programme which ensures farmers/ producers in LICs and NICs are given guaranteed a fair income for their goods and improves social and economical standards

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Why is fairtrade needed?

As lots of farmers in LICs sell their material not products so prices fluctuate and they arent guaranteed how much they earn so it influences them to sell good materials for less to companies

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Benefits of fair trade

Guarantees a consistent and fair wage to workers and producers, prevents child and slave labour (has to meet UN requirements), and provides money to improve local areas

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Benefits of all aid

Provides support to struggling areas, creates new jobs and improves economy and creates long term improvement to environment and quality of life

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Negatives to aid

Relies on HICs, focused on urban areas so rural areas stay in poverty and it doesn’t always help people who need it