Foreign Aid Controversies

Paper Summary:

This paper discusses Canada's involvement in foreign aid. The Canadian International Development Agency is discussed in terms of what its purpose is and how it is involved in foreign aid development and spending. Controversies surrounding spending habits are examined in this article, particularly in light of the recent issues with unjustifiable spending habits on the Sponsorship program.

From the Paper:

"Although the triumph of democracy post cold war helped trigger the global economic boom, developing democracies have benefited least from trade and investment. It is crucial for the international donor community to address potential problems of new policies for promoting democratization of developing countries, otherwise risk losing financial and strategic investments between donors and under-developed countries. The Canadian International Development Agency (CIDA) values social justice, peace, and humanitarianism. CIDA was established in 1968 and has maintained a steady stream of public support in their effort to help the less fortunate."

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