Student’s name: Kamila Aitkulova Student’s ID: 20162014 Course title: Thesis II Course instructor: Alma Kudebayeva Almaty 2017 Introduction. Foreign aid has been one of the most important tools in international politics, began after World War II. In the beginning, assistance was provided to the countries, which suffered from wars and experienced great casualties. The United States and the Soviet Union began to distribute aid to strengthen military forces of their allies and spread their political ideologies in the times of Cold War. The most commonly accepted definition by OECD states that foreign aid is an external assistance is considered to be a major element towards the advancement of the deve¬loping countries. Any transfers of capital from one country to another …show more content…
More aid is now performed through international financial institutions such as IMF, World Bank, and OECD. The demand for solutions of global issues, such as environmental crisis, world poverty, political instabilities, social marginalization, macroeconomic issues, internationalization of organized crime, have always been a focus of international community. Therefore, the interdependence of countries leaves no other alternatives, apart for cooperation for international development and social progress. Foreign aid may have an influence on different specters of receivers’ performance. Being tighten to the donor countries, the states of receiving party are facing different issues in turn. There are plenty of studies, regarding the effects of foreign aid on economic performance, while most support the opinion that the impact is of a positive kind. However, aid programs do not always bring the desired results. As political researcher, Ian Vasquez (2003) noticed a new tendency appeared regarding the issue of foreign aid provision. According to this approach,