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In the past aid has been given to countries in a tied form where lower developed countries are tied to first world nations through debt as a result of demands for returning their money . This worsens situations greatly because countries can no longer use money for their own issues but must instead concentrate on taking their revenue and giving it back with an interest charged to them...
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With a grant system countries can hold on to their money they make along with aid that they are given and it is an obvious fact that the more money you have the more developments you can accomplish. However this adjustment alone is not sufficient.
Indeed, a grant system will help countries a lot but with the existence of corrupt governments there is still no guarantee that the money will go to good and
ethical use...
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