Economic Globalization Questions
The role of international aid in economic globalization is to provide financial and technical assistance to developing countries in order to promote economic growth, reduce poverty, and improve living standards. International aid can come in the form of grants, loans, or technical expertise, and it is often provided by developed countries, international organizations, or non-governmental organizations. By supporting developing countries with resources and knowledge, international aid helps to integrate them into the global economy, foster trade and investment, and enhance their capacity to participate in international markets. Additionally, international aid can also contribute to the achievement of sustainable development goals and promote global cooperation and solidarity.