Created by Yordan_Yordanov on Sep 14, 2010 in  Business ->  Economics

Do charity campaigns have positive effect over the economics of poor countries?

Yes, it provides people with goods they are not able to buy
No, it suppresses the development of local industry by creating new markets for goods manufactured by western companies
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@Steliyan_Petkov_Georgiev
1

Charities make the donor feel better than the beneficiary. Bono must feel great about himself.

on Sep 17, 2010
@Vanya_ToThePoint
0

If by charities we mean the activities of non-governmental organizations, then NO.

on Sep 17, 2010
@Valentin_Ivanov
0

Charities do next to nothing in pulling those countries out of their misery. That's the biggest problem with charities.

on Sep 15, 2010
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