• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

Previously-Woke Companies Retreat From Pride Month During Trump 2.0

June 2, 2025

Fed Offers Up Prediction That Spells Good News For Trump’s Economy

June 2, 2025

NAACP Accuses Musk Of Endangering Black Communities With Supercomputer Fumes

June 2, 2025
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Monday, June 2
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Security video shows brazen sexual assault of California woman by homeless man

    October 24, 2023

    Woman makes disturbing discovery after her boyfriend chases away home intruder who stabbed him

    October 24, 2023

    Poll finds Americans overwhelmingly support Israel’s war on Hamas, but younger Americans defend Hamas

    October 24, 2023

    Off-duty pilot charged with 83 counts of attempted murder after allegedly trying to shut off engines midflight on Alaska Airlines

    October 23, 2023

    Leaked audio of Shelia Jackson Lee abusively cursing staffer

    October 22, 2023
  • Health

    Disparities In Cataract Care Are A Sorry Sight

    October 16, 2023

    Vaccine Stocks—Including Pfizer, Moderna, BioNTech And Novavax—Slide Amid Plummeting Demand

    October 16, 2023

    Long-term steroid use should be a last resort

    October 16, 2023

    Rite Aid Files For Bankruptcy With More ‘Underperforming Stores’ To Close

    October 16, 2023

    Who’s Still Dying From Complications Related To Covid-19?

    October 16, 2023
  • World

    New York Democrat Dan Goldman Accuses ‘Conservatives in the South’ of Holding Rallies with ‘Swastikas’

    October 13, 2023

    IDF Ret. Major General Describes Rushing to Save Son, Granddaughter During Hamas Invasion

    October 13, 2023

    Black Lives Matter Group Deletes Tweet Showing Support for Hamas 

    October 13, 2023

    AOC Denounces NYC Rally Cheering Hamas Terrorism: ‘Unacceptable’

    October 13, 2023

    L.A. Prosecutors Call Out Soros-Backed Gascón for Silence on Israel

    October 13, 2023
  • Business

    Previously-Woke Companies Retreat From Pride Month During Trump 2.0

    June 2, 2025

    Fed Offers Up Prediction That Spells Good News For Trump’s Economy

    June 2, 2025

    NAACP Accuses Musk Of Endangering Black Communities With Supercomputer Fumes

    June 2, 2025

    ‘Rest Assured’: Tariffs ‘Not Going Away’ Despite Court Rulings, Trump Commerce Sec Says

    June 1, 2025

    EXCLUSIVE: ‘The Man She Is Today’: European Companies Accused Of ‘Importing’ Woke Ideology

    May 29, 2025
  • Finance

    Ending China’s De Minimis Exception Brings 3 Benefits for Americans

    April 17, 2025

    The Trump Tariff Shock Should Push Indonesia to Reform Its Economy

    April 17, 2025

    Tariff Talks an Opportunity to Reinvigorate the Japan-US Alliance

    April 17, 2025

    How China’s Companies Are Responding to the US Trade War

    April 16, 2025

    The US Flip-flop Over H20 Chip Restrictions 

    April 16, 2025
  • Tech

    Cruz Confronts Zuckerberg on Pointless Warning for Child Porn Searches

    February 2, 2024

    FTX Abandons Plans to Relaunch Crypto Exchange, Commits to Full Repayment of Customers and Creditors

    February 2, 2024

    Elon Musk Proposes Tesla Reincorporates in Texas After Delaware Judge Voids Pay Package

    February 2, 2024

    Tesla’s Elon Musk Tops Disney’s Bob Iger as Most Overrated Chief Executive

    February 2, 2024

    Mark Zuckerberg’s Wealth Grew $84 Billion in 2023 as Pedophiles Target Children on Facebook, Instagram

    February 2, 2024
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Finance»What Difference Can Australian Development Assistance Make?
Finance

What Difference Can Australian Development Assistance Make?

September 29, 2023No Comments4 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
What Difference Can Australian Development Assistance Make?
Share
Facebook Twitter LinkedIn Pinterest Email

Oceania | Economy | Oceania

As a wealthy country in a developing region, Australia can and should do more to assist its regional neighbors in developing. 

Advertisement

Australia holds a distinctive position within the Organization for Economic Cooperation and Development (OECD) in that it is a developed country in a mostly developing neighborhood. Of its neighbors, only Singapore, New Zealand, and Brunei are similarly high income countries. This should make development assistance a pronounced tool of Australian statecraft, not only as a way to engage with the concerns of its neighborhood, but as an investment to enhance the common prosperity of the region – something that would be highly advantageous to Australia. 

In her address to the United Nations General Assembly last week, Australian Foreign Minister Penny Wong spoke extensively about development assistance. She spoke of the displaced and hungry, of those affected by climate change-induced extreme weather events, and how the COVID-19 pandemic had pushed over 100 million people back into poverty. The speech was designed to project the image of Australia as a responsible international actor, one that recognizes the most pressing global problems and is willing and able to assist with solutions. 

Wong quite rightly stated that “Australia’s investments are a statement of our belief that social and economic progress are preconditions for peace.” Yet there is one glaring detail that contrasts with the content and tone of Wong’s speech – among OECD countries Australia has one of the lowest contributions to development assistance as a percentage of GDP. The money Australia is willing to spend on development assistance doesn’t match the country’s rhetoric. 

See also  SHAK, SCHW, ATVI and more

While Southeast Asia and the Pacific have made great strides in recent years in improving development outcomes, many still lack important elements that would allow them to flourish. These elements include education and skills development, the adoption of more efficient and effective technology, and the infrastructure to improve social and economic capabilities. 

These are aspects of development that are more complex to deliver than the provision of food and health. Making the jump from low income countries to middle income countries is easier than taking the next step to becoming a high income country. Yet for Australia, finding mechanisms to partner with its neighbors to make this transition should be considered a national imperative. 

Enjoying this article? Click here to subscribe for full access. Just $5 a month.

I am currently writing this article from Sweden. Here, it is not difficult to see how being surrounded by countries of similar prosperity creates enormous amounts of trust and high levels of cooperation. Wealth provides a major security dividend. It is only Russia that causes any great security concerns in the region. While cultural similarity also undoubtedly helps northern Europe, it is the common prosperity that provides the bedrock of confidence neighbors have in each other. 

Australia lacks this trust within its neighborhood. It maintains a visa system that is highly suspicious of its neighbors. The hoops it requires Southeast Asians and Pacific Islanders to jump through to enter Australia leave no doubt that Canberra views its neighborhood with an extraordinary lack of trust. Only recently – after significant lobbying from Jakarta – has Canberra moved slightly on visas for Indonesians wishing to travel to Australia for business purposes. 

See also  Australian Surfer, 15, Killed in Southern Coast Shark Attack

Canberra likes to refer to the Pacific Islands as part of its “family” but no family frisks its members at the door. For this diplomatic strategy to be considered more than just a rhetorical device, there needs to be a much higher level of confidence in its neighbors from Canberra – yet realistically this won’t come without increased prosperity throughout the region. Advancing this prospect should be a central pillar of Australia’s national strategy. 

Advertisement

The recently released International Development Policy produced something of a realignment of approach to Australia’s development assistance – recognizing that development is an important tool of statecraft that works in unison with Australia’s other foreign policy goals. Yet the policy included no great increase in actual funds.

Obviously, development assistance doesn’t play well domestically, and increases in Australia’s aid budget can create resentments within the general public. Yet a skilled politician would be able to explain how common regional prosperity is a direct and unambiguously positive for Australia. Finding the language to communicate this recognition should be just as important as finding the dollars. 

What a country funds is the most direct indication of what that country values. Or, to put it another way, what it funds is an indication of how it understands its place in the world. As a wealthy country in a developing region, it would make sense that development assistance would play a greater role in Australia’s neighborhood engagement. The sooner both Southeast Asia and the Pacific transition to high income countries the sooner the security, economic, and diplomatic benefits will accrue for Australia. 

See also  A Marine Corps Drill Instructor’s 27 Personal Development Guideposts
Assistance Australian Development Difference
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ending China’s De Minimis Exception Brings 3 Benefits for Americans

April 17, 2025

The Trump Tariff Shock Should Push Indonesia to Reform Its Economy

April 17, 2025

Tariff Talks an Opportunity to Reinvigorate the Japan-US Alliance

April 17, 2025

How China’s Companies Are Responding to the US Trade War

April 16, 2025
Add A Comment

Leave A Reply Cancel Reply

Top Posts

REPORT: The Gender Of Lindsay Lohan’s Baby, Revealed

June 27, 2023

‘Chinese storm’ looming over Europe’s EV sector, Renault chairman warns

July 8, 2023

Drinking alcohol brings no health benefits, study finds

April 10, 2023

Chinese Investors Flee Country’s Market As Beijing Fails To Prop Up Economy

March 6, 2024
Don't Miss

Previously-Woke Companies Retreat From Pride Month During Trump 2.0

Business June 2, 2025

This June, many Target stores will feature a section of American-themed apparel in place of…

Fed Offers Up Prediction That Spells Good News For Trump’s Economy

June 2, 2025

NAACP Accuses Musk Of Endangering Black Communities With Supercomputer Fumes

June 2, 2025

Nature Walks Can Transform Mental Health And Addiction Recovery

June 2, 2025
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,140)
  • Entertainment (4,220)
  • Finance (3,202)
  • Health (1,938)
  • Lifestyle (1,647)
  • Politics (3,084)
  • Sports (4,036)
  • Tech (2,006)
  • Uncategorized (4)
  • World (3,944)
Our Picks

Chinese Businessman Zhang Jin, Founder Of Fortune 500 Company, Arrested

May 9, 2023

EXCLUSIVE: Vast Majority Of Small Business Owners Worried Biden’s Economy Will Force Them To Close

June 4, 2024

Tubi Super Bowl Ad: Viewers Freak Out Over Fake Channel-Change Spot

February 13, 2023
Popular Posts

Previously-Woke Companies Retreat From Pride Month During Trump 2.0

June 2, 2025

Fed Offers Up Prediction That Spells Good News For Trump’s Economy

June 2, 2025

NAACP Accuses Musk Of Endangering Black Communities With Supercomputer Fumes

June 2, 2025
© 2025 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.