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

What To Expect When Quitting Alcohol

March 6, 2026

US Lost Jobs In February, Showing Weaker Economy Than Expected

March 6, 2026

110 Funny Anniversary Quotes and Messages That Will Make You Laugh

March 6, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Saturday, March 7
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

    US Lost Jobs In February, Showing Weaker Economy Than Expected

    March 6, 2026

    Trump Cuts Off Trade To Spain After Nation Bucked US On Iran War

    March 3, 2026

    Ford Recalls Over 4,000,000 Vehicles For Software Glitch

    February 26, 2026

    Jamieson Greer Says Trump Still Has ‘Very Durable Tools’ For Tariffs, Trade Deals

    February 22, 2026

    Scott Bessent Lays Out Future Of Trump’s Tariffs, Trade Deals

    February 22, 2026
  • Finance

    How Long Can Kyrgyzstan’s Economic Boom Keep Booming?

    February 18, 2026

    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
  • 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  Linking Together Asia’s Digital Future

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 miner South32's met coal output falls on Illawarra disruptions

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  Social Security COLA increase will ‘return to reality’ in 2024 after jump, predictions say
Assistance Australian Development Difference
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

How Long Can Kyrgyzstan’s Economic Boom Keep Booming?

February 18, 2026

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
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Bad news for Newsom: Vast majority of Californians don’t want him to run for president

March 10, 2023

Biden Admin Launches Probe Into Major Investments Pouring Into Pioneering Tech Start-Ups

January 25, 2024

Megan Rapinoe Blasted for Laughing After Missed Penalty Kick that Ended World Cup Bid

August 7, 2023

How Generative AI Can Help With Physician Burnout

August 6, 2023
Don't Miss

What To Expect When Quitting Alcohol

Lifestyle March 6, 2026

Quitting alcohol may not be the hardest thing a person does, but it will not…

US Lost Jobs In February, Showing Weaker Economy Than Expected

March 6, 2026

110 Funny Anniversary Quotes and Messages That Will Make You Laugh

March 6, 2026

Trump Cuts Off Trade To Spain After Nation Bucked US On Iran War

March 3, 2026
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 (4,307)
  • Entertainment (4,220)
  • Finance (3,203)
  • Health (1,938)
  • Lifestyle (1,840)
  • Politics (3,084)
  • Sports (4,036)
  • Tech (2,006)
  • Uncategorized (4)
  • World (3,944)
Our Picks

Actor Billy Porter Falsely Screams Guns Are Number One Killer of Children

March 27, 2023

How To Prioritize Your Wellbeing When Planning For Retirement 

November 15, 2023

Media Matters Appears To Have Unintentionally Revealed Its Confidential List Of Donors

January 4, 2024
Popular Posts

What To Expect When Quitting Alcohol

March 6, 2026

US Lost Jobs In February, Showing Weaker Economy Than Expected

March 6, 2026

110 Funny Anniversary Quotes and Messages That Will Make You Laugh

March 6, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

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