As Fisher (2007) pointed out, modernization and neoliberalism are the main development theories that characterize the dominant view of development, which focuses on the search for solutions to the problems that hinder economic growth. Say no to plagiarism. Get a tailor-made essay on “Why violent video games should not be banned”?Get the original essayAccording to Jan Nederveen Pieterse (1998), promoting the idea that developing countries should follow in the footsteps of developed countries and that the latter should To help the former achieve economic growth, modernization theory has given rise to the so-called "dependency theory", which argues against placing underdeveloped countries at the mercy richer economies. Although it is based on different principles from modernization theory, neoliberalism has also been criticized for similar reasons, as it revolves around free trade and the creation of open markets, which can lead to, among other things , exploitation and environmental degradation. (Moore, JW, 2011) Given the emphasis that classical development discourse places on international aid and Nepal's dependence on foreign aid, it would be interesting to analyze the effects such aid has had on the country's economy, in order to determine whether it has had a positive effect on international aid. has truly helped Nepal reduce its poverty. First, the Development Assistance Committee defined international assistance, also known as official development assistance, as "resources transferred on concessional terms, promoting economic development and welfare developing countries being the main objective. objective." (Global Poverty Info Bank, nd) Tied aid is a form of foreign aid currently benefiting Nepal and consists of granting a bilateral loan to a less developed country, which will have to spend the funds received to purchase products and/or services from the donor country (OECD, nd)Nepal is heavily dependent on foreign aid and, therefore, it is important that the country, through its government, demonstrates to its donor countries that. it is moving towards a more stable political and economic future In 2001, The Economist (2001) reported that Japan, Nepal's largest donor country, along with the World Bank and other organizations helping the country, had started. to lose confidence in Nepal after the assassination of several members of the royal family earlier this year, which marked the beginning of a very unstable political era However, as Nepal has been receiving international aid ever since. 1952, it is difficult to understand why so little progress has been made in terms of economic growth and well-being. According to Theroux (2004), foreign aid is what keeps developing countries poor, as it is used by governments to maintain things as they are, without promoting change. In addition, tied aid is offered under very strict conditions that benefit the donor country more than the recipient country, which will have to purchase goods and services from it, generally at higher costs, and, as reported by The Himalayan Times (2011), it encourages addiction. on foreign aid, instead of self-sufficiency. Keep in mind: this is just a sample. Get a personalized article from our expert writers now. Get Custom Essay “Humanitarian aid” could be one of the main reasons why Nepal is yet to achieve satisfactory results, in terms of economic growth,..