The Emergence and Mechanism of Foreign Aid as a Neo-Colonial Apparatus: A Post-World War II Scenario

Abstract

The connectivity and interdependency among the modern states have increased exponentially in terms of politics, economics, 
culture, or every possible sector in today’s globalized world. To ensure uninterrupted economic and social growth, the countries often seek foreign aid as it is considered one of the most useful tools for socioeconomic development. It is, therefore, not necessary to consider this approach counterproductive all the time. Nevertheless, on most occasions, for reasons whatever, the situation is quite downtrodden for most of the aid receiving countries. From the ancient period, world politics was determined and dominated by the imperialists expanding their territories and later the colonialists controlling the colonies. Till the end of World War II, the world has experienced it at different points of time. After the end of the Second World War, ‘something’ new was required to be established in the package of moral superiority. Hence, the inception of ‘neo colonialism’. The paper tries to elaborate on this juncture of the post-World War II era and also aims to examine the possible intentions of the USA, China, India along with some other international organizations which are seemingly practicing neo colonialism in the garb of so-called ‘assistance’. Meanwhile, it is true that all these states are too invested in the wellbeing of the world and great contributors in many positive ways. At the end of the paper, it is expected that a clearer vision will come out regarding the subject matter of the study.