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South Korea as an emerging donor: Challenges and changes on its entering OECD|DAC

Author

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  • Hong-Min Chun

    (Korea Institute for Development Strategy (KDS), Seoul, Korea)

  • Elijah N. Munyi

    (Korea Institute for Development Strategy (KDS), Seoul, Korea)

  • Heejin Lee

    (Graduate School of International Studies, Yonsei University, Seoul, Korea)

Abstract

South Korea's official development assistance (ODA) has been increasing rapidly and will continue to do so. Korea is one of the few countries which have successfully transitioned from a recipient to a donor. It became a member of DAC (development assistance committee), OECD in November 2009. Korea's ODA policy, along with its growth in quantity, is at a crossroads for the enhancement of its quality. Discussions and debates are going on regarding the reforms in Korea's ODA activities, and this paper examines key issues raised. It first reviews the past and present of Korea's ODA, and identifies major characteristics including a low ODA|GNI ratio, a high percentage of concessional loans compared to grants, a high portion of tied aid, regional bias and a relatively large number of recipients. The paper argues that those characteristics arise from a lack of consensus on some fundamental issues like the objective of ODA, positioning of Korea's ODA as an emerging donor and the nature of aid to North Korea. We also argue that a shift of ODA policy is required to promote reform, based on a thorough reflection on the role of ODA in the alleviation of poverty and promoting sustainable development in developing countries, rather than serving as an economic tool. Copyright © 2010 John Wiley & Sons, Ltd.

Suggested Citation

  • Hong-Min Chun & Elijah N. Munyi & Heejin Lee, 2010. "South Korea as an emerging donor: Challenges and changes on its entering OECD|DAC," Journal of International Development, John Wiley & Sons, Ltd., vol. 22(6), pages 788-802.
  • Handle: RePEc:wly:jintdv:v:22:y:2010:i:6:p:788-802
    DOI: 10.1002/jid.1723
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    References listed on IDEAS

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    1. Masahiro Kawai & Shinji Takagi, 2004. "Japan's official development assistance: recent issues and future directions," Journal of International Development, John Wiley & Sons, Ltd., vol. 16(2), pages 255-280.
    2. Peter Kragelund, 2008. "The Return of Non-DAC Donors to Africa: New Prospects for African Development?," Development Policy Review, Overseas Development Institute, vol. 26(5), pages 555-584, September.
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    Cited by:

    1. Gustavo Javier Canavire‐Bacarreza & Eric Neumayer & Peter Nunnenkamp, 2015. "Why Aid is Unpredictable: An Empirical Analysis of the Gap Between Actual and Planned Aid Flows," Journal of International Development, John Wiley & Sons, Ltd., vol. 27(4), pages 440-463, 05-27.
    2. James Reilly, 2012. "A Northeast Asian Model of ODA? Comparing Chinese, Japanese and Korean Official Development Assistance," Chapters,in: The Asia-Pacific, Regionalism and the Global System, chapter 14 Edward Elgar Publishing.
    3. Cheryl McEwan & Emma Mawdsley, 2012. "Trilateral Development Cooperation: Power and Politics in Emerging Aid Relationships," Development and Change, International Institute of Social Studies, vol. 43(6), pages 1185-1209, November.
    4. repec:pal:eurjdr:v:29:y:2017:i:5:d:10.1057_s41287-016-0073-0 is not listed on IDEAS
    5. Bickenbach, Frank & Mbelu, Asithandile & Nunnenkamp, Peter, 2017. "Is foreign aid concentrated increasingly on needy and deserving recipient countries? An analysis of Theil indices, 1995-2015," Kiel Working Papers 2078, Kiel Institute for the World Economy (IfW).

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