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Analysis on Latin America's Aid Demand and Suggestions for the Priority Sectors

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  • Kwon, Kisu

    (Korea Institute for International Economic Policy)

  • Kim, Jin-O

    (Korea Institute for International Economic Policy)

  • Park, Misook

    (Korea Institute for International Economic Policy)

  • Lee, Ju Young

    (Korea Institute for International Economic Policy)

  • Yi, Si un

    (Korea Institute for International Economic Policy)

Abstract

In recent years, the relatively high in-comes achieved by countries in Latin America have ruled them out as partners for development cooperation. However, 30% of its population still lives under the poverty level, while both income disparity and rural-urban disparity remain high, which point to a high demand for development cooperation. Therefore, this study conducted a quantitative analysis to identify priority sectors and suggest sectoral plans for the official development assis-tance (ODA) toward Latin American countries. For a more effective analysis, we take into consideration the region's political and economic situation, its progress in Millennium Development Goals (MDG) and related achievements, and possible benefits for the region. Lastly, based on this analysis, we evaluated the environ-ment of the development cooperation of the region.

Suggested Citation

  • Kwon, Kisu & Kim, Jin-O & Park, Misook & Lee, Ju Young & Yi, Si un, 2014. "Analysis on Latin America's Aid Demand and Suggestions for the Priority Sectors," World Economy Brief 14-4, Korea Institute for International Economic Policy.
  • Handle: RePEc:ris:kiepwe:2014_004
    DOI: 10.2139/ssrn.2384485
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