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Key development needs of South Asia and priority sectors of Korean ODA

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Frame of Image e largest demand for development cooperation in the world, and its importance as a development cooperation partner for Korea and other aid donors is increasing. South Asia, as of 2011, is home to 23% of the world population. With per capita GDP at only USD 1,400, it is also home to the largest number of the poorest people on Earth. Accordingly, South Asia’s proportion in
South
the worldwide ODA (Official Development Assistance) is on the rise, from 10.9% in 2006 to 15.8% in 2010. Korea is also increasing the proportion of its ODA for South Asia and is seeking effective development assistance policies. response to this state of affairs, this study quantifies the development demand, by country, in South Asia and Korea’s aid capacity in order to determine the focal areas for cooperation. This study also presents suggestions for effective ODA policies in South Asia.
In
Key Development Needs of South Asia and Priority Sectors of Korean ODA
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Table 1. Comparison of Populations and Incomes between South Asia and Sub-Saharan Africa
South Asia Number of Countries Population (2011, in billions) Nominal GDP (2011, in billion dollars) Per capita GDP (2011, dollars) 8 1.65 2,313 1,402 Sub-Saharan Africa 48* 0.81 1,107 1,367
Note: * Forty-seven (47) by Global Insight count. Source: Based on data from Global Insight, Oct. 2012.
Table 2. Status of Least-Developed Countries
Number of Countries Africa Asia - South Asia Central and South America, island nations Total 33 10 5 6 49 Population (mi


Full Text
Title Key development needs of South Asia and priority sectors of Korean ODA
Similar Titles
Material Type Reports
Author(English)

Cho, Choongjae; Choi, Yoon Jung; Song, Young Chul

Publisher

Seoul:Korea Institute for International Economic Policy

Date 2014
Series Title; No World Economy Update
Pages 6
Subject Country South Korea(Asia and Pacific)
Southern Asia(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Official Aid < General
Holding KIEP