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South Korea as an emerging donor : Chanllenges and changes on its entering OECD/DAC

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  • South Korea as an emerging donor
  • Chun, Hong Min; Munyi, Elijah; Lee, Heejin
  • John Wiley & Sons, Ltd.


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Title South Korea as an emerging donor
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Sub Title

Chanllenges and changes on its entering OECD/DAC

Material Type Articles
Author(English)

Chun, Hong Min; Munyi, Elijah; Lee, Heejin

Publisher

[Hoboken]:John Wiley & Sons, Ltd.

Date 2005-10
Journal Title; Vol./Issue Journal of International Development:vol. 22
Pages 16
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Industry and Technology < Science/Technology
Holding Dongguk university

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 rest omitted)