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How unique is South Korea's official development assistance (ODA) model?

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  • How unique is South Korea's official development assistance (ODA) model?
  • Bondaz, Antoine; Allard, Léonie
  • Asia Centre


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Title How unique is South Korea's official development assistance (ODA) model?
Similar Titles
Material Type Reports
Author(English)

Bondaz, Antoine; Allard, Léonie

Publisher

Paris, France:Asia Centre

Date 2014-11
Pages 10
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Economic Administration
Official Aid < Development Assistance
Holding Asia Centre

Abstract

Over half a century, South Korea realized the “miracle of the Han river”. A War-torn region with a GDP lower than that of the Democratic Republic of the Congo in the 1960s, South Korea, has become the world’s thirteenth economic power. In 2010, South Korea became the 24th member of the Development Assistance Committee (DAC) of the OECD, and at the same time the first State to transition from overseas development aid (ODA) beneficiary to aid donor, since the creation of this committee in 1961. South Korea is now willing to expand its ODA while exporting its own experience of development in order to differentiate itself from traditional donors. A question remains: does this newly emerging aid donor model differ from the Western one? Our dossier is comprised of three articles. (The rest omitted)