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Sustainable energy cooperation between CLMV countries and Korea

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  • Sustainable energy cooperation between CLMV countries and Korea
  • Lim, Soyoung
  • Korea Institute for Industrial Economics and Trade


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Title Sustainable energy cooperation between CLMV countries and Korea
Similar Titles
Material Type Articles
Author(English)

Lim, Soyoung

Publisher

Seoul,South Korea : Korea Institute for Industrial Economics and Trade

Date 2017-02
Journal Title; Vol./Issue Korea and the World Economy:vol.18(no.S1)
Pages 25
Subject Country Cambodia(Asia and Pacific)
Laos(Asia and Pacific)
Myanmar(Asia and Pacific)
South Korea(Asia and Pacific)
Vietnam(Asia and Pacific)
Language English
File Type Link
Subject Official Aid < Development Assistance
Official Aid < Development Administration
Holding The Asoociation of Korean Economic Studies
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Abstract

While Korea’s commitment for ODA in CLMV countries (Cambodia, Laos, Myanmar, and Vietnam) has mainly focused on economic infrastructure and services, its aids in the energy sector have been low with only 3.2%. To maximize Korea’s ODA for CLMV countries, this study aims to build a concrete cooperation programs in energy sector for each of these countries. After analyzing energy conditions in four countries, the study suggests that (1) constant communication between partner countries, (2) consideration of energy’s synergistic effect with other sectors, (3) community involvement, and (4) institutional strengthening and capacity building are essential for successful cooperative programs.