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South Korea as an emerging donor: Challenges and changes on its entering OECD|DAC

Author

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  • Hong-Min Chun

    (Korea Institute for Development Strategy (KDS), Seoul, Korea)

  • Elijah N. Munyi

    (Korea Institute for Development Strategy (KDS), Seoul, Korea)

  • Heejin Lee

    (Graduate School of International Studies, Yonsei University, Seoul, Korea)

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 paper argues that those characteristics arise from a lack of consensus on some fundamental issues like the objective of ODA, positioning of Korea's ODA as an emerging donor and the nature of aid to North Korea. We also argue that a shift of ODA policy is required to promote reform, based on a thorough reflection on the role of ODA in the alleviation of poverty and promoting sustainable development in developing countries, rather than serving as an economic tool. Copyright © 2010 John Wiley & Sons, Ltd.

Suggested Citation

  • Hong-Min Chun & Elijah N. Munyi & Heejin Lee, 2010. "South Korea as an emerging donor: Challenges and changes on its entering OECD|DAC," Journal of International Development, John Wiley & Sons, Ltd., vol. 22(6), pages 788-802.
    • Handle: RePEc:wly:jintdv:v:22:y:2010:i:6:p:788-802
    DOI: 10.1002/jid.1723
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    References listed on IDEAS

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    1. repec:gig:chaktu:v:16:y:2008:i:3:p:7-26 is not listed on IDEAS
    2. Masahiro Kawai & Shinji Takagi, 2004. "Japan's official development assistance: recent issues and future directions," Journal of International Development, John Wiley & Sons, Ltd., vol. 16(2), pages 255-280.
    3. repec:bla:devpol:v:26:y:2008:i:5:p:555-584 is not listed on IDEAS
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    Cited by:

    1. Gustavo Javier Canavire‐Bacarreza & Eric Neumayer & Peter Nunnenkamp, 2015. "Why Aid is Unpredictable: An Empirical Analysis of the Gap Between Actual and Planned Aid Flows," Journal of International Development, John Wiley & Sons, Ltd., vol. 27(4), pages 440-463, 05-27.
    2. Seungyeon Moon & Heesang Lee, 2020. "The Role of Standards-Related Capacity Building on the Sustainable Development of Developing Countries: Focusing on the Korea’s Standards-Related AfT Case in Bolivia," Sustainability, MDPI, vol. 12(12), pages 1-16, June.
    3. James Reilly, 2012. "A Northeast Asian Model of ODA? Comparing Chinese, Japanese and Korean Official Development Assistance," Chapters, in: Christopher M. Dent & Jörn Dosch (ed.), The Asia-Pacific, Regionalism and the Global System, chapter 14, Edward Elgar Publishing.
    4. Bickenbach, Frank & Mbelu, Asithandile & Nunnenkamp, Peter, 2019. "Is foreign aid concentrated increasingly on needy and deserving recipient countries? An analysis of Theil indices, 1995–2015," World Development, Elsevier, vol. 115(C), pages 1-16.
    5. Hongying Wang, 2021. "Regime Complexity and Complex Foreign Policy: China in International Development Finance Governance," Global Policy, London School of Economics and Political Science, vol. 12(S4), pages 69-79, May.
    6. Cheryl McEwan & Emma Mawdsley, 2012. "Trilateral Development Cooperation: Power and Politics in Emerging Aid Relationships," Development and Change, International Institute of Social Studies, vol. 43(6), pages 1185-1209, November.
    7. Sung-Mi Kim, 2017. "International Perceptions of South Korea as Development Partner: Attractions and Strategic Implications," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 29(5), pages 1086-1101, November.
    8. Jamie Doucette, 2020. "Anxieties of an emerging donor: The Korean development experience and the politics of international development cooperation," Environment and Planning C, , vol. 38(4), pages 656-673, June.
    9. Serge Svizzero & Clement Allan Tisdell, 2015. "The Post-2015 Global Development Agenda: A Critical Analysis," Post-Print hal-02148980, HAL.
    10. Hak Je YU & Cornelia Alexandra LINCAN & Elena-Adina VOICILĂ, 2018. "Eu – A Stronger Global Actor: New Contexts For Eu-Korean Relations," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 10(3), pages 306-325, November.
    11. Mikitchuk, Marina, 2024. "Forming the benefit-oriented official assistance: Cross-country analysis," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 74, pages 124-143.

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