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Analysis on Latin America's Aid Demand and Suggestions for the Priority Sectors

Kisu Kwon (), Jin-O Kim (), Misook Park (), Ju Young Lee () and Si un Yi ()
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Kisu Kwon: Korea Institute for International Economic Policy
Jin-O Kim: Korea Institute for International Economic Policy
Misook Park: Korea Institute for International Economic Policy
Ju Young Lee: Korea Institute for International Economic Policy
Si un Yi: Korea Institute for International Economic Policy

No 14-4, World Economy Brief from Korea Institute for International Economic Policy

Abstract: In recent years, the relatively high in-comes achieved by countries in Latin America have ruled them out as partners for development cooperation. However, 30% of its population still lives under the poverty level, while both income disparity and rural-urban disparity remain high, which point to a high demand for development cooperation. Therefore, this study conducted a quantitative analysis to identify priority sectors and suggest sectoral plans for the official development assis-tance (ODA) toward Latin American countries. For a more effective analysis, we take into consideration the region's political and economic situation, its progress in Millennium Development Goals (MDG) and related achievements, and possible benefits for the region. Lastly, based on this analysis, we evaluated the environ-ment of the development cooperation of the region.

Pages: 4 pages
Date: 2014-01-16
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