Japan's Strategy for Economic Cooperation with Asian Countries

Yasuyuki Sawada

Public Policy Review, 2014, vol. 10, issue 1, 53-76

Abstract: As Asia has made remarkable progress in economic development and poverty reduction, the global balance of economic power, in which the United States, Japan and Europe have acted as the three major forces, is changing drastically. In light of the new development, this paper discusses what kind of economic cooperation strategy Japan should pursue in Asia from the perspective of the official development assistance (ODA) strategy. There is an ongoing change in the global trend of ODA, as emphasis is shifting drastically from support for growth to direct assistance for poverty reduction, from bilateral assistance to multilateral assistance, and from transfer of public funds to public-private partnership. We also see the growing importance of assistance and international cooperation provided not only by China as an emerging donor but also by South Korea, which has recently become a formal member of the Development Assistance Committee (DAC), and non-governmental organizations (NGOs) such as the Bill and Melinda Gates Foundation and private companies.

Keywords: Asia; Bangladesh; poverty reduction; official development assistance (ODA); public-private partnership; disasters; post-2015 development goals (search for similar items in EconPapers)
JEL-codes: F35 I3 O1 O53 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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