Japanese Economic Cooperation

Yutaka Kosai and Kenji Matsuyama

The ANNALS of the American Academy of Political and Social Science, 1991, vol. 513, issue 1, 62-75

Abstract: Japanese official development assistance (ODA) totaled $9.13 billion in 1988, which put Japan neck and neck with the United States for the title of largest aid-donor country. In the few decades since joining the Development Assistance Committee in 1961, Japan has steadily increased its aid effort until the country is now one of the major sources of economic cooperation. This article first outlines the characteristics of Japanese ODA—such as its emphasis on loans to Asia—and then discusses the various factors that have shaped these characteristics. In recognition of the fact that yen credits are central to Japanese assistance, the significance and impact of those yen credits are then examined. Finally, some recent developments in Japanese assistance and some issues that remain to be resolved are reviewed.

Date: 1991
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Persistent link: https://EconPapers.repec.org/RePEc:sae:anname:v:513:y:1991:i:1:p:62-75

DOI: 10.1177/0002716291513001006

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