Effective Aid and Development Cooperation in South Korea

Ilcheong Yi, Olive Cocoman, You-ah Chung and Hyunjoo Rhee

Chapter 9 in Learning from the South Korean Developmental Success, 2014, pp 197-215 from Palgrave Macmillan

Abstract: Abstract Over the last two decades, there has been an increasing demand for more effective aid. The principles underlying the Accra Agenda for Action, the Five Principles of the Paris Declaration and the Busan Global Partnership for Effective Development Cooperation are the manifestation of the recognition that under certain conditions aid can be more effective for development. One of the major questions left incompletely resolved is which institutions and policies are needed to realize these principles and consequently make aid more effective for development. South Korea, which transformed from a heavily aid-dependent economy to an economic, social and political successful one, appears to offer an interesting case from which we can draw many lessons.

Keywords: Gross Domestic Product; Foreign Policy; Industrial Policy; Land Reform; Gross Domestic Product Growth (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:sopchp:978-1-137-33948-5_9

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DOI: 10.1057/9781137339485_9

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