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Global Development Cooperation Governance and Korea
Korea: From Least Developed Recipient to Exemplary Donor
Korea joined the Organisation for Economic Co-operation and Development (OECD) Development Assistance Committee (DAC) on November 25, 2009, transitioning from a least developed country receiving aid to a developed country providing aid. Upon becoming a DAC member, the Korean government enacted the "Framework Act on International Development Cooperation" at the end of 2009 and established the "Committee for International Development Cooperation" under the Prime Minister's Office. With the Framework Act taking effect in 2010, on October 25, the government finalized and announced the "Plan for Advancing International Development Cooperation," which aimed to expand Official Development Assistance (ODA) to approximately 0.25 percent of Gross National Income (GNI) by 2015, maintain a grant-to-loan ratio of around 4:6, and increase the non-tied aid ratio to 75 percent. Furthermore, in November 2011, Korea hosted the 4th High-Level Forum on Aid Effectiveness (HLF4) in Busan, demonstrating its efforts to actively participate not only in regional development cooperation within Asia but also in global governance related to development cooperation.
21st Century Development Cooperation Governance and Korea's Role
Despite these visible achievements, Korea's vision and goals for development cooperation, as well as the strategies to achieve them, are still in the initial stages of refinement. Establishing a nation's role in new domains and formulating strategies is never an easy task. It requires first recognizing the unique characteristics of the field of international development cooperation. Additionally, it is necessary to pay attention to changes in the global environment and understand the position of development cooperation within that context. Based on this understanding, it is crucial to develop specialized roles that Korea can uniquely fulfill in development cooperation, drawing upon its own experiences, and to formulate strategies that address weaknesses through diagnosis and countermeasures. This is not merely a matter of acquiring frameworks already established by developed countries and following suit; it demands an active and creative process of establishing new frameworks and new roles in response to the evolving environment.
《Global Development Cooperation Governance and Korea》 is comprised of five chapters, covering a historical overview of Korea's development cooperation activities, the limitations stemming from the specific nature of the international development cooperation architecture and the need for new strategy development, the history of international development cooperation and changes in Korea's role, an analysis of donor countries' development cooperation strategies today, and recommendations for formulating Korea's development cooperation strategy in the 21st century.
Through this book, the East Asia Institute hopes to enhance understanding of the newly emerging field of international development cooperation and foster active discussions for the development of Korea's role in this area and the formulation of its foreign policy.
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| "This book has been written with the aim of contributing to the effectiveness and accountability of the global development cooperation architecture, which is being newly formed, as Korea actively responds to domestic and international changes as a principal actor in development cooperation. We sincerely hope that these efforts will contribute to the organization of the domestic perception community in its endeavor to creatively build Korea's development cooperation strategy." — From the Preface |
Table of Contents
Preface Development Cooperation Strategies | Suk-Jong Lee
Chapter 1 Overview and Current Status of Korea's Development Cooperation | Moonjung Cha
Chapter 2 Development Cooperation Architecture | Yeol Son
Chapter 3 Historical Development of Development Cooperation | Jeongwoo Koo
Chapter 4 Development Cooperation Policies of Major Donor Countries | Seungjoo Lee
Chapter 5 Korea's Development Cooperation Agenda | Taegyun Kim
Appendix Key Official Documents
The original manuscript of this book is partially released for the convenience of readers.
*This text is an AI translation of an original written in Korean. Some translations or nuances may be inaccurate.