Session
[1-C] Trends in Korea’s Official Development Assistance Following Economic Developments
Date- May 27 (Fri.)
Time- 14:00 ~ 15:10
Organization
Room- Crystal Hall C
<Case of Korea-Azerbaijan Official Aid>
As part of KOICA’s knowledge aid project, the Institute for Industrial Policy Studies (IPS) shares its experience of and strategies for attracting foreign direct investment into Korea. It helps to develop policies and models for FDI from Azerbaijan, to support the relevant institutions by training specialists, and to create a cooperative model for both countries.
<Current Status of and Prospects for Korean Foreign Aid>
After the War II and the Korean War, South Korea, as one of the poorest countries in the world, was a recipient of ODA. In 2010, it joined the DAC of the OECD and became a donor country. South Korea is the only recipient country that became a donor country after World War II. South Korea is now at the point where it needs to enhance its international status as a Middle Soft Power pursuing internationally universal values, i.e., poverty reduction and sustainable growth for the world’s poorest countries, and to create a Korean model of development cooperation that serves South Korea’s national interests in a balanced manner. This session will explore the great transformation in South Korea’s ODA policy and offer practical measures from a broad perspective.
- Main Speakers
PAIK Gwon-ho (President, Yeungnam University Social Education Center / Director, China Research Center)
AHN Choong-yong (Professor, International Studies of Chung-Ang University / Chairman, Presidential Regulatory Reform Committee)
As part of KOICA’s knowledge aid project, the Institute for Industrial Policy Studies (IPS) shares its experience of and strategies for attracting foreign direct investment into Korea. It helps to develop policies and models for FDI from Azerbaijan, to support the relevant institutions by training specialists, and to create a cooperative model for both countries.
<Current Status of and Prospects for Korean Foreign Aid>
After the War II and the Korean War, South Korea, as one of the poorest countries in the world, was a recipient of ODA. In 2010, it joined the DAC of the OECD and became a donor country. South Korea is the only recipient country that became a donor country after World War II. South Korea is now at the point where it needs to enhance its international status as a Middle Soft Power pursuing internationally universal values, i.e., poverty reduction and sustainable growth for the world’s poorest countries, and to create a Korean model of development cooperation that serves South Korea’s national interests in a balanced manner. This session will explore the great transformation in South Korea’s ODA policy and offer practical measures from a broad perspective.
- Main Speakers
PAIK Gwon-ho (President, Yeungnam University Social Education Center / Director, China Research Center)
AHN Choong-yong (Professor, International Studies of Chung-Ang University / Chairman, Presidential Regulatory Reform Committee)
