Abstract
AbstractThis study estimates the responsiveness of Korean aid to recipient countries' socio‐economic development needs and the strategic and commercial interests of Korea, with implications for other emerging and Development Assistance Committee (DAC) donors. For this purpose, fixed effects regression models are used for the allocation of aid by the Korea International Cooperation Agency (KOICA) to 157 recipient countries over the period 2004–2008. The results contrast sharply with the trend seen in DAC member countries. KOICA's aid allocations are consistent with neither socio‐economic development and poverty‐reduction objectives of aid, nor much of the strategic and commercial interests of Korea. Copyright © 2012 John Wiley & Sons, Ltd.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
