Development cooperation

Abstract

This chapter argues that Korean development cooperation has come of age. It is an established development donor, which creates opportunities for the European Union to further develop partnerships and collaboration with Korea for development cooperation. The alignment of South Korea with the practices of established donors is assumed to contribute to the perception of South Korea becoming a middle power in global affairs which tries to influence international agendas on for a such as the G20. The chapter analyses the destinations of Korean aid with respect to both geography and sector. As a donor, the Korean development cooperation policy has undergone marked changes in its early history. The chapter also analyses the recipients of Korean development cooperation aid, and shows an increased diversification of countries with which Korea engages and a diversification of factors influencing this choice.

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