This paper evaluates the performance of South Korea’s ODA focusing on aid allocation criteria. In order for a donor to improve her aid effectiveness, she should develop aid allocation policy based on what recipients want to develop. As tracing bac...
This paper evaluates the performance of South Korea’s ODA focusing on aid allocation criteria. In order for a donor to improve her aid effectiveness, she should develop aid allocation policy based on what recipients want to develop. As tracing back the political, economic and demographic characteristics of those ODA recipients in Africa in particular, this paper investigates from which criteria South Korea has delivered different aid portfolios to those recipients between 2007 and 2012 and how substantially such selection criteria reflect universal values of those UN Millennium Development Goals as a dominant discourse in the field of development assistance as well as practical national interests of South Korea. Our empirical analyses demonstrate that while the total amount of ODA toward African recipients is gradually increasing, the focusing strategy has not been consistently used in selecting priority countries.
Besides, as the aid flow from EDCF account is increasing in aid portfolio, this trend is expected to impose another financial constraint for aid recipients in combating poverty. It is also observed that the grant aid is allocated to a wide range of sectors with a negligible amount, which indicates that such aid portfolio is less likely to enhance aid effectiveness. This research thus suggests that South Korea needs to establish its own value system and priorities in development assistance in the first place, which will be consistently applied to the official development assistance policy. At the same time, it is strongly encouraged that an optimal strategy of delivering ODA, which will satisfy both the needs of recipient and the aid effectiveness, given the limited size of ODA assets in South Korea.