Motivations for Bilateral Aid Allocation in Korea: Humanitarian, Commercial, or Diplomatic?
- Authors
- Park, Bokyeong; Lee, Hongshik
- Issue Date
- 2015
- Publisher
- MIT PRESS
- Citation
- ASIAN ECONOMIC PAPERS, v.14, no.1, pp.180 - 197
- Indexed
- SSCI
SCOPUS
- Journal Title
- ASIAN ECONOMIC PAPERS
- Volume
- 14
- Number
- 1
- Start Page
- 180
- End Page
- 197
- URI
- https://scholar.korea.ac.kr/handle/2021.sw.korea/96238
- DOI
- 10.1162/ASEP_a_00335
- ISSN
- 1535-3516
- Abstract
- This study investigates Korea's motivations for foreign aid allocation, analyzing panel data from over 180 countries for the last 20 years. The results show that Korea's aid allocation reflects both recipient needs and Korea's own national interests but does not consistently consider aid effectiveness. Korean aid is also characterized by its use as an instrument of both summit diplomacy and resource security. In addition, its commercial motivations appear to have shifted over time, from export promotion to overseas investment support. Despite internal and external pressures, there is no obvious evidence that Korea's allocation rule converges with international guidelines that recommend greater consideration of recipient needs and aid effectiveness and less consideration of donor interests.
- Files in This Item
- There are no files associated with this item.
- Appears in
Collections - College of Political Science & Economics > Department of Economics > 1. Journal Articles
Items in ScholarWorks are protected by copyright, with all rights reserved, unless otherwise indicated.