OECD Development Co-operation Peer Reviews: Korea 2018

image of OECD Development Co-operation Peer Reviews: Korea 2018

Korea is often cited as a leading example of how sound economic policies can drive growth and development, blazing a trail from poverty to advanced industrialisation throughout the 1970s and 1980s. Building on its reputation as a development success, Korea now plays a highly valued role on the global stage, sharing its knowledge with others and helping to bridge the divide between developing and developed country interests. Among other issues, this review looks at how Korea shares its own impressive development experience with others and how it is dealing with key challenges in co-ordinating grants and loans across government. It also explores how Korea is expanding its aid programme to work on new priorities such as assistance to fragile and crisis-affected countries.



Korea's results, evaluation and learning

Korea has made good progress in recent years in managing for results at the project level. In order to be able to use results to plan and budget at a more strategic level in the future, Korea will need to develop a stronger concept of what constitutes success. It will also need to clarify how to measure performance across its development co‑operation, including by drawing on data and systems from partner countries. Achieving this will require leadership and incentives to drive a results-based culture across the entire system so that Korea can learn and adapt based on experience, as well as ensuring that results contribute to the Sustainable Development Goals across partner countries and themes.


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