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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.

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Korea's structure and systems

Korea is continuing work to centralise authority for its development co-operation under its Prime Minister’s control, with the Committee for International Development Cooperation acting as a central control tower for decision making and co-ordination. Since the DAC’s 2012 peer review, the committee’s mandate has expanded, providing for a stronger role in strategic policy direction and co-ordination across government. However, at the same time, a renewed focus on centralising project-level decision making in Seoul is increasing headquarters responsibility for operational activities, limiting the time available for strategic discussions and restricting flexibility in the field to respond to challenges as they arise.

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