• The Journal of Industrial Distribution & Business
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• v.10 no.1
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• pp.69-76
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• 2019

Purpose - The purpose of this paper is to empirically investigate the effectiveness of Offcial Development Assistance (ODA) in recipient countries' economy. ODA is designed to mitigate poverty and stimulate economic growth in the developing countries. We classify total ODA into bilateral ODA and multilateral ODA depending on the number of donor countries. If the ODA flows from one donor country to one recipient country, it is classified as bilateral ODA. If the multiple countries simultaneously become donor countries through the international organizations such as United Nations and World Bank, it is classified as multilateral ODA. This paper compares the effect of bilateral ODA and multilateral ODA in determining recipient countries' economic development, and tries to provide policy implications to Korean ODA. Research design, data, and methodology - Our primary explanatory variables are bilateral and multilateral ODA. Private credit in recipient countries is adopted as additional explanatory variables to capture the level of financial development in recipient countries. We measure the ODA effectiveness using economic growth and quality of life of the recipient countries as the dependent variable. We collect 142 recipient countries' data from OECD statistics, during the period from 1970-2014. Panel least squares estimation with country fixed effect is employed as the empirical model. Results - Our results support that ODA variable has a negatively significant impact on recipient countries' economic growth, while it is positively correlated with human development index. Recipient countries' private credit is positively correlated with economic growth and human development index. The interaction variable of ODA and financial development turns out to be significant in general. We find that the positive effect of ODA depends on recipient countries' financial market development and this effect is stronger in multilateral aid than bilateral one. Conclusions - From the analysis, we have confirmed that the recipient countries financial development is the necessity condition to achieve positive effect of ODA. Based on these results, we suggest that Korean government should increase the share of multilateral funding and pay attention to recipient countries' financial market development to maximize the effectiveness of ODA.

• Proceedings of the Korea Water Resources Association Conference
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• 2015.05a
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• pp.117-117
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• 2015

공적개발원조(Official Development Assistance; 이하 ODA)는 세계 평화와 인류 공영에 이바지하기 위하여 개발도상국 또는 국제기구에 공여하는 증여(Grant) 및 양허적 성격의 차관(Concession Loan)으로(한국환경산업기술원, 2013), 당해 사업의 추진방식은 크게 양자간 원조와 다자간 원조 방식으로 구분된다. 양자간 원조는 공여국으로부터 수원국으로 원조자원이 직접 전달되는 방식인 반면, 다자간 원조방식은 IMF, ADB, IBRD, WB, EBRD, IDA 등 국제개발은행(MDB, Multilateral Development Bank) 및 UN 등에 출자 또는 출연됨으로써 간접적으로 원조자원이 전달되는 방식이다(오지택, 2012). 그리고 양자간 원조방식은 프로젝트 참여 국가를 제한하느냐, 제한하지 않느냐에 따라 구속성 원조(tied)와 비구속성(un-tied) 방식으로 구분된다. 그런데 이러한 양자간 ODA 원조 방식에 변화의 바람이 일고 있다. 국제 사회에서는 ODA 원조의 효과성 제고라는 명분하에 공여국들에게 원조방식의 비-구속성 원조를 촉구, 그 규모가 빠르게 증가하고 있다. 즉 ODA 비구속성 원조를 중심으로 한 또 하나의 시장이 성장하고 있는 것이다. 이에 본 논고에서는 ODA, 특히 물 관련 ODA 자금의 미래 성장 가능성을 살펴보고, 나아가 시장 분포, 프로젝트 특성 등을 살펴보고자 한다.

• Journal of International Area Studies (JIAS)
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• v.14 no.3
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• pp.421-440
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• 2010

This paper examines middle powers' ODA policy in the post cold war era and discusses its implication for Korean aid strategy. Middle powers' ODA has been more successful than that of super powers in promoting donors' positive images and in stimulating recipient countries' development. Middle powers tend to pursue multilateral solutions to international problems often by taking a mediator role, and their ODA policies set them apart from the great players in international politics. Middle powers' ODA is primarily aimed at reducing poverty and protecting human rights in least developed countries where humanitarian aid needs the most rather than promoting donors' interests. Also, middle powers have provided bilateral untied aid in the sectors of food aid and emergency relief and steadily devoted about 0.7% of their gross national income to ODA. Meanwhile, Korea as an emerging middle power and a new donor has been implementing its own aid strategy under the name of the Korean development model since the post cold war period. The Korean ODA was not successful in building donors' positive images by simply following the short term strategies of US and Japan. Yet, its ODA policy has been quite effective in sustaining local development by creating specific niches in which the country can specialize in. In specific, Korea has focused on developing the sectors of information and communication technology and industry energy in recipients' countries by maximizing its comparative advantage.

• Journal of Korean Society of Forest Science
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• v.109 no.2
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• pp.223-230
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• 2020

Central Asia has great growth potential for cooperation as the Korean Official Development Assistance (ODA) program expands and diversifies. In the case of the forest sector, Korea's successful greening experience has attracted interest from countries in Central Asia. In particular, the depletion of the Aral Sea and a widespread environmental degradation should motivate regional cooperation as well as highlights the need to establish a multilateral cooperative system. The limitation of existing bilateral cooperation, which is the limitation of South-South cooperation, is underscored by the engagement of new donors or the multilateral cooperation and triangular cooperation of organizations is receiving new attention. In addition, Central Asia is suitable for implementing the basic concepts of triangular cooperation. Korea is able to make complementary regional agreements using friendly partnerships with Kazakhstan (the Emerging Donor) and Uzbekistan (the second South Korean Focus Country of ODA). To reinterpret the basic concept of triangular cooperation, three regional cooperation strategies for Central Asia are proposed in this study: windbreak forest development to guarantee resident settlement, resident income increase, and protection of the Aral Sea from further degradation.

• International conference on construction engineering and project management
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• 2020.12a
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• pp.381-386
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• 2020

Global construction and engineering consulting (E&C) firms are actively seeking entry into overseas markets based on loan projects from multilateral development banks to provide a basis for entry into overseas markets and sustainable growth. Bids on these projects are competitive between global top firms in terms of the technical level and price due to the limited number of projects; thus, developing a successful partnership to complement competence has become an essential element to win bids. In this regard, many studies have analyzed enterprises through characteristic analyses or the derivation of influential factors from the past social networks based on social network analysis (SNA). However, few studies have been conducted to reflect the process of changes to analyze collaborative relationships. Thus, this study aims to identify dynamic changes in past social networks and develop a model that can predict changes in the relationships between E&C firms based on similarities or differences between firms, presenting a methodology to target firms for appropriate collaboration. The analysis results demonstrate that the sensitivity of the developed prediction model was 70.26%, which could accurately predict 163 out of 232 actual cooperative cases.