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Foreign Aid and Development in South Korea and Africa Kelechi A. Kalu

Foreign Aid and Development in South Korea and Africa By Kelechi A. Kalu

Foreign Aid and Development in South Korea and Africa by Kelechi A. Kalu


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Summary

This book compares the rapid development of South Korea over the past seventy years with selected countries in sub-Saharan Africa to assess what factors contributed to the countrys success story, and why it is that countries which were comparable in the past continue to experience challenges in achieving and sustaining economic growth.

Foreign Aid and Development in South Korea and Africa Summary

Foreign Aid and Development in South Korea and Africa: A Comparative Analysis of Economic Growth by Kelechi A. Kalu

This book compares the rapid development of South Korea over the past 70 years with selected countries in sub-Saharan Africa to assess what factors contributed to the countrys success story, and why it is that countries that were comparable in the past continue to experience challenges in achieving and sustaining economic growth.

In the 1950s, South Koreas GDP per capita was $876, roughly comparable with that of Cote dIvoire and somewhat below Ghanas. The countrys subsequent transformation from a war-ravaged, international aid-dependent economy to the 13th largest economy in the world has been the focus of considerable international admiration and attention. But how was it that South Korea succeeded in multiplying its GDP per capita by a factor of 23, while other Less Developed Countries continue to experience challenges? This book compares South Koreas politics of development and foreign assistance with that of Ghana, Nigeria, and Zambia, which were also major recipients of the U.S. aid, to investigate the specific contexts that made it possible for South Korea to achieve success. Overall, this book argues that effective state capacity in South Koreas domestic and international politics provided an anchor for diplomatic engagement with donors and guided domestic political actors in the effective use of aid for economic development.

This book will be of interest to researchers and students working on development, comparative political economy, and foreign aid, and to policy makers and practitioners looking for a greater understanding of comparative development trajectories.

About Kelechi A. Kalu

Kelechi A. Kalu is the Founding Vice Provost of International Affairs and Professor of Political Science at The University of California, Riverside, U.S.A. He serves on the Board of Governors for the Congo Basin Institute and as a YALI Ghana Regional Center Global Ambassador.

Jiyoung Kim is Associate Professor in the Department of Political Science and International Relations at Soongsil University in Seoul, Korea. She serves on the Advisory Committee for Korean Association of International Cooperation Agency (KOICA), Ministry of Foreign Affairs of Republic of Korea.

Table of Contents

1. Introduction: Politics, Institutions, Donor and Recipient Relationships 2. South Korea: A Case of Effective Aid 3. Ghana: A Case of Aid Success? 4. The Politics of U.S. Aid to Nigeria 5. Zambia: Aid Dependency and Dependent Development 6. Myanmar: A Sub-Saharan African Case in Southeast Asia 7. A Comparative Analysis of Foreign Aid and Development in South Korea and African Countries 8. Conclusion: Toward Sustainable Donors and Recipients Partnership Appendix A Macroeconomic Indicators, Selected Countries Appendix B Top 10 Donors, Selected Countries

Additional information

NPB9780367752125
9780367752125
0367752123
Foreign Aid and Development in South Korea and Africa: A Comparative Analysis of Economic Growth by Kelechi A. Kalu
New
Hardback
Taylor & Francis Ltd
2021-08-16
276
N/A
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