South Korea to increase development assistance

The government of South Korea has announced that it will increase its foreign aid, according to AsiaNews:

Korea spent 0.06 per cent of its Gross National Income (GNI) in development assistance in 2004, which some say is too small for the size of its economy, the 12th largest in the world.

Although South Korea’s spending in development assistance rose to 0.09 percent of GNI last year, it is still far from the United Nations recommendation of 0.7 per cent of the economy.

After Minister of Foreign Affairs and Trade Ban Ki-moon announced his run for the UN secretary-general’s position, it was pointed out that Korea should raise its development spending to improve its voice in the global community.

So a country has advanced their foreign minister to be UNSG and yet they barely participate in one of the most important parts of the UN agenda, development. And then the year before running for UNSG, they increase their aid by about 50%.

Now in March, South Korea announced that they were increasing aid to Africa by $100m:

South Korean President Roh Moo-hyun announced during his trip to Nigeria in March that his country will triple its Official Development Assistance budget for Africa to approximately US$100 million by 2008.

So what countries will receive this money? We know some. $18m was promised to Tanzania, a UNSC member. We know that more was promised to Ghana, another UNSC member. We have heard that substantial aid has been offered to other countries, but we have not been able to document this.

Note that this is not unheard of. A recent study out of Harvard University found that, “on average, a non-permanent member of the council enjoys a 59- per-cent increase in total aid from the United States and an 8-per- cent increase in total development aid from the United Nations.”

It would be interesting to know the country-by-country breakdown of recent increases in South Korean development assistance.

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7 Responses to “South Korea to increase development assistance”

  1. Anna Says:

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  2. chapter15 Says:

    Our site is not backing any candidate. We are hoping to increase the transparency and public understanding of the process.

    Do you disagree with any of the facts that have been presented?

  3. Washington Post Columnist Questions Ban for US « Chapter15 Says:

    [...] Chapter15 Looking at the race for the next UN Secretary General « South Korea to increase development assistance [...]

  4. Times of London reports on Ban’s vote buying « Chapter15 Says:

    [...] We have said that this is an extremely important issue and deserves a higher level of scrutiny. Now a mainstream newspaper has documented the charges. The basic framing is: Mr Ban announced his bid in February and has since been criss-crossing the globe trying to win support. A month later South Korea announced that it would treble its aid budget to Africa to $100 million (£53 million) by 2008. Seoul then contributed tens of thousands of pounds to sponsor this year’s African Union summit in the Gambia in July, when Mr Ban declared 2006 to be “the Year of Africa” for South Korea. [...]

  5. Trips and Aid by Ban « Chapter15 Says:

    [...] Increase in total aid by a substantial amount in the years immediately preceding Ban’s candidacy. [...]

  6. Ban’s trips and aid: A summary « Chapter15 Says:

    [...] Increase in total aid by a substantial amount in the years immediately preceding Ban’s candidacy. [...]

  7. capitulation Says:

    capitulation

    South Korea to increase development assistance | Chapter15

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