22
Oct
The landscape around ODA has been changing in relation to other types of development cooperation including the initiatives by the middle-income and emerging countries listed below. They have increased their economic and political presence while developing their economies, where for example their GDP growth is around 5% or sometimes close to 10%, even under the global economic depression. The amount of ODA they receive has been decreasing, to almost zero or below zero in some courtiers, because they have just returned their ODA loans. This phenomena has occurred not only in the so-called BRICS countries (Brazil, Russia, India, China, and South Africa), but also in ASEAN and Arab countries, and their economic booms are in sharp contrast to the economic recession in developed countries.
Moreover, the southern countries are interested in becoming involved in development assistance as ODA providers or actors of SSC/TDC in this economic situation. SSC has received
considerable attention as a philosophy for development since the 1960s. The relevance of SSC arises as one developing country’s experience can be replicated in other co-developing countries. However, SSC has not been undertaken only for development assistance to other developing countries but for partnership and solidarity in development. As the level of development of those countries, SSC has attracted more developing countries. In addition, due to the aid effectiveness movement in the developed world, traditional donors have started exploring the possibility of TDC.
Access the full JICA report here: http://ssc.undp.org/content/dam/ssc/dgspaces/Japan/files/Japan%20-%20An%20Overview%20of%20South-South%20Cooperation%20and%20Triangular%20Cooperation.pdf