Premium
Why Untie Aid? An Empirical Analysis of the Determinants of South Korea's Untied Aid from 2010 to 2013
Author(s) -
Chung Soyoon,
Eom Young Ho,
Jung Heon Joo
Publication year - 2016
Publication title -
journal of international development
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.533
H-Index - 66
eISSN - 1099-1328
pISSN - 0954-1748
DOI - 10.1002/jid.3195
Subject(s) - government (linguistics) , corporate governance , political science , aid effectiveness , development aid , good governance , development economics , economics , developing country , public administration , economic growth , law , finance , philosophy , linguistics
Abstract As untying aid was widely considered key to enhancing aid effectiveness, the South Korean government decided to increase the share of untied aid. While the share increased substantially in recent years, considerable variation exists in the proportion of untied aid provided to different recipient countries. This article explores the reasons why. We identify three key variables: international factors, economic interests and recipient country governance. By analysing South Korea's aid data for the period 2010–2013, we find that Korea's aid‐untying practice is affected by international norms and the recipient country's governance, but not by peer pressure and economic interests. Copyright © 2015 John Wiley & Sons, Ltd.