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@article{ART001952738},
author={Taekyoon Kim and Ilcheong Yi},
title={The Multiple Transformation of International Development Financing and the Centrality of ODA: In Search of South Korea’s Strategic Preparation},
journal={Journal of Regional Studies and Development},
issn={1738-3846},
year={2014},
volume={23},
number={2},
pages={1-34}

TY - JOUR
AU - Taekyoon Kim
AU - Ilcheong Yi
TI - The Multiple Transformation of International Development Financing and the Centrality of ODA: In Search of South Korea’s Strategic Preparation
JO - Journal of Regional Studies and Development
PY - 2014
VL - 23
IS - 2
PB - Institute for Poverty Alleviation and International Development: IPAID
SP - 1
EP - 34
SN - 1738-3846
AB - It is a cliché to note that the speed and expansive purview of development financing in the international aid system remain out of control. The so-called ‘multiple transformation’ for this phenomenon expresses the time-space complex in which the public financing can be randomly crosscut with private fundings, thereby challenging the existing frame of development financing that has been on the basis of official development assistance (ODA). The root cause of this multiple transformation stems from economic/financial crises of traditional donor states, which hamper them to increase or even maintain the limited scale of ODA. At this crossroad, old-fashioned ODA and new sources of development financing can be formed either in a complementary way or in a replacing manner. Also, such external changes in the field of development financing prompt us to reconceptualize the relationship between ODA and new sources of financing for development. In this regard, this study argues two fundamental points: (1) new sources should be acting as complementaries for ODA, by emphasizing the centrality of ODA; and (2) the leverage effect of ODA should be proactively utilized in order to foster the provision of global public goods.
KW - Official Development Assistance;Development Financing;Complementarity and Replacement;Leverage;Global Public Goods
DO -
UR -
ER -

Taekyoon Kim and Ilcheong Yi. (2014). The Multiple Transformation of International Development Financing and the Centrality of ODA: In Search of South Korea’s Strategic Preparation. Journal of Regional Studies and Development, 23(2), 1-34.

Taekyoon Kim and Ilcheong Yi. 2014, "The Multiple Transformation of International Development Financing and the Centrality of ODA: In Search of South Korea’s Strategic Preparation", Journal of Regional Studies and Development, vol.23, no.2 pp.1-34.

Taekyoon Kim, Ilcheong Yi "The Multiple Transformation of International Development Financing and the Centrality of ODA: In Search of South Korea’s Strategic Preparation" Journal of Regional Studies and Development 23.2 pp.1-34 (2014) : 1.

Taekyoon Kim, Ilcheong Yi. The Multiple Transformation of International Development Financing and the Centrality of ODA: In Search of South Korea’s Strategic Preparation. 2014; 23(2), 1-34.

Taekyoon Kim and Ilcheong Yi. "The Multiple Transformation of International Development Financing and the Centrality of ODA: In Search of South Korea’s Strategic Preparation" Journal of Regional Studies and Development 23, no.2 (2014) : 1-34.

Taekyoon Kim; Ilcheong Yi. The Multiple Transformation of International Development Financing and the Centrality of ODA: In Search of South Korea’s Strategic Preparation. Journal of Regional Studies and Development, 23(2), 1-34.

Taekyoon Kim; Ilcheong Yi. The Multiple Transformation of International Development Financing and the Centrality of ODA: In Search of South Korea’s Strategic Preparation. Journal of Regional Studies and Development. 2014; 23(2) 1-34.

Taekyoon Kim, Ilcheong Yi. The Multiple Transformation of International Development Financing and the Centrality of ODA: In Search of South Korea’s Strategic Preparation. 2014; 23(2), 1-34.

Taekyoon Kim and Ilcheong Yi. "The Multiple Transformation of International Development Financing and the Centrality of ODA: In Search of South Korea’s Strategic Preparation" Journal of Regional Studies and Development 23, no.2 (2014) : 1-34.