Are South Korean people willing to pay for official development assistance for building renewable power plants in developing countries?

Energy Policy ◽  
2018 ◽  
Vol 118 ◽  
pp. 626-632 ◽  
Author(s):  
Hyo-Jin Kim ◽  
Hye-Jeong Lee ◽  
Seung-Hoon Yoo
Keyword(s):  
Developing Countries ◽  
Power Plants ◽  
Development Assistance ◽  
Official Development Assistance ◽  
Korean People ◽  
South Korean ◽  
Renewable Power

scholarly journals Dynamic Relationships between Mega Projects and Official Development Assistance: Case of South Korean Infrastructure Construction Projects in ASEAN’s Developing Countries

2018 ◽  
Vol 10 (12) ◽  
pp. 4491 ◽  
Author(s):  
Suk-Won Lee ◽  
Jae-Keun Jeon
Keyword(s):  
Developing Countries ◽  
Construction Projects ◽  
Development Assistance ◽  
Construction Project ◽  
National Income ◽  
National Development ◽  
Official Development Assistance ◽  
Construction Market ◽  
South Korean ◽  
Dynamic Relationship

In developing countries, infrastructure construction projects are sometimes recognized as mega projects that are important for national development. Such projects are usually implemented as official development assistance (ODA). However, the correlation between the size of ODA and the infrastructure construction project orders gained cannot be completely confirmed. South Korea gives constant aid to developing countries and increases the budget of ODA simultaneously in order to select which country’s construction market to advance. The largest portion of South Korea’s aid continues to be provided to Asian countries. This study analyzes the dynamic relationship between South Korea’s ODA to the Association of Southeast Asian Nations (ASEAN) developing countries and the economic fluctuations represented by infrastructure construction projects, gross domestic product (GDP), gross national income (GNI), and foreign direct investment (FDI). The analysis result shows that the scale of ODA is synergistic to the number of infrastructure construction project orders awarded. In other words, as ODA increases, developing countries can continue to construct infrastructure, and South Korean companies can improve their performance in overseas construction projects in cooperation with those countries. The results of this study can be used as basic data for the decision-making of donor countries when selecting a country’s construction market to advance.

scholarly journals Impact of foreign direct investment, remittances and official development assistance on economic growth: panel data approach

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Amna Zardoub ◽  
Faouzi Sboui
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Foreign Direct Investment ◽  
Panel Data ◽  
Direct Investment ◽  
Development Assistance ◽  
Business Environment ◽  
Official Development Assistance ◽  
Financial Flows ◽  
Content Type

PurposeGlobalization occupies a central research activity and remains an increasingly controversial phenomenon in economics. This phenomenon corresponds to a subject that can be criticized through its impact on national economies. On the other hand, the world economy is evolving in a liberalized environment in which foreign direct investment plays a fundamental role in the economic development of each country. The advent of financial flows – FDI, remittances and official development assistance – can be a key factor in the development of the economy. The subject of this article is to analyses the effect of financial flows on economic growth in developing countries. Empirically, different approaches have been employed. As part of this work, an attempt was made to use a panel data approach. The results indicate ambiguous effects and confirm the results of previous work.Design/methodology/approachThe authors seek to study the effect of foreign direct investment, remittances and official development assistance (ODA) and some control variables i.e. domestic credit, life expectancy, gross fixed capital formation (GFCF), inflation and three institutional factors on economic growth in developing countries by adopting the panel data methodology. Then, the authors will discuss empirical tests to assess the econometric relevance of the model specification before presenting the analysis of the results and their interpretations that lead to economic policy implications. As part of this work, the authors have rolled panel data for developing countries at an annual frequency during the period from 1990 to 2016. In a first stage of empirical analysis, the authors will carry out a technical study of the heterogeneity test of the individual fixed effects of the countries. This kind of analysis makes it possible to identify the problems retained in the specific choice of econometric modeling to be undertaken in the specificities of the panel data.FindingsThe empirical results validate the hypotheses put forward and indicate the evidence of an ambiguous effect of financial flows on economic growth. The empirical findings from this analysis suggest the use of economic-type solutions to resolve some of the shortcomings encountered in terms of unexpected effects. Governments in these countries should improve the business environment by establishing a framework that further encourages domestic and foreign investment.Originality/valueIn this article, the authors adopt the panel data to study the links between financial flows and economic growth. The authors considered four groups of countries by income.

scholarly journals Efektivitas Official Development Assistance Jepang terhadap Negara Resipien

2015 ◽  
Vol 1 (2) ◽  
pp. 168
Author(s):  
Sarah Anabarja
Keyword(s):  
Developing Countries ◽  
Development Strategy ◽  
Technical Assistance ◽  
Technological Development ◽  
Development Assistance ◽  
Recipient Country ◽  
Official Development Assistance ◽  
Foreign Assistance ◽  
Advanced Technology ◽  
Export Credit

Japan has been well-known due to its advanced technology innovation particularly in the field of industrial technology. Some Japanese manufactures that based on technological development have become the main supplier of high-technology goods in many countries in the world most importantly in Asia. Since 1970s, Japan government has implemented its foreign assistance called Official Development Assistance (ODA) to developing countries including Indonesia. Japan has assisted the developing countries through its export-credit program. This paper will discuss the effectiveness of ODA and its implementation. In the first part of this paper, it will elaborate the history and structure of Japan’s ODA. In the next part, it will also explain the successful achievement of this program. Besides, it will also examine whether or not the implementation of this assistance has effectively reached its target and goals. The understanding of essential component of development strategy to increase the ODA’s effectiveness is related with the usage of that assistance in the recipient country. This perception is in line with Kevin Morrison (2000) saying the four elements of foreign assistance’s effectiveness particularly the technical assistance of Japan.

scholarly journals Social Preferences for Small-Scale Solar Photovoltaic Power Plants in South Korea: A Choice Experiment Study

2018 ◽  
Vol 10 (10) ◽  
pp. 3589 ◽  
Author(s):  
Hye-Jeong Lee ◽  
Sung-Yoon Huh ◽  
Seung-Hoon Yoo
Keyword(s):  
Choice Experiment ◽  
Power Plants ◽  
Large Scale ◽  
Preference Heterogeneity ◽  
Small Scale ◽  
Solar Photovoltaic ◽  
The South ◽  
Korean People ◽  
South Korean ◽  
Electricity Bill

To reduce greenhouse gas emissions, the South Korean government plans to expand the installation of small-scale solar photovoltaic (SPV) power plants, which do not occupy large spaces and have a smaller environmental impact than large-scale SPV power plants. This article applies a choice experiment to evaluate quantitatively the value given by people to the attributes of the installation of small-scale SPV power plants. To reflect the preference heterogeneity of South Korean people, a Bayesian estimation of a mixed-logit model is successfully performed. According to the results, South Korean people consider the electricity bill, the operating body, and the installation location as being more important than other attributes. The respondents prefer small-scale SPV power plants that are located in residential areas, have a large scale of installation, are operated by a private corporation and produce electricity for self-consumption. For these attributes, the South Korean people are willing to pay an additional electricity bill of South Korean won (KRW) 4286/month, KRW 3712/kW, KRW 2885/month and KRW 3731/month, respectively. The results provide meaningful implications regarding the aspects of installation on which the government should focus. In addition, the results can be utilized in policy making and decision making related to the installation of small-scale SPV power plants.

THE IMPACTS OF BIASED RESOURCE ALLOCATION ON THE EFFECTIVENESS OF OFFICIAL DEVELOPMENT ASSISTANCE

2018 ◽  
Vol 65 (01) ◽  
pp. 239-256
Author(s):  
SUNG-KO LI ◽  
CHUN-KEI TSANG
Keyword(s):  
Economic Growth ◽  
Resource Allocation ◽  
Developing Countries ◽  
Data Envelopment Analysis ◽  
Development Assistance ◽  
Official Development Assistance ◽  
Data Envelopment ◽  
Allocation Of Resources ◽  
Negative Impacts

Many developing countries are receiving official development assistance (ODA). Whether ODA is beneficial or harmful to the receiving country is controversial in the literature. This paper analyzes this issue from a new angle by adopting the framework of competitiveness which allows us to link resource allocation with economic growth. Under this framework, we point out that the mechanism of resource allocation influences the effectiveness of ODA on economic growth. By applying data envelopment analysis (DEA) to competitiveness, we capture the effects of inefficient and biased allocation of resources on ODA. The data confirm the co-existence of positive and negative impacts of ODA. Finally, we conclude that current ODA is not efficient in helping most of the receiving countries.

scholarly journals Cultural-Grant Aid in Astronomy for Developing Countries from the Japanese Government

2001 ◽  
Vol 24 (3) ◽  
pp. 312-313
Author(s):  
Masatoshi Kitamura
Keyword(s):  
Developing Countries ◽  
Latin American ◽  
Development Assistance ◽  
Official Development Assistance ◽  
Japanese Government ◽  
High Grade ◽  
Latin American Countries

AbstractIn order to promote education and research in developing countries, the Japanese Government began in 1982 providing high-grade equipment within the scheme of its ODA (Official Development Assistance). Since then, for astronomical development, twelve planetaria have been donated to eleven countries and seven reflecting telescopes, with accessories, have been installed in Asian and Latin-American countries.

POLICY AND PRACTICE IN ODA DISBURSEMENTS: AN ANALYSIS OF CHANGES IN SOUTH KOREA'S OFFICIAL DEVELOPMENT ASSISTANCE

2019 ◽  
Vol 19 (2) ◽  
pp. 239-264
Author(s):  
Dennis Patterson ◽  
Jangsup Choi
Keyword(s):  
South Korea ◽  
Development Assistance ◽  
Official Development Assistance ◽  
Development Assistance Committee ◽  
Member Nation ◽  
Policy Changes ◽  
Policy And Practice ◽  
South Korean Government ◽  
Dyadic Data ◽  
South Korean

AbstractSouth Korea is the only nation to become an important donor nation after being a recipient of Official Development Assistance (ODA) for several decades. In 2010, it became a member of the OECD's Development Assistance Committee, and while it has continued to use its experience as a former ODA recipient to inform its distribution practices, it also has evolved its ODA policies in response to changes in international norms and the imperatives associated with being a DAC-member nation. We know that, while policies may change, actual ODA disbursements—which nations are selected as recipients and receive ODA in what amounts—may lag or even remain unchanged. In this paper, we use the case of South Korea to determine how actual ODA disbursements change in response to policy changes. To accomplish this, we use a selection model to conduct a statistical analysis of South Korea's ODA disbursements using dyadic data from 1987 to 2016. Our results indicate that, while there has been continuity in terms of which nations receive South Korean ODA, there were also notable changes in its disbursements. Specifically, the ODA policy changes the South Korean government enacted did result in an altered profile of nations that were targeted by South Korea as ODA recipients.

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