KIEP Strengthens ODA Policy Analysis Capabilities... Establishes International Development Cooperation Center

Scene of the facility renovation project at Yen Trung Elementary School in Tang Hoa City, Vietnam. The project was carried out as part of Official Development Assistance (ODA). (Photo by Asia Economy DB)

[Asia Economy Reporter Moon Chaeseok] The Korea Institute for International Economic Policy (KIEP), a government-funded research institute, has established the International Development Cooperation Center to significantly strengthen its policy research functions on Official Development Assistance (ODA).

On the 15th, KIEP expanded and reorganized its development cooperation research, which was previously operated as a single team, into a center.

The center will consist of the Policy Analysis Team, Strategy Evaluation Team, and Global Strategy Team.

South Korea joined the Development Assistance Committee (DAC) of the Organisation for Economic Co-operation and Development (OECD) in 2009. Since then, it has been striving to expand the quantity and improve the quality of ODA.

With the COVID-19 pandemic highlighting economic and social crises in developing countries as well as issues such as climate change and the environment, it is time to anticipate future impacts and seek global cooperation strategies.

KIEP’s organizational restructuring is related to the revision of the Framework Act on International Development Cooperation. The International Development Cooperation Committee recently amended the law to strengthen integration and coordination functions.

According to the revised Framework Act, the Office for Government Policy Coordination’s role in overseeing development cooperation policies and projects is expected to be enhanced.

A KIEP official stated, "Through this organizational restructuring, KIEP will dramatically strengthen policy research and evaluation tasks to analyze international development cooperation policies and strategies and improve project efficiency in line with the expansion of ODA scale."

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