OECD Development Co‑operation Peer Reviews: Korea 2024

The OECD’s Development Assistance Committee (DAC) conducts peer reviews of individual members once every five to six years. Reviews seek to improve the quality and effectiveness of members’ development co-operation, highlighting good practices and recommending improvements. Fourteen years after joining the DAC in 2010, Korea is at a pivotal juncture as it rapidly scales up official development assistance (ODA) and assumes more global responsibility. The 2020 revision of the Framework Act signals a more coherent, cross-government approach to implement a larger budget. There is potential to bring greater coherence between domestic and international policies supported by legislation on sustainable development. This peer review provides a set of recommendations for Korea to strengthen strategic partnerships and dialogue with partners, and use the cross-government capacity review and evaluations to prioritise larger ODA volumes to implementers. It recommends that Korea increase the number of qualified staff working in development across government, delegate more authority to partner country offices, and increase its risk appetite to expand private sector operations.

Published on May 21, 2024Also available in: French

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Abbreviations and acronyms
Executive summary
The DAC’s recommendations to Korea
Highlights from the 2024 Development Co-operation Peer Review of Korea (Infographic)
Korea’s development co-operation at a glance (Infographic)
Annexes3 chapters available
Progress since the 2018 DAC Peer Review recommendations
Progress against OECD legal instruments under the responsibility of the DAC
Organisations consulted during the peer review
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