개발효과성 이론으로 본 신흥경제국의 남남협력 참여: BRICS, IBSA, BASIC의 남남협력과 개발효과성에 대한 소고 [Emerging Economies and the Development Effectiveness Paradigm: A Comparative Analysis of BRICS, IBSA and BASIC in South-South Cooperation]

Abstract

This study aims to analyse how BRICS, IBSA and BASIC have contributed to effective development cooperation in South-South cooperation. In order to do this, the research has explored theoretical approach of development effectiveness and South-South cooperation discussions. Findings have shown that the development effectiveness of South-South cooperation is limited in line with the OECD DAC principles such as the Paris Declaration and Busan Global Partnership. However, considering that South-South cooperation is operational by horizontal partnerships and solidarity within the South, it has contributed to the development process in recipient countries. For instance, emerging economies as donor countries within the South-South cooperation mechanism have promoted recipients' ownership by respecting their development needs, and have contributed to provide various development models by knowledge sharing and mutual learning processes. However, it does not seem that BRICS, IBSA and BASIC have contributed to the horizontal partnership in South-South cooperation. On one hand, BRICS, IBSA and BASIC were not originally created on the basis of development cooperation purposes, but rather for investment and trade, and further for the power game in the international economics. Nevertheless, it can be expected that BRICS, IBSA and BASIC can play leading roles in South-South cooperation with their expansion in the future as well as with more systemic institutional development. Yet, it is noteworthy that stronger institutional platforms of BRICS, IBSA and BASIC should be implemented in a way to promote horizontal solidarity with recipient countries.