Skip to content

Sharing Hope,

Sharing Future

Korea as Aid Recipient

Korea has a long history as an ODA recipient. From the ashes of the Korean War, Korea found an opportunity to escape from being the world’s poorest country with aid from the global community. In particular, the inflow of foreign capital following the economic development policies instituted after the 1960s became the bedrock of the miraculous growth of Korea. Korea’s development is recognized as an exemplary model for economic and social development based on ODA from the global community