Korea's Development Cooperation with the Mekong Region

4 Pages Posted: 11 Oct 2013 Last revised: 16 Oct 2013

See all articles by Taeyoon Kim

Taeyoon Kim

Korea Institute for International Economic Policy

Jae Wan Cheong

Korea Institute for International Economic Policy

Jae-Ho Lee

Korea Institute for International Economic Policy

Mingeum Shin

Korea Institute for International Economic Policy

Na Ri Park

Korea Institute for International Economic Policy

Date Written: September 13, 2013

Abstract

A regional cooperation project centered on a long river way passing through several nations, in addition to ensuring agreement between the nations involved, requires cooperation from the international community as a whole. This is because of potential conflict that may inevitably arise during the course of such a project; the types of conflict that the states get involved in may not be able to resolve on their own. The Mekong’s upper reaches is located in China, and five other developing nations of Southeast Asia are sharing its middle and downstream sections, which has made mutual agreement quite difficult. However, due to the high demand for development in the region, those involved have continued to adjust their positions accordingly and cooperate with each other in spite of the difficulties involved in developing the Mekong region. Support from multilateral development agencies and advanced nations have kept development moving forward up to this point, in terms of hardware infrastructure. Nations in the region have been active participants in the ADB-sponsored Greater Mekong Subregion (GMS) program that began in 1992, which resulted in rapid buildup of physical infrastructure in the region. They are also cooperating through the Mekong River Commission (MRC) for projects to develop Mekong’s water resources, and also bolster human capital in the region through the Mekong Institute (MI). Connectivity between different regions around the Mekong have been strengthened recently; to promote the flow of goods, services, investments, capital and labor that would expedite development in the region.

Keywords: Development Cooperation, Multilateral cooperation, Mekong subregional development, Economic cooperation, Mekong Region Countries

Suggested Citation

Kim, Taeyoon and Cheong, Jae Wan and Lee, Jae-Ho and Shin, Mingeum and Park, Na Ri, Korea's Development Cooperation with the Mekong Region (September 13, 2013). KIEP Research Paper No. World Economy Update-13-40. Available at SSRN: https://ssrn.com/abstract=2338310 or http://dx.doi.org/10.2139/ssrn.2338310

Taeyoon Kim (Contact Author)

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

Jae Wan Cheong

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

Jae-Ho Lee

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

Mingeum Shin

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

Na Ri Park

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

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