Analysis on Latin America's Aid Demand and Suggestions for the Priority Sectors
4 Pages Posted: 24 Jan 2014
Date Written: January 16, 2014
In recent years, the relatively high in-comes achieved by countries in Latin America have ruled them out as partners for development cooperation. However, 30% of its population still lives under the poverty level, while both income disparity and rural-urban disparity remain high, which point to a high demand for development cooperation. Therefore, this study conducted a quantitative analysis to identify priority sectors and suggest sectoral plans for the official development assistance (ODA) toward Latin American countries.
For a more effective analysis, we take into consideration the region’s political and economic situation, its progress in Millennium Development Goals (MDG) and related achievements, and possible benefits for the region. Lastly, based on this analysis, we evaluated the environment of the development cooperation of the region.
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