DAC Peer Review of Korea

Korea KOREA CAMBODIA DAC Peer Review of Korea Partner Country Visit: Cambodia Korea and Cambodia: a strong partnership Cambodia Perspectives from the field Cambodia's Economic Success Remarkable economic progress Newly found oil deposits Growth in the tourism sector Textile and garment industry the largest source of job growth for female workers economy grew at almost 10% per annum Young population (56% under 25): jobs critical Needs to diversify its economy Endemic corruption among the poorest in the world heavily dependent on agriculture lacks infrastructure Development Assistance to Cambodia Donor Co-ordination in Cambodia Korean Development Co-operation in Cambodia Cambodia: priority partner country 7th largest bilateral donor Country Partnership Strategy Brings grants and loans together and Builds on effective local stakeholder consultations Korean ODA to Cambodia Korea’s bilateral programme is aligned to Cambodia’s priorities Flows.... Wide appreciation within the Cambodian government of Korea’s efforts to increase its ODA Aid Modalities.... a mix of grants and loans highest in the area of economic infrastructure Increasing synergies between grants and loans, but more is desired Need to set clear timeline for untying Organisation & Management the field team is supported by the ODA Council Links between HQ & Field are good Field-level DoL between KOICA & EDCF is clear Effective working relations increased engagement in the aid management architecture Challenges.... Fragmentation ODA Council needs to be equipped with the necessary authority grants & loans to be better integrated Continue to engage & cement its position within the donor community Support fewer & larger programmes, more joint efforts Make more use of local staff Summary Conclusions Korea's programme for Cambodia Aid effectiveness principles Organisation & Management highly valued as a reliable, long-term development partner more needs to be done: use of country system, untying. ensure an adequate delegation of authority, sufficient resources & promote a whole-of-government approach. Cambodia's economic & development context Korean development co-operation in Cambodia Summary conclusions Cambodia's Development Challenges