The Hankyoreh (here in Korean) reports that the Development Assistance Committee (DAC), a club of donor nations, has accepted South Korea as its 24th member. This makes South Korea a member of all 25 OECD committees, and the first time since the founding of the OECD in 1961 that a formerly aid-receiving nation has become a donor nation. The last time DAC accepted a new member was apparently in 1999, when Greece joined. Korea’s membership is effective as of January 1, 2010.
The Ministry of Foreign Affairs and Trade (MOFAT) said that the DAC member nations placed great significance at Wednesday’s meeting on the admission of South Korea as a nation that has gone from being an aid beneficiary to a donor.
원조 수혜국에서 원조 공여국으로 탈바꿈한 한국의 회원 가입에 큰 의미를 부여했다고 외교통상부는 밝혔다.
Sounds familiar, don’t you think? From mission-receiving country to mission-sending country… And read this part:
Additionally, some 75 percent of all South Korean aid is tied aid, in which assistance is provided on the condition that it is accompanied by South Korean businesses and products, with the goals of expanded exports and resource development. Critics have said this form goes against the spirit of aid, in that it involves selecting areas for support according to South Korean interests rather than what is needed in the recipient nation.
MOFAT has announced plans to reduce the percentage of tied aid to 25 percent by 2015. It also said that it would increase efforts to promote the efficiency of aid, strengthen the link between concessional loans and grant aid, and pursue the enactment of a basic law on ODA.
한국은 원조를 하며 수출확대와 자원개발 등의 목적으로 한국 기업과 상품이 함께 따라가는 것을 조건으로 내거는 ‘구속성 원조’의 비율도 전체 원조의 75%에 이른다. 이는 받는 국가의 요구보다는 한국의 이해에 따라 지원분야를 선정하는 것으로, 원조의 취지에 맞지 않는다는 지적을 받아왔다.
외교부는 “2015년까지 구속성 원조의 비율을 25%로 낮출 계획”이라며 “원조 효율성 제고와 유·무상 원조간 연계 강화, 공적개발원조 기본법 제정 등의 노력을 기울여 나갈 것”이라고 밝혔다.
Here’s a lovely graph that shows the last 10 years of ODA (official development assistance).

The line graph plots South Korea’s Official Development Aid (ODA)-GNI ratio over the past 9 years, while the lower bars shows ODA as US dollar amounts (millions).
Fascinating stuff. Now that my dissertation is finally wrapping up (very soon!) I’ll have more time (hopefully) to read up on the connections between Korea’s world evangelization enterprises and international development aid. I’ve so far focused on the cultural and discursive aspects of developmentalism, but especially given the extent of KOICA and development NGOs’ collusion with evangelical Christian missions (see here), I don’t think I can ignore development economics any longer.