New Developments in South-South Cooperation: China ODA, Alternative Regionalisms, Banco del Sur
By Isabel Ortiz
South-South cooperation is becoming increasingly important given criticisms on the current process of globalization. Since the 19th century, non-hegemonic countries and regions forged alliances as a strategy to reduce dependency and dominance from Northern powers. At the beginning of the 21st century, Southern countries remain associating to promote South-South cooperation. This article focuses on new developments in South-South Bilateral ODA and Investments (Emergence of China), the alternative regionalism in the South (Emergence of MERCOSUR and ALBA) and South-South multilateral Banks (Arab Development Banks, CAF and the potential of Banco del Sur)
To read the full paper, click here