New Developments in South-South Cooperation: China ODA, Alternative Regionalisms, Banco del Sur 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 bilateral South-South ODA and regional integration, including South-South banks. South-South Bilateral ODA and Investments: Emergence of China South-South aid and investment tend to occur on bilateral basis. Main non-OECD donors are Brazil, China, India, Kuwait, Mexico, the Russian Federation, Saudi Arabia, South Africa,…