From Development Assistance to Development Solidarity: The Role of Venezuela and ALBA Alejandro Bendaña

This short presentation outlines the need for a new development initiative based in the South as an alternative to the international economic architecture. Specifically, the article suggests that the combination of new ideas and political shifts is being witnessed today in the Venezuela led international collaboration scheme known as ALBA (Bolivarian Alternative for the Americas) which includes a development bank. This has been developed on the premise that a new form of regional integration and indeed greater political unity is necessary for independent development to take place.ill be an important source of hope for the rest of the developing world.…

Rejection of EPAs by Africa: Implications for the Developing World Arindam Banerjee

The deadlock between the African countries and the European Union (EU) in the recent Economic Partnership Agreement (EPA) negotiations has much wider implications than just being a failure of the two continents to forge a partnership on economic issues. In the rejection of the EPAs, the African economies have conveyed a clear message that they will increasingly strive for greater South-South cooperation than sign trade agreements with the North at the cost of endangering the livelihoods of their people. Africa_EU_EPA (Download the full text in PDF format)

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,…