KMI International Journal of Maritime Affairs and Fisheries
Korea Maritime Institute
Article

Policy suggestion to Official Development Assistance of Korea towards sustainable development of developing countries in marine sectors

Vlad M. Kaczynski*, Jongseong Ryu**
*Associate Professor, School of Marine Affairs and Ellison Center, Jackson School of International Studies, University of Washington, Seattle, WA 98105, USA.
**Assistant Professor, Department of Marine Biotechnology, Anyang University, Ganghwa-gun, Inchoin 417-833, Republic of Korea (Corresponding author)

© Copyright 2021 Korea Maritime Institute. This is an Open-Access article distributed under the terms of the Creative Commons Attribution Non-Commercial License (http://creativecommons.org/licenses/by-nc/4.0/) which permits unrestricted non-commercial use, distribution, and reproduction in any medium, provided the original work is properly cited.

Received: Oct 04, 2011; Revised: Nov 29, 2011; Accepted: Dec 23, 2011

Published Online: Dec 31, 2011

ABSTRACT

This paper aims to assess major contributing factors to problems that developing countries are facing at the present time, and to suggest the way in which those factors are addressed to build Korean ocean policy towards developing world. Five types of economic failure found in developing countries were investigated to understand difficulties and needs of them, including poverty, state bankruptcy, financial difficulty, civil war, and structural transition. Those state failures could bring great socioeconomic impacts on Korean interests, such as national security, economic stakes, international crimes, infectious diseases, and resource wars. In conclusion, five bullet points that Korea needs to fully address in making international ocean policy are suggested: 1) focusing more on human and social assets; 2) protecting social and environmental problems; 3) streamlining assistance institution; 4) improving national image; 5) management based on sustainability. As a G-20 chairmanship nation in 2010, Korea should be serving a bridge between developed and developing world to make them better off the sustainable international cooperation in marine sectors.

Keywords: Ocean policy; Sustainability; Developing country; Korea; Official Development Assistance (ODA)