South-South Ideas – South-South Cooperation – A Theoretical and Institutional Framework (2019)
THEORETICAL FRAMEWORK FOR SSC: A STRUCTURALIST FOUNDATION
The engagement of Southern economies with development cooperation since the 1960s, and its policies towards specific sectors have evolved significantly over the last five and a half decades. The South with a clear vision of the potential for mutual gain in sharing prosperity with fellow developing countries, engaged themselves in technical cooperation among each other – a vision that would be implemented fully through the Buenos Aires Plan of Action (BAPA) in 1978. Towards this end, it seems appropriate to link SSC approach with existing paradigms of economic thought, to improve its robustness, continuity,and consistency, on the one hand and make it more appealing, acceptable, and relevant for its partners, on the other. Such an approach would also provide a basis for empirical validation of its philosophy of development cooperation.
To compare, while development cooperation approach followed by OECD’s Development Assistance Committee (DAC) has a strong theoretical base in monetarist tradition, there are some similarities between the structuralist approach and the modus operandi of SSC.
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