Abstract: South-South cooperation has been receiving increasing attention in recent times in the backdrop of the emergence of Southern economies as strong drivers of global growth. Notwithstanding the fact that countries of the global South have been pursuing cooperation at various levels and degrees for several decades, there is now a growing realisation about the need for deepening their interdependencies. Increased intra-South connectedness involving developing countries has not only created new avenues of collaboration for developing countries, they are also being confronted with new challenges in pursuing this cooperation. Whether South-South cooperation will be an alternative or a complement to the traditional North-South cooperation and relationship, is an issue which is being hotly debated as traditional development actors are being challenged by the increasing role of South-South cooperation. By deconstructing various dimensions and potential opportunities of South-South cooperation, the paper sheds useful light on the prospects and challenges of this emerging phenomenon that is commanding increasing interest from the perspective of both developmental theory and praxis.
- Publication year: 2014
- Content type: Report
- Form of cooperation: Comprehensive (Lines of credit, grants and loans, and technical assistance).
- Cooperation context: Bilateral (Bangladesh)
- Region (country): South Asia
- Institution (publication): National Council for Applied Economic Research (NCAER), India & Centre for Policy Dialogue (CPD), Bangladesh
- Author (and co-authors):
- Keywords: South-South Cooperation; Southern economies: trade, FDI, development assistance and migration; South-South relationship in South Asia: Bangladesh and China, Bangladesh and India
- Link: http://www.ncaer.org/uploads/photo-gallery/files/1400566352Paper-on-South-South-Cooperation.pdf