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Published in:
2021 | OriginalPaper | Chapter
7. Conclusion
Author : Chithra Purushothaman
Published in: Emerging Powers, Development Cooperation and South-South Relations
Publisher: Springer International Publishing
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Abstract
This chapter gives an overview of the emerging powers’ development assistance programme and their growing importance in international aid architecture. Through development cooperation, these countries aim to make economic, political and strategic gains without using any coercive mechanisms, to rise in the global order. However, these emerging powers’ development assistance is dependent on both domestic and international factors, including their economic growth, domestic stability and leadership as well as stability in the region and the international economic environment. The future of development cooperation in foreign policy considerations of the emerging powers will depend on how they perform economically. Their economic heft is going to decide their development assistance outflows and their place in the international aid architecture. In the present scenario, Brazil is retreating, India is in a balanced proactive state of engagement, and China is making headways in development cooperation.