Home|South-South Cooperation|South-South Cooperation in the News|Institutionalizing South-South cooperation: Towards a new paradigm?

by Institute for Global Dialogue

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by Institute for Global Dialogue

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Background paper submitted to the High Level Panel on the Post-2015 Development Agenda

The author argues that institutional frameworks in the context of South-South Economic Cooperation (SSEC) have proliferated, yet the majority remains of informal character, reflecting the challenge emerging powers face when it comes to defining the rules and principles according to which SSEC structures should function. This may be partly due to the emerging differences between rising actors in the Global South. There is some evidence that institutional arrangements that surge in the context of SSEC do not openly undermine existing structures such as the World Bank. Rather, it seems that aside from complementing existing institutions, one of the reasons for contemplating the establishment of alternative SSEC institutions is to use them as a bargaining chip to enhance emerging powers’ influence in existing institutions. Read the full report here

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