The number of development projects involving two or more developing or poor countries, or developing countries collaborating to leverage finance from industrialized countries, is gaining momentum, the South Korea-born economist believes.

“This is becoming a major change in the international development landscape,” Kim said.

For generations, most big development initiatives depended on North-South cooperation, whether through loans or grants, technology transfers, training programs, direct investments or other means.

Available: http://news.xinhuanet.com/english/2015-09/29/c_134668980.htm