South-South Cooperation
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South-South Investment: A Necessary Synergy with Development Finance

Due to the failure of developed countries to adequately financially assist developing countries, the latter are increasingly looking towards creating outward oriented economies that are more suitable for foreign direct investment and export promotion. As such, the share of South-South Foreign Direct Investment (FDI) of total world FDI has risen from 3% at the beginning of the century to around 14% in 2009, and has risen even further in recent years. In this context, this blog analyses the importance of South-South investment to developing countries, with a focus on Sri Lanka.

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South-South Cooperation – A New Lease of Life for Developing Countries

This article argues that the South-South Cooperation is gradually changing the landscape of economic and political diplomacy among the countries.