This paper aims to evaluate IKCF (Inter-Korean Cooperation Fund) based on the ODA/DAC standard. For this purpose, the ODA expenditure in IKCF is investigated, after which the trend for the past 20 years is analyzed. By comparing with the ODA guideline suggested by the DAC, this paper suggests...

South Korea's aid to North Korea is deviated from the international trend in development aid. As a stylized fact, we find that South Korea's policy keeping economic relationship with North Korea was inconsistent and ineffective during the last decade. Since South Korea played a major role in...