South-South cooperation in advancing sustainable development and achieving the transformative recovery of the least developed countries
Over the past decade and more international relations have become more multipolar, as seen in the increasing political and economic prominence of countries such as India and China, divergences between large developed countries and regions, and the continued emergence of the Global South. This is a trend long underway, but with renewed impetus via the spontaneous economic evolution of prominent countries in the south, Asia’s rapid recovery from the pandemic, and via intentional acts of solidarity among southern countries. This multipolarity is reflected in the ‘rise of the South,’ a process of reorientation of the world economy toward developing nations and their increased voice on the international stage.
South-South cooperation is a manifestation of solidarity among peoples and countries of the South that contributes to their national well-being, their national and collective self-reliance and the attainment of internationally agreed development goals, including the 2030 Agenda for Sustainable Development. It involves technical and economic cooperation, norm-setting and economic interdependencies among developing countries with a view to mutual support.
This report is an attempt to review the role of South-South cooperation in the implementation of the Istanbul Programme of Action (IPoA), and to take stock of best practices and identify constraints in scaling up South-South cooperation with a view to renewing partnerships and enhancing cooperation with their Southern partners in the follow-up agreement, the Doha Programme of Action for the Least Developed Countries 2022-2031 (DPoA).
The report focuses on the eight priority areas of action, identifying good practices and shedding light on emerging areas where South-South cooperation has a catalytic role to play. Concrete and actionable recommendations are made, with the aim of helping LDCs to leverage and scale up South-South cooperation in the new Programme of Action to advance progress towards the SDGs and achieve sustainable and transformative recovery from the pandemic.
Download the report here.