Have you heard about South-South Cooperation? Do you know how projects in this area work?
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How did it come about? Historically, International Development Cooperation took place for many years in a North to South direction, that is, based on experiences and resources coming from countries considered developed to the rest of the world. However, at the end of the 1990s, with the emergence of new economies such as Brazil, Russia, India, China and South Africa, commonly called BRICS, new routes for international cooperation were created.
Why did it come up? South-South Cooperation is part of this new phase of the international context, in which emerging economies aspire to greater global representation and a deepening of relations between countries. It therefore encompasses cooperation projects in different areas (health, infrastructure, technology, education, etc.) articulated between countries in the global South, that is, emerging and developing countries.
Which is ? The main characteristic of this is the exchange of successful initiatives between the countries of the South, taking into account the premise that they deal with similar challenges. Instead of being inspired by the countries of the North, the countries of the global South have the opportunity to exchange experiences to overcome similar challenges. This exchange has great potential for success and the creation of innovative solutions to common problems.
With more than 10 years of experience in managing South-South cooperation projects, A Ponte believes that countries facing problems of inequality and poverty also have the rich capacity to generate innovative solutions.