Development assistance has steadily declined relative to the global economy. Mutual support remains relevant in the face of new challenges that developing countries experience today. Knowledge-focused policies can create a different approach to growth and development, critical for countries looking for innovative ways to propel their economies forward. Today, the knowledge economy is transforming South–South cooperation yet again. In 1955, newly emancipated countries from the Global South convened in Bandung, Indonesia, for what President Sukarno called “the first intercontinental conference of coloured peoples in the history of mankind.” Bandung set the stage for what later would be formally labeled in international development as “South–South cooperation,” a movement of reciprocal self-reliance that emphasized developing countries collectively assisting one another. Cooperation among developing countries is not new.
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