This book brings fresh perspectives into the debate on aid effectiveness and aid relationships. Asia provides a varied picture with its combination of rapidly developing countries where aid plays a less central role such as China, Vietnam, and Thailand as well as more aid dependent countries...

This book provides a definitive account of the recent history of the International Monetary Fund, and the successes it has enjoyed since it was founded. With fascinating contributions by current and former IMF staff members, this book offers a unique insight into the workings of the organization...

The typical identification strategy in aid effectiveness studies assumes donor motives do not influence the impact of aid on growth. We call this homogeneity assumption into question, first constructing a model in which donor motives matter and then testing the assumption empirically. -- Aid ;...