This book identifies and explores the mechanisms linking political institutions and variation in capitalist systems. A strong correlation exists between varieties of political regimes and varieties of capitalism: majoritarian political regimes are correlated with liberal market economies (LMEs)...

“This book provides much needed insights and knowledge about the growing world of multilateral development banks. By including twenty-five global, regional, and sub-regional banks, it systematically presents main features, challenges, and potentials of these important development institutions....

This book addresses several gaps in knowledge of aid allocation and effectiveness and provides new analytical insights. Topics covered include the interface between aid allocation and perceptions of aid effectiveness, the year-on-year volatility of aid and evaluation of the country-level impacts...