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...

The increasing occurrence of national, regional, and global financial crises, together with their rising costs and complexity, have increased calls for greater regional and global monetary cooperation. This is particularly necessary in light of volatile capital flow movements that can quickly...