Since its foundation in 1961, the OECD Development Assistance Committee (DAC) – nerve centre of the aid effort of the “rich” countries – has played a central role in the PostWar aid system. This book traces the history of the institution and reflects on its future. How intense diplomacy...

China's development model challenges the approaches of traditional Western donors like the World Bank. We argue that both aim at stability, but differ in the norms propagated to achieve that. Using fixed effects and IV estimations, we analyze a broad range of subnational stability measures in...