This edited volume provides an assessment of an increasingly fragmented aid system. Development cooperation is fundamentally changing its character in the wake of global economic and political transformations and an ongoing debate about what constitutes, and how best to achieve, global...

The "world social welfare" approach is rejected, and the political economy approach is adopted to analyze the international resource trasnfer of activity of the World Bank. Four types of behaviour implying distinct incentive structures are the theoretically derived and econometrically tested....