Since the late 1990s a selection on policy approach to aid was advocated such that more aid should be allocated to countries with good policies. A number of donors accepted this recommendation, including the World Bank, but there is little evidence that this has occurred. Donors, including the...

"Based on extensive original research that has critically examined the role and functions of the organizations of the UN development system, this book seeks to capture in a single volume a comprehensive review of the UN's performance and prospects for development. The contributors each offer...

Donor agencies invest considerable financial and human resources to evaluate the outcome of their development activities. To derive institutional conditions conducive to an efficient use of these resources, we develop a multi-level principal-agent model focusing on the various interests of the...