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Examines the economic impact of aid, but not in the sense that it questions the relevance of this objective, or tries to measure whether aid works or not. The focus of this book is on the evaluation process itself. Can aid evaluation be improved in order to increase the effectiveness of aid?

A distinctly different new international division of labour has recently emerged from the old Bretton Woods global political economy. The shift away from eurocentricity at the levels of diplomacy, security, production and communication has been dramatic. The decade following the 1970s has witnessed incremental decline and decay in most of the developing countries. But in a few Third World countries the post-Bretton Woods era has facilitated the growth of dynamic and competitive industrial structures - the newly industrializing countries (NICs). The resulting hierachization of the Third World...