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Product Description: This essay focuses on the future of multilateral development assistance, in light of the lessons of aid effectiveness in the last fifty years, and bearing in mind emerging development issues. It examines the rationale for multilateral forms of assistance, going back to the Bretton Woods conference, and argues that the multilateral approach has been successful in some areas, such as pooling of lending risks, but not in others, such as controlling free-rider problems through common conditionality...read more (view table of contents, read Amazon.com's description)

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Product Description: Based on four years of continuous househousehold survey data, this study documents the impact of structural adjustment on poverty. The basic messages are that the poor people are better protected during a period of managed macroeconomic adjustment than under recession or destabilization, and that the poorest people are most likely to suffer the most in conditions of economic recession...read more