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 stuctures - the newly industrializing countries (NICs). The resulting hierarchization of the Third World has opened up new possibilities for establishing South-South relations, thus challenging the established North-South bias of the international economy. However, the definition, conceptualization and explanation of this new frontier represented by the NICs and their South-South ambitions remains controversial. This volumes addresses this important and intense debate.

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?

Does aid work? This book examines this issue. But rather than trying to establish how effective aid has been, the focus is shifted towards one of the key determinants of effectiveness -- the aid relationship. The study looks at the relationship between Zambia and its donors and discusses the likely impact of aid in a country where poverty has become rampant and the international debt has reached unmanageable proportions.