A growing consensus has emerged in recent years among donors, and
between aid agencies and their developing country counterparts, on
development strategies. Almost everybody now agrees that sustainable
development requires macroeconomic stability, substantial integration
into the global economy, better public sector management, more effective
poverty alleviation, and greater attention to the private sector and to
civil society in general. At the same time, it has become increasingly
apparent that in many countries, particularly in the least developed
that are the most heavily aided, much has gone awry. In Perspectives on
Aid and Development, a distinguished group of policy experts offers
perspectives on the lessons learned from development experience and how
these lessons have been translated into new thinking on aid and
development issues.