Introduction / B. Mak Arvin and Byron Lew -- Part I. Aid flows and the allocation of aid. Performance-based allocation (PBA) of foreign aid: still alive? / Partick Guillaumont and Laurent Wagner ; Aid and reverse flows: a global analysis / Anupam Das and John Serieux ; Determining aid allocation decision-making: towards a comparative sectored approach / Caryn Peiffer and Constantine Boussalis ; Samaritan's dilemma, time-inconsistency and foreign aid: a review of theoretical models / Alok Kumar ; MDGs and international cooperation: an analysis of private and public aid and the role of education / Maria-Carmen Guisan, Eva Aguayo and Pilar Exposito ; Geographical allocation of aid: lessons from political economy / Sergio Tezanos Vázquez ; China's aid and FDI flows to Africa: strategic interest or economic motivation? / Byron Lew and B. Mak Arvin -- Part II. Aid and trade. Inter-linkages of foreign aid and trade policy in trade-theoretic frameworks / Sajal Lahiri ; Aid for trade: assessing the effects on recipient exports of manufactures and primary commodities to donors and non-donors / Philipp Hühne, Birgit Meyer and Peter Nunnenkamp ; Aid for trade: the case of Asia and Oceania nations / Rukmani Gounder ; The trade effects of foreign aid: an empirical perspective / Inmaculada Martinez-Zarzoso ; Foreign aid, international trade, and financial crises: a developing country perspective / Jose Brambila-Macias, Isabella Massa and Matthew Salois -- Part III. Impact of aid. The macroeconomic impact of aid in recipient countries: old wine in new bottles? / George Mavrotas ; Foreign aid, economic growth, FDI, and trade openness in lower middle-income countries: a dynamic panel data analysis / Rudra Pradhan and B. Mak Arvin ; Informal influence on multilateral lending: the case of the Inter-American Development Bank / Elizabeth Bland and Christopher Kilby ; Donors helping themselves / David Sogge ; Aid and corruption: an incentive problem / Alessia Isopi ; The evolving debate of the effect of foreign aid on corruption and institutions in Africa / Simplice A. Asongu -- Part IV. Aid effectiveness. Finally a breakthrough?: the recent rise in the size of the estimates of aid effectiveness / Hristos Doucouliagos and Martin Paldam ; On the heterogeneous impact of aid on growth: a review of the evidence / Lisa Chauvet ; Aid, growth, policies and fragility / Mark McGillivray and Simon Feeny ; Does real exchange rate appreciation undermine aid effectiveness?: Evidence from sub-Saharan Africa / David Fielding and Fred Gibson ; The effects of education aid on primary schooling in developing countries / Eskander Alvi and Debasri Mukherjee ; A case study of aid effectiveness in Bangladesh: development with governance challenges / M. G. Quibria and Anika L. Islam ; Foreign aid to foster greener cities: what do we know? / Sandrine Kablan -- Part V. Aid Policies. Foreign aid and policy coherence for development / Stephen Brown ; Making aid work: Governance and decentralization / Gil S. Epstein and Ira N. Gang ; Donor competition for influence in recipient countries / Rachael Calleja and Dane Rowlands ; The rise of multi-bi aid and the proliferation of trust funds / Bernhard Reinsberg, Katharina Michaelowa and Vera Z. Eichenauer ; Aid and taxation / Oliver Morrissey and Samantha Torrance ; Aid and microfinance / Niels Hermes and Robert Lensink.