Foreword; A.Shorrocks Development Aid: Expectations, Effectiveness and Allocation; G.Mavrotas & M.Mc Gillivray Decentralizing Aid with Interested Parties; G.Epstein & I.Gang Blind Spots on the Map of Aid Allocations: Concentration and Complementarity of International NGO Aid; D.J.Koch On the Volatility and Unpredictability of Aid; D.Fielding & G.Mavrotas Aid Project Proliferation and Absorptive Capacity; D.Roodman Aid Allocation and Aid Effectiveness: An Empirical Analysis; A.Isopi & G.Mavrotas Fiscal Effects of Aid in Developing Countries: A Comparative Dynamic Analysis; M.Opoku-Afari, T.Lloyd, M.Mc Gillivray & O.Morrissey Development Effectiveness at the Country Level; R.Picciotto Evaluating Aid Impact; H.White

GIL S. EPSTEIN Professor of Economics, Bar-Ilan University, Israel DAVID FIELDING Professor of Economics, University of Otago, New Zealand IRA N. GANG Professor of Economics, Rutgers University, USA ALESSIA ISOPI Marie Curie Intra European Research Fellow, University of Nottingham, UK DIRK-JAN KOCH Dutch Ministry of Foreign Affairs; External Ph D Candidate, Centre for International Development Issues, Radboud University, The Netherlands TIM LLOYD Associate Professor, School of Economics and Research Fellow, Centre for Research in Economic Development and International Trade (CREDIT), University of Nottingham, UK OLIVER MORRISSEY Professor of Development Economics and Director, Centre for Research in Economic Development and International Trade (CREDIT), University of Nottingham, UK MAXWELL OPAKU-AFARI Head, Special Studies Unit, Research Department, Bank of Ghana, Ghana ROBERT PICCIOTTO Visiting Professor, Kings College, London, UK DAVID ROODMAN Research Fellow, Center for Global Development, Washington DC, USA HOWARD WHITE Executive Director, International Initiative for Impact Evaluation