ABSTRACT

This chapter reviews the last decade of international aid from a more marginal location in a development studies institute. It also focuses on different mental worlds of development and academic practice to look at how relational and rights-based approaches to aid have struggled to survive and the rise of results-based management, ever more dominant since the 2008 financial crisis. The chapter examines the contradiction between donor's desire for attribution and the hidden power that ring-fences poverty as if it were disconnected from our own wealth. Monterrey was also noteworthy because donor and recipient governments, multilateral agencies, civil society and the private sector all met together for the first time. The Monterrey conference, declared the UN Secretary General, was a turning point in the approach to development cooperation by the international community. In the decade after the Cold War ended, many donor governments no longer saw development aid as an important foreign policy instrument and international aid funding declined.