"Development assistance is beset by two challenges; its past ineffectivenness in achieving the objectives of development and poverty reduction, and the emergence of a range of transnational problems affecting both developed and developing countries. How can aid be delivered more effectively? And how can it assist in international public goods which solve transnational problems? In this essay, the authors propose a twofold framework to guide development assistance: an approach to country-focused aid that would minimize coordination difficulties and enhance recipient country ownership, and a nuanced scheme for the provision of international public goods."--BOOK JACKET.