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The Fund’s concessional facilities are aimed at providing flexible and tailored support to low-income countries (LICs) in their efforts to achieve, maintain, or restore a stable and sustainable macroeconomic position consistent with strong and durable poverty reduction and growth.

The emergence of the 'Third World' is generally traced to onset of the Cold War and decolonization in the 1940s and 1950s. In the 1960s and 1970s the "three worlds of development" were central to the wider dynamics of the changing international order. By the 1980s, Third Worldism had peaked entering a period of dramatic decline that paralleled the end of the Cold War. Into the 21st century, the idea of a Third World and even the pursuit of some form of Third Worldism has continued to be advocated and debated. For some it has passed into history, and may never have had as much substance as it was credited with, while others seek to retain or recuperate the Third World and give Third Worldism contemporary relevance. Beginning with a comprehensive introduction this edited volume brings together a wide range of important contributions. Collectively they offer a powerful overview from a variety of angles of the history and contemporary significance of Third Worldism in international affairs. The question remains; did the Third World exist, what was it, does it still have intellectual and political purchase or do we live in a global era that can be described as After the Third World? This book was previously published as a special issue of Third world Quarterly.

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Bringing together some of the foremost authorities in their fields, this book is the result of work carried out on behalf of the G24, the world's only research effort devoting to furthering the interests of developing countries and bringing their needs to global attention. The book gives a voice to the developing nations of the world through its powerful essays and its fresh perspective.

Development’s current focus – poverty reduction and good governance – signals a turn away from the older neoliberal preoccupation with structural adjustment, privatization and downsizing the state. For some, the new emphases on empowering and securing the poor through basic service delivery, local partnership, decentralization and institution building constitute a decisive break with the past and a whole set of new development possibilities beyond neoliberalism. Taking a wider historical perspective, this book charts the emergence of poverty reduction and governance at the centre of development. It shows that the Poverty Reduction paradigm does indeed mark a shift in the wider liberal project that has underpinned development: precisely what is new, and what this means for how the poor are governed, are described here in detail. This book provides a compelling history of development doctrine and practice, and in particular offers the first comprehensive account of the last twenty years, and development’s shift towards a new political economy of institution building, decentralized governance and local partnerships. The story is illustrated with extensive case studies from first hand experience in Vietnam, Uganda, Pakistan and New Zealand.