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9780367496951

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""This is an excellent book. It is thoroughly discussing current challenges to the multilateral aid system and its international financial institutions. The rising multipolarity of the global order and the dawn of right wing populism in western liberal democracies have brought the long-established architecture of multilateral development financing into jeopardy. The contention between ‘Washington Consensus’ and ‘Beijing Consensus’ - and their respective institutions and narratives - is analysed by a number of knowledgeable authors."" – Professor. Dr. Matthias Rompel, Honorary Professor at Giessen University and Director at the German International Cooperation Agency GIZ ""A strong analytical and a timely case study in an important, but clearly under-researched IR theory field. The authors were bold enough to question many deeply rooted perceptions about how multilateralism is related to neoliberalism. The book is a major contribution to our understanding of what an efficient multilateral international assistance should mean in the XXI century."" – Andrey Kortunov, Director General, Russian International Affairs Council, and President, New Eurasia Foundation ""Neoliberalism has been the archetype of development finance for the past four decades, a trajectory that is now increasingly overshadowed by the long reach of China’s economic ascendancy. Jakupec, Kelly, and Makuwira have assembled a timely and vital contribution that encourages us to reconsider the multilateral foreign aid paradigm as global hegemony shifts to the Far East."" - Professor Simon Springer, Head of Discipline for Geography and Environmental Studies and Director of the Centre for Urban and Regional Studies, University of Newcastle, Australia

This is an excellent book. It is thoroughly discussing current challenges to the multilateral aid system and its international financial institutions. The rising multipolarity of the global order and the dawn of right wing populism in western liberal democracies have brought the long-established architecture of multilateral development financing into jeopardy. The contention between 'Washington Consensus' and 'Beijing Consensus' - and their respective institutions and narratives - is analysed by a number of knowledgeable authors. - Professor. Dr. Matthias Rompel, Honorary Professor at Giessen University and Director at the German International Cooperation Agency GIZ A strong analytical and a timely case study in an important, but clearly under-researched IR theory field. The authors were bold enough to question many deeply rooted perceptions about how multilateralism is related to neoliberalism. The book is a major contribution to our understanding of what an efficient multilateral international assistance should mean in the XXI century. - Andrey Kortunov, Director General, Russian International Affairs Council, and President, New Eurasia Foundation Neoliberalism has been the archetype of development finance for the past four decades, a trajectory that is now increasingly overshadowed by the long reach of China's economic ascendancy. Jakupec, Kelly, and Makuwira have assembled a timely and vital contribution that encourages us to reconsider the multilateral foreign aid paradigm as global hegemony shifts to the Far East. - Professor Simon Springer, Head of Discipline for Geography and Environmental Studies and Director of the Centre for Urban and Regional Studies, University of Newcastle, Australia

Author Information

Viktor Jakupec is a Professor at Deakin University, Australia and the University of Potsdam, Germany. Max Kelly is an Associate Professor of International and Community Development at Deakin University, Australia. Jonathan Makuwira is a Professor of Development Studies and the current Deputy Vice Chancellor of Malawi University of Science and Technology (MUST). He is also a Research Associate in the Department of Development Studies at Nelson Mandela University (NMU), South Africa.

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