International development cooperation is undergoing deep transformations, driven by a diversification in terms of actors, types of development finance flows, and changing power relations. Development cooperation agencies from Development Assistance Committee countries face intensifying competitive pressures, and seek to regain balance by quickly adapting their practices and institutional frameworks. The new configurations and power relations within this changing landscape raise new questions about the long-term viability of these arrangements. The increased visibility of South-South cooperation reflects these changes. Although cooperation among developing countries is not a recent phenomenon, over the last fifteen years development cooperation between countries of the global South has increased dramatically. The current wave of South-South cooperation is partly a result of emerging powers' more active economic and political participation in international relations, but it is also a product of the disillusionment with, and exhaustion of, development models promoted by the North. This book offers an analytical overview of the historical paths of South-South cooperation, understood as an international institution, as well as comparisons across the concrete practices, interrogating how these practices reinforce and transform the meanings and outcomes of this institution. In addition to clarifying the logics driving current development cooperation practices from an academic standpoint, the analysis provided in the book will have direct relevance to the field of development policy, since it will elucidate variations and configurations in development cooperation.

This book will be of great interest to students and scholars of Development Studies, Politics and International Relations, as well as those working in the field of development policy.