STEEN FOLKE is Senior Researcher at the Danish Institute for International Studies.HENRIK NIELSEN is Impact Monitoring Advisor at the Danish Refugee Council's office in Belgrade, Serbia and Montenegro.

"Aid Impact and Poverty Reduction is an edited volume that conceptualizes a broad notion of impact as the appropriate metric for the analysis of development aid. In so doing, it is poised to make a significant impact on our understanding of international development assistance as a prominent feature of the international political economy, and of the societies in which (and on which) it operates." - David Simon, Yale University

• Introduction: Aid Relations, Aid Impact and Poverty Reduction; S.Folke & H.Nielsen PART I: AID RELATIONS: APPROACHES AND DILEMMAS Challenging the Injustice of Poverty: Rethinking Aid Strategies; R.Sobhan Flexible Standards for Controlled Empowerment? Microfinance as a Case Study of Aid Management; J.Copestake Aid Modalities and the Arts of Government; J.Gould From Humanitarianism to Good Governance? Reflections on a Danish-Ethiopian Aid Model; F.Wilson PART II: AID IMPACT: CASES AND CONTEXTS Assessing Impact with Limited Outcome Data: Experience from a Theory-Based Approach to the Evaluation of Social Funds; S.Carvalho & H.White Reaching the Poor in an Integrated Rural Development Project in Bangladesh; S.Folke The Impact of a Joint NGO Programme in North Wollo, Ethiopia: Enhanced Food Security for the Poor?; P.Sørensen Domestic Water, Bikas and Modernity: Exploring the Impacts of a Finnish-aided Water Supply Project in Nepal; S.Sharma Coping Strategies Within a Development Project: An Impact Study from Mozambique; H.Nielsen & Y.Adam