This book examines South-South development aid and cooperation amongst BRICS and other developing countries from the angle of New Structural Economics.

Preface; List of figures; List of tables; 1. Introduction and objectives; 2. Structural transformation is key to development; 3. Traditional aid is ineffective for structural transformation; 4. South-South development cooperation helps structural transformation; 5. Using China's comparative advantage to address Africa's infrastructure bottlenecks; 6. China uses its comparative advantage to help Africa in light manufacturing; 7. Effectiveness for transformation: the secret for quick wins; 8. Prospects for development finance; References; Index.

Justin Yifu Lin is Professor and Director at the Center for New Structural Economics, and Professor and Honorary Dean at the National School of Development at Peking University, Beijing. He is Vice Chairman of the All-China Federation of Industry and Commerce, and was the Senior Vice President and Chief Economist of the World Bank from 2008-12. Prior to joining the World Bank, Lin served for fifteen years as Founding Director and Professor of the China Centre for Economic Research (CCER) at Peking University. He is the author of twenty-four books, including Against the Consensus: Reflections on the Great Recession (Cambridge, 2013), The Quest for Prosperity: How Developing Economies Can Take Off (2012), New Structural Economics: A Framework for Rethinking Development and Policy (2012), Demystifying the Chinese Economy (Cambridge, 2011), Benti and Changwu: Dialogues on Methodology in Economics (2012), and Economic Development and Transition: Thought, Strategy, and Viability (Cambridge, 2009).