Book excerpt: This book examines the evolution of foreign aid policy in Japan and South Korea, analyzing policy rationales, institutional developments and policy choices. The book searches for new strategies of international development cooperation in an uncertain world. The book compares two countries’ policies in a unique way: pairs of Japanese and Korean scholars examine same policy themes in separate chapters, contrasting differences and similarities. This book will be of great value to scholars of international development cooperation, public policy and East Asian politics.