The following are some key reference materials, primarily for US foreign policy background:

CRS Foreign Aid: An Introduction to U.S. Programs and Policy Feb 2011

US State (draft) Quad. Diplomacy & Development Review Nov 2010

US Global Development Strategy Sept 2010 Fact Sheet

US Strategy for Meeting Millennium Development Goals: Toward 2015 and Beyond

Obama Administration National Security Policy Strategy May 2010

European Commission EU 2020

US State Department draft QDDR  Nov 2010

USAID FY2009 Performance Report and FY2011 Performance Plan 

Effective Aid by 2010 - 2008 Survey on Paris Declaration

Foreign Aid Reform (article) 

Revitalizing US Democracy Assistance: Challenge of USAID 2009 

The UNDP ‘Handbook on Planning, Monitoring and Evaluating for Development Results’ is a 2009 updated edition of the 2002 edition of ‘Handbook on Monitoring and Evaluation for Results’.

Making Development Aid More Effective - Brookings Blum Roundtable Policy Briefs - September 2010 
Foreign Policy and Development:  Structure, Process, Policy, and the Drip-by-Drip Erosion of USAID - CSIS - September 2010