On January 27, 2012, the International Development Studies of Utrecht University organised its eight knowledge for development seminar. The seminar aimed to critically assess the meaning of development in the context of contemporary transformations such as the increased involvement of giants like India and China in development cooperation and the increased role of southern countries in international investment flows. Some key questions were: How do these new relations influence the notion of development? What type of ‘development’ are they providing? What are the geopolitical implications of the new South-South and South-North relations? And: What do these new realities imply for development after the Millennium Development Goals? This reports gives a summary of the presentations and discussions during the day.