This is the peer reviewed version of the following article: Mawdsley, E, Murray, WE, Overton, J, Scheyvens, R, Banks, G. Exporting stimulus and “shared prosperity”: Reinventing foreign aid for a retroliberal era. Dev Policy Rev. 2018; 36: O25– O43. https://doi.org/10.1111/dpr.12282 , which has been published in final form at https://doi.org/10.1111/dpr.12282 . This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Use of Self-Archived Versions.