Foreign Capital Flows and Economic Development in Africa
The Impact of BRICS versus OECD
Evelyn Wamboye, Esubalew Alehegn Tiruneh, Evelyn Wamboye, Esubalew Alehegn Tiruneh
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Foreign Capital Flows and Economic Development in Africa
The Impact of BRICS versus OECD
Evelyn Wamboye, Esubalew Alehegn Tiruneh, Evelyn Wamboye, Esubalew Alehegn Tiruneh
Ă propos de ce livre
This collection examines the extent to which foreign capital from conventional (OECD countries) and non-conventional (BRICS) sources has impacted economic development in Africa over the last two decades. It provides in-depth analyses of the nature, motives, and implications of this capital, and identifies drivers of contemporary rapid growth within and across African countries. Authored by leading experts, the book offers original insights for academics, policymakers, and practitioners studying the changes taking place in Africa as the continent strides more confidently toward integration with the global economy. The major themes addressed in this book include: âą The implications ofgrowingChinese engagement in Africa âą BRICS countries' versus OECD countries' investment contributions to Africa âą The politics of land, land grab, and the puzzle of inclusive development in Africa âą Foreign research and development spillovers, trade linkages, and productivity in Africa âą Foreign aid effects on social sector, growth, and structural change in Africa âą Remittances, foreign debt, resource management, and economic development in Africa