Foreign Capital Flows and Economic Development in Africa

The Impact of BRICS versus OECD

  • Evelyn Wamboye
  • Esubalew Alehegn Tiruneh

Table of contents

  1. Front Matter
    Pages i-xxvi
  2. Introduction

    1. Front Matter
      Pages 1-1
    2. Evelyn Wamboye, Esubalew Alehegn Tiruneh
      Pages 3-26
  3. Chinese Growing Engagement in Africa: Motives and Implications

  4. Understanding BRICS’ versus OECD Countries’ Investment in Africa

    1. Front Matter
      Pages 95-95
    2. Vito Amendolagine, Nicola D. Coniglio, Adnan Seric
      Pages 97-125
    3. Kenechukwu Ezemenari, Esubalew Alehegn Tiruneh, Evelyn Wamboye
      Pages 127-145
    4. Samuel Adams, Eric Evans Osei Opoku
      Pages 147-161
  5. The Politics of Land, Land Grab, and the Development Puzzle

  6. International R&D Spillovers, Trade Linkages, and Economic Development in Africa

    1. Front Matter
      Pages 247-247
    2. Esubalew Alehegn Tiruneh, Evelyn Wamboye, David O’Brien
      Pages 249-270
  7. Revisiting Aid Effect on Social Sector, Growth, and Structural Change in Africa

    1. Front Matter
      Pages 323-323
    2. Evelyn Wamboye, Kiril Tochkov
      Pages 325-350
    3. Adugna Lemi
      Pages 375-398
  8. Remittances, Debt, Resource Management, and Economic Development in Africa

  9. Back Matter
    Pages 505-514

About this book


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.


Organisation for Economic Co-operation and Development Organization for Economic Cooperation and Development Brazil Russia India China South Africa African development aid foreign direct investment FDI development outcomes

Editors and affiliations

  • Evelyn Wamboye
    • 1
  • Esubalew Alehegn Tiruneh
    • 2
  1. 1.Pennsylvania State UniversityDuBois, PAUSA
  2. 2.Birmingham-Southern CollegeBirminghamUSA

Bibliographic information

Industry Sectors
Finance, Business & Banking