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:* The implications of growing Chinese engagement in Africa * BRICS countries' versus OECD countries' investment contributions to Africa* The politics of land, land grab, and the puzzle of inclusive development in Africa* Foreign research and development spillovers, trade linkages, and productivity in Africa* Foreign aid effects on social sector, growth, and structural change in Africa* Remittances, foreign debt, resource management, and economic development in Africa

Urban poverty,more than ever, has become a pervasive reality and mind boggling task for developing countries. Its persistence and rise,among others,is attributed to the understanding gap that it is intricate, rapid urbanization, weak urban management practices, and rural biased interventions. This book brings an empirical study on determinants of urban poverty in Debre Markos one of the old towns of Ethiopia. The book is unique, at least, in two respects. First, it uncovers poverty in a medium town which little study has been made so far. Second, unlike the common national poverty studies made elsewhere, it examines household poverty covering a wide range of demographic, socioeconomic, and household utilities as explanatory variables or otherwise determinants. The book, in this vein, is vital for policy makers engaged in urban poverty reduction in Ethiopia and can be used as a reference material for other countries which have the interest to involve in and apply on poverty alleviation programs. Students at higher institutions dealing with poverty would also use and consultants & researchers, who have the curiosity in the urban sector, would find it valuable to poverty projects.