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Realizing the Development Potential of Diasporas

image of Realizing the Development Potential of Diasporas
In this book, international experts including academics, policymakers, private sector practitioners, and representatives of diaspora communities further our understanding of how the growing population of expatriates from the developing world can be effectively leveraged to promote development in their homelands. The contributors cover issues relating to diaspora diversity and its impact on development, the potential of expatriates to further entrepreneurship and business development in their homelands, the effectiveness of remittances in furthering inclusive development, and policies to better engage diasporas as drivers of development. Their analyses are supported by examples and case studies focusing on the experiences of specific diaspora networks, home country institutions promoting diaspora engagement, migrant entrepreneurs, and financial institutions facilitating remittances.

English

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Understanding the diaspora diversity and its impact on development

This chapter analyses the contingencies that lead to different development outcomes. Such analyses can inform projections of diaspora development contributions and suggest data needs for better understanding diasporas and development. Diasporas’ contributions to homeland development include economic remittances, homeland economic investment, skills transfer, diaspora philanthropy, and political influence. My focus is on diasporans’ financial and human capital contributions.

English

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