Realizing the Development Potential of Diasporas

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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.



Developing capacity: Diasporas as transnational agents of development

The search for innovative ways of mobilizing financing for development has led development practitioners and officials to take increasing interest in the role of diasporas as transnational agents of development. Specifically, diaspora remittances, direct diaspora investment (DDI – a counterpart to foreign direct investment, or FDI), and diaspora philanthropy all now constitute significant flows with development implications and impacts.


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