Realizing the Development Potential of Diasporas

Overview

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 ...

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Overview

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.

The contributing experts and practitioners come from a range of public and private organizations and institutions including Microfinance International Corporation, Western Union, Citibank, the Indus Entrepreneurs, Highland Tea Company, Chile Global, World Bank, United Nations, Inter-American Dialogue, African Foundation for Development, and The George Washington University.

Realizing the Development Potential of Diasporas draws from papers originally presented during a Rockefeller Foundation meeting in 2008 and subsequently updated, as well as from discussions and research from the United Nations Department of Economic and Social Affairs (UN DESA) and the United Nations Development Program and from meetings of the United Nations General Assembly.

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Product Details

  • ISBN-13: 9789280811957
  • Publisher: United Nations University Press
  • Publication date: 1/24/2011
  • Pages: 264
  • Product dimensions: 6.00 (w) x 9.20 (h) x 0.50 (d)

Meet the Author

Krishnan Sharma is an economist in the Financing for Development Office of UN DESA. Arun Kashyap is an adviser for private sector development in the Private Sector Division and Capacity Development Group of the United Nations Development Programme. Manuel Montes is chief of the Policy Analysis and Development Branch at the Financing for Development Office of UN DESA. Paul Ladd is an adviser to the United Nations Development Programme on issues related to inclusive globalization, including development finance, debt sustainability, trade, and migration.

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Table of Contents

Figures viii

Tables x

Contributors xi

Foreword Alexander Trepelkov xv

Acknowledgements xvii

1 Introduction: Opportunities and challenges for mobilizing the potential of developing country diasporas Krishnan Sharma Arun Kashyap Manuel F. Montes Paul Ladd 1

Part I Setting the stage 17

2 Understanding diaspora diversity and its impact on development Jennifer M. Brinkerhoff 19

Part II Diaspora funds and the poor 39

3 Remittances, diaspora and inclusive micro-finance: What have we learnt? Arun Kashyap Kai Schmitz 41

4 Fostering economic opportunity for transnational families Barbara Span 63

5 Citibank's experience serving the unbanked and under-banked through retail remittance services Ryan Newton Trang-Thien Tran Marcela Ramirez 81

6 Strengthening national policies for engaging diasporas as a development actor: Lessons from learning-by-doing activities Manuel Orozco 96

7 Developing capacity: Diasporas as transnational agents of development Chukwu-Emeka Chikezie 125

Part III Diaspora entrepreneurs and development 143

8 Strengthening the business sector in developing countries: The potential of diasporas Krishnan Sharma Manuel F. Montes 145

9 Why is diaspora potential so elusive? Towards a new generation of initiatives to leverage countries' talent abroad Yevgeny Kuznetsov 171

10 Venture capital and fixed-income markets in developing economies Parag Saxena 188

11 A Kenyan diaspora entrepreneur creating social value through tea: A case study Wanja Michuki 202

12 ChileGlobal: A talent network for innovation Molly Pollack 212

13 Policies to strengthen diaspora investment and entrepreneurship: Cross-national perspectives Liesl Riddle Tjai M. Nielsen 230

Index 253

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