Realizing the Development Potential of Diasporas

by Unknown

• ISBN13: 9789280811957
• ISBN10: 9280811959
• Format: Paperback
• Copyright: 2011-02-17
• Publisher: United Nations

Summary

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.

Author Biography

Krishnan Sharma is an Economist in the Financing for Development Office of the United Nations Department of Economic and Social Affairs (UNDESA). Arun Kashyap is an Advisor for Private Sector Development in the Private Sector Division of the United Nations Development Programme (UNDP). Manuel F. Montes is the Chief of the Policy Analysis and Development Branch at the Financing for Development Office of UNDESA. Paul Ladd is an Advisor to UNDP on issues related to inclusive globalization, including development finance, debt sustainability, trade and migration trade and migration.

Table of Contents

Figures	p. viii
Tables	p. x
Contributors	p. xi
Foreword	p. xv
Acknowledgements	p. xvii
Introduction: Opportunities and challenges for mobilizing the potential of developing country diasporas	p. 1
Setting the stage	p. 17
Understanding diaspora diversity and its impact on development	p. 19
Diaspora funds and the poor	p. 39
Remittances, diaspora and inclusive micro-finance: What have we learnt?	p. 41
Fostering economic opportunity for transnational families	p. 63
Citibank's experience serving the unbanked and under-banked through retail remittance services	p. 81
Strengthening national policies for engaging diasporas as a development actor: Lessons from learning-by-doing activities	p. 96
Developing capacity: Diasporas as transnational agents of development	p. 125
Diaspora entrepreneurs and development	p. 143
Strengthening the business sector in developing countries: The potential of diasporas	p. 145
Why is diaspora potential so elusive? Towards a new generation of initiatives to leverage countries' talent abroad	p. 171
Venture capital and fixed-income markets in developing economies	p. 188
A Kenyan diaspora entrepreneur creating social value through tea: A case study	p. 202
ChileGlobal: A talent network for innovation	p. 212
Policies to strengthen diaspora investment and entrepreneurship: Cross-national perspectives	p. 230
Index	p. 253
Table of Contents provided by Ingram. All Rights Reserved.