This edited volume examines the development impact of diasporas in six critical areas: entrepreneurship, capital markets, "nostalgia" trade and "heritage" tourism, philanthropy, volunteerism, and advocacy.
This report explores how nostalgia trade and heritage tourism can involve diaspora populations in transactions that ease the integration of their homeland economies, while helping maintain their ties to their countries of origin or ancestry.
A growing body of evidence suggests that diasporas play a critical role in supporting sustainable development by transferring resources, knowledge, and ideas back to their home countries, and in integrating their countries of origin into the global economy.
This report identifies features of remittances that make them ideal leveraging agents for poverty reduction and migration management agendas, and proposes a four-part international research and policy agenda for maximizing the development impact of international remittances.
Previously confined to everyday conversations among migrants and their families, remittances are now on the minds of most governments, members of civil society, the international community, and, to some extent, the private sector. The continued deficiency in our understanding of some of the fundamental aspects of remittances is evident in current literature.
For an increasing number of scholars, international migration has undergone a transformation particularly in the last decade or so. Although circular migration’s impact on development is far from settled, a review of the current literature suggests increasing optimism about its developmental potential.
This volume finds that while emigration may be beneficial in some cases, unhindered high-skilled emigration, particularly in the case of sub-Saharan Africa, can have disastrous consequences. The author, Arno Tanner, recommends specific policies where carefully targeted development measures could be used to mitigate the negative consequences of brain drain.