Resource information
The diaspora of developing countries can
be a potent force for development for their countries of
origin, through remittances, but also, importantly, through
promotion of trade, investments, research, innovation, and
knowledge and technology transfers. This book brings
relevant experience from both developed and developing
countries to bear on issues confronting today's
governments in linking with their diaspora. The chapters
present different approaches used by countries that have
tried to maximize the possible gains from migration by
engaging more comprehensively with different diaspora groups
and individuals. Some African countries are pursuing
policies to develop links with Africans abroad, either to
encourage them to return or to use their skills, knowledge,
or financial capital to foster African development. The book
discusses concrete examples of diaspora initiatives that are
being implemented in Africa. There are comprehensive reviews
on how the diaspora can promote trade and investment
linkages. Some developing countries are using dual
citizenship to deepen ties with their diaspora. The book
directly addresses the issues of remittances-linked
financial instruments, investments by the diaspora, diaspora
bonds, contributions of skilled and unskilled diaspora in
transferring knowledge, analytical research on return
migration, and concrete circular migration experiences.
There is a need to have a better understanding of these
initiatives and to see whether they can be scaled up or
replicated in other countries worldwide.
