Search results
Jun 18, 2019 · Diasporas often demand what are known as ethnic, nostalgic and identity goods, thereby providing an important bridge into new markets. They may present a hidden strategic resource to promote trade and development and to catalyse innovation, investment and the development of new markets. Bridging markets. The diaspora can also help by bridging ...
Feb 8, 2024 · 2. Create an enabling environment to encourage investment. Recent initiatives, including Ghana’s Year of Return, demonstrate the need for creative engagement on issues that matter to diaspora members. But there is some way to go in understanding and scaling up policy for diaspora engagement and investment.
- Case Background and Methods
- Ida
- ConnectIreland
We use the Succeed in Ireland initiative to explore the theoretical and practical challenges of forming PPPs to attract migrant-based FDI through agreements linking IPAs to other organizations in the private and NGO sectors. Several factors related to our foundational concepts above (IPAs, PPPs, and diaspora capital) make Ireland an interesting con...
IDA is a noncommercial, government IPA. The agency was established as part of the Department of Industry and Commerce and initially focused on supporting and promoting export-led business (Barry & Fathartaigh, 2015), although it has since become more independent and has expanded its scope of influence to include all aspects of industrial developmen...
ConnectIreland is a nonprofit organization based in Dublin and founded in 2012 by Irish entrepreneur, Terry Clune, who previously founded Taxback.com, a company that facilitated the recovery of excess tax paid by foreign nationals while working abroad (Monagan, 2013). This experience gave Clune familiarity and connections with foreign nationals, an...
- Elena Poliakova, Liesl Riddle, Michael E. Cummings
- 2020
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. Financial flows from migrants and their descendants are at the heart of the relationship ...
Aug 3, 2020 · 4.1 Diaspora remittances. Diaspora remittances have been the subject of numerous studies at the macro and micro levels, and there is strong evidence that remittances are a major engine for development in Africa. According to the World Bank in 2019, formal remittances to Africa reached $86 bn USD [7].
- Paul Asquith, Stella Opoku-Owusu
- 2020
Diasporas can play an important role in the economic development of their countries of origin or ancestry. Beyond their well-known role as senders of remittances, diasporas also can promote trade and foreign direct investment, create businesses, spur entrepreneurship, and transfer new knowledge and skills. Policymakers increasingly recognize that an engaged diaspora can be an asset — or even ...
People also ask
How does diaspora direct investment affect international development?
What role do diasporas play in economic development?
How do diasporas contribute to the development of new markets?
Why are diaspora investments so important in Africa?
How can governments encourage the diaspora to invest?
Why do we need a diaspora?
In this paper we explore the impacts of Diaspora Direct Investment (DDI) on international development, i.e. we look at how direct investments from foreign companies connected to Diaspora members (i.e. diaspora-owned firms or firms with diaspora members in the top management) boost productive activities in the home country of such people.
