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Whatever happened to Nepal's diaspora bonds?

Kathmandu, Nepal. Photo: © Simone D. McCourtie / World BankYou might recall that the finance minister of Nepal announced in the annual budget in July 2009 that the government would issue a diaspora...

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Preliminary estimates of diaspora savings suggest potential for diaspora bonds

It has often been said that the diaspora of developing countries possess considerable wealth that can be tapped – via issuance of diaspora bonds – for the origin countries’ development. We have just...

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Passions Fuelling Interests: A Portfolio Approach to Diaspora-Home Country...

Photo:Istockphoto.comFor 20 years, BP Agrawal led research and development at such companies as General Dynamics, ITT, GTE, and Hughes, helping take new technologies from lab to marketplace. US-based...

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"Homeward Bond" - New York Times Op-Ed on diaspora bonds

The New York Times published an opinion piece on diaspora bonds over the weekend. In this piece, Ngozi and I highlight the potential for mobilizing diaspora wealth for financing infrastructure...

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Can the Diaspora contribute to the creation of jobs in the Middle East and...

Recent attention has shifted from analyzing the impact of skilled migration on sending country labor markets to a broader agenda that also considers the channels by which diasporas promotes trade,...

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Launch of Africa migration report

We are launching the report of the AfDB-World Bank Africa migration project on March 30, 2011. The main report is titled Leveraging Migration for Africa: Remittances, Skills, and Investments. World...

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The ECA diaspora can contribute to development

At approximately 46 million, the diaspora population originating from the ECA (Europe & Central Asia) countries is the largest of all the development regions. Over ten percent of the population of...

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Enlist the diaspora – and remittance service providers – for fighting malaria

Diaspora members and remittance service providers (RSPs) can potentially help the global fight against malaria and other diseases. It is well known that migrants send extra money home for buying...

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Increasing interest in diaspora bonds

The side event on diaspora bonds organized during the annual meetings of the World Bank and the IMF attracted significant interest. Senior officials in the Bank considered forming a task force to...

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Migration and Trade Go Hand in Hand for Africa and the US

A recently introduced bipartisan legislation entitled, “The Increasing American Jobs through Greater Exports to Africa Act of 2012 “ will promote the increase of US exports to Africa. On March 22, U.S....

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Global Diaspora Forum 2012 - Moving Forward by Giving Back

Secretary Hillary Clinton is hosting the second Global Diaspora Forum tomorrow (on July 25th and 26th), in an emphatic recognition of the importance of the diasporas in fostering America's diplomatic...

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Global Forum on Migration and Development 2012: Mauritius - What a great forum!

I just attended the Global Forum on Migration and Development (GFMD)in Mauritius last November 21 -22, 2012. It was the first time that the GFMD was chaired by an African country. It was also the first...

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Can you be a Dual Citizen and also a Patriot and what does this mean for...

Some people view citizenship as like marriage– allegiance to more than one country at once is akin to disloyalty and cheating, and if you want to love a new country you have to give up any allegiance...

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The Decline of Development Aid and the Rise of the Diaspora?

Extensive thought has been devoted to aid and development and to migration and development. We have thought less however about whether migration could replace development aid, how far and in what...

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Growing role of diaspora in development discussed at the Ministerial...

On June 18 -19, I attended the Diaspora Ministerial Conference on the theme “Diasporas and Development: Bridging between Societies and States” organized by the International Organization for Migration...

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Connecting the Diasporas in Singapore

(In observance of the International Migrants Day, Dec 18)While diasporas by country of origin are typically bundled together in broadly held conceptions, they are not monolithic, and are separated by...

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Anti-Money Laundering Regulations: Can Somalia survive without remittances?

Remittances have been the main source of foreign exchange supporting Somalia during the conflict for the last twenty years. A recent IMF fact-finding mission to Somalia found that about $2 billion in...

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International Migrants’ Savings and Incomes

The potential for mobilizing diaspora savings for financing education, healthcare and infrastructure in countries of origin is massive. Some 170 million international migrants from developing...

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​Migration, Remittances and Diaspora for Financing for Development

The International Conference: Harnessing Migration, Remittances and Diaspora Contributions for Financing Sustainable Development organized by the Global Migration Group (GMG) will be held next Tuesday...

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Call for Proposals: Evaluation of diaspora programs

Diaspora engagement is a big and growing issue in developed and developing countries, with strong policy interest. But all things considered, the topic is vastly under-studied compared to its economic...

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