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Diaspora and Economic Development: A Systemic View

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  • Aleksandr V. Gevorkyan

    (St. John’s University)

Abstract

Recent attempts to generalize isolated successes of expatriate entrepreneurial networks offer limited insight into the more systemic questions on the role of diasporas in sustainable development of small economies. Drawing on experience of post-socialist transition and merging multidisciplinary perspectives, this paper advances a constructive critique to the conventional views. A historically multilayered socioeconomic construct, diaspora is in fact heterogeneous, often, lacking a unified stance and as such likely diminishing the relevance of the simplified first-mover business case study effect in development. Informed by an original survey, this paper proposes a new diaspora driven development framework of analysis. Any successful engagement of a diaspora with its homeland is a function of sustained interaction between the two entities. In the absence of transparent engagement infrastructure, diaspora’s links with a developing economy are short-lived and, usually, sector, event, or location specific. This analysis adds to the literature on the common good dimension in development where individual well-being is a systemic component of a larger outcome rather than the final aim.

Suggested Citation

  • Aleksandr V. Gevorkyan, 2022. "Diaspora and Economic Development: A Systemic View," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 34(3), pages 1522-1541, June.
  • Handle: RePEc:pal:eurjdr:v:34:y:2022:i:3:d:10.1057_s41287-021-00432-x
    DOI: 10.1057/s41287-021-00432-x
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    Cited by:

    1. Aleksandr V. Gevorkyan & Jacob Assa, 2021. "Poverty in “Transition”: 30 Years After and in the Pandemic," American Journal of Economics and Sociology, Wiley Blackwell, vol. 80(4), pages 1233-1258, September.
    2. Adhikari, Ambika P, 2022. "A Review of Nepali Diaspora, their Role in Nepal’s Development, and Lessons for Developing Countries," SocArXiv kj64z, Center for Open Science.

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    More about this item

    Keywords

    Common good; Diaspora; Economic policy; Migration; Sustainable economic development;
    All these keywords.

    JEL classification:

    • F3 - International Economics - - International Finance
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • P2 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies

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