The paper develops additional economic arguments to emphasize the potential importance of the Diasporas’ contribution to economic transformation of former socialist economies. At the same time, it argues that so far this potential has been grossly underutilized, especially in the economies of the Former Soviet Union (FSU). Based on the analysis of such underutilization for a case of Armenia, the paper provides a set of simple recommendations on how to rationalize the Diaspora’s involvement and assistance to home countries in the course of transition.
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number
10013.
Find related papers by JEL classification: F22 - International Economics - - International Factor Movements and International Business - - - International Migration P30 - Economic Systems - - Socialist Institutions and Their Transitions - - - General J61 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Geographic Labor Mobility; Immigrant Workers
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