Beyond remittances: Harnessing the African Diaspora Resources for the Development of Africa.
- Submitted in partial fulfillment of the degree Master of Arts in Law and Diplomacy at the Fletcher School of Law and Diplomacy. Abstract: This paper is an attempt to explore the contribution of the African diaspora, which goes far beyond personal remittances, and understand the various avenues – investments, trade links, skills and technology transfers – through which the diaspora’s resources can ... read morebe further mobilized for the development of Africa. These worthy endeavours require a supportive business climate, an economic context that is permissive to investment and most importantly a legal framework that encourages the movement of people. To that extent, the paper will also identify the role of African countries in promoting a sound political and institutional framework, the importance of co- development strategies and the facilitation of bilateral and multilateral agreements between western and African countries. The essay will strive to demystify perceived institutional barriers and the mainstream view that Africa cannot reverse its “brain drain”, offering instead a vibrant account of the impact that diasporas could be induced to have both from outside and inside their country of origin.read less
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