Diaspora externalities: A view from the South

Hillel Rapoport ()

No wp-2018-25, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: Migration decisions affect those left-behind in ways that are partly taken into account by market forces (e.g., wage effects on labour markets) and for the most part these can be seen as pure externalities. Diasporas are an example of such an externality. This paper reviews the recent economic literature on diaspora networks and development from the perspective of the global South. It is split into two parts: a first section reviews the effect of diaspora networks on trade, foreign investments, and the diffusion of knowledge as well as technology across borders.

Keywords: Diaspora networks; International migration; Development; Brain drain; FDI; Knowledge diffusion; Social remittances; Cultural integration; Trade (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (7)

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