In: Economics
What is the link between diaspora and remittances?
Answer -
Diasporas is considered as an important source of capital, technology, trade and knowledge for countries of origin and destination.
Diasporas are an important and long term feature of migration.According to researcher diasporas have a significant effect on the countries of origin through their economic and social linking ,in the period of war,civil conflict and social insecurity. As the flow of remittances from international migration has increased the interest in economic and social impact of remittances from diasporas has grown.
Many times diasporas and remittances faces a challange of data as existing data don't provide information about the size of diasporas population in the Economies.