Abstract

iii ACKNOWLEDGEMENTS iv LIST OF FIGURES viii ACRONYMS ix CHAPTER 1 – THE CHANGING DEVELOPMENT DISCOURSE: FROM AID TO DEVELOPMENT EFFECTIVENESS 1 Research Questions 3 Rationale and Significance of the Thesis 6 Thesis Design and Methodology 6 The Road to Busan: The Emerging Aid-Development Effectiveness Architecture ...... 13 Thesis Breakdown 23 CHAPTER 2 – DIASPORAS AS DEVELOPMENT ACTORS 25 Introduction to Diasporas 26 The Formation of Diasporas 27 Types of Diasporas 29 The Role of Distance-Shrinking Technologies in Diasporas‘ Activities 37 Diasporas and Development 39 Home Country Engagement of Diasporas 43 The Role of Remittances in International Development 48 The Development Impacts of Remittances 52 Diaspora Investment in Home Country Economies 56 Diaspora Entrepreneurship through Diaspora Direct Investment 56 Diaspora Investment in Home Country Capital Markets 58 Diasporas as First Movers in Developing Country Investments 62 Diaspora Advocacy and Political Influence 64 Diaspora Volunteerism 70 Diaspora Tourism 72 Nostalgia Trade 77 Conclusion 79

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