Investing in Peace: The Motivational Dynamics of Diaspora Investment in Post-Conflict Economies

Nielsen, Tjai M.; Riddle, Liesl

doi:10.1007/s10551-010-0399-z

Cited by 110 publications

(109 citation statements)

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“…This emotional connection promotes awareness and concern for the challenges faced by other diaspora members (Best et al 2013;Brinkerhoff 2008Brinkerhoff , 2011. Philanthropy toward the diaspora becomes a way to demonstrate connection to and membership in the group and becomes a key means of expressing diasporan identity (Brinkerhoff 2011;Nielsen and Riddle 2010;Werbner 2002). Some contend that a sense of obligation due to comparatively high income or quality of life can motivate diaspora philanthropy (Brinkerhoff 2008(Brinkerhoff , 2011, while others reason that country of origin cultural norms dictating that social needs should be provided by the family, clan, or ethnic group are at play (Brinkerhoff 2011;Tchouassi and Sikod 2010).…”

Section: What Is Diaspora Philanthropy?mentioning

confidence: 99%

“…Much of the existing research on the impact of diasporas on development in their countries of origin focuses on remittances, business investing, and business networks (Brinkerhoff 2009a, b;Chacko and Gebre 2013;Lowell and De la Garza 2000;Gillespie et al 1999Gillespie et al , 2001Leblang 2010;Mehrez and Hamdy 2010;Mohan Voluntas 2002;Mullings 2011;Mutume 2005;Newland and Tanaka 2010;Nielsen and Riddle 2010;Nyberg-Sorensen et al 2002;Ö zden and Schiff 2005;Page and Plaza 2006;Sikod and Tchouassi 2007;Newland and Patrick 2004;Riddle et al 2008;Tchouassi and Sikod 2010). While scholars recognize diaspora philanthropy as an important subset of remittances (Orozco 2001;Ö zden and Schiff 2005;Page and Plaza 2006;Sikod and Tchouassi 2007;Tchouassi and Sikod 2010), research specifically on diaspora philanthropy is ''in its infancy'' (Brinkerhoff 2014, p. 1).…”

Section: What Is Diaspora Philanthropy?mentioning

confidence: 99%

“…) Group membership is also a critical component of the dynamics at play; participation in both practices gives individuals a sense of expression, membership, and belonging (see Table 1). Diasporans are acutely aware of the common cultural aspects and practices that are part of the diaspora membership (Werbner 2002), and philanthropy toward the group becomes a means of expressing connection to and membership in the diaspora in a concrete fashion (Brinkerhoff 2011;Nielsen and Riddle 2010;Werbner 2002). Participants in crowdfunding experience the benefits of group membership as well, including enhanced networking and cooperation (Davies 2014;Stiver et al 2015;Zuckerman 2014), and emotional benefits that derive from expressing one's ethical commitments (Hollow 2013).…”

Section: Shared Aspects Of Crowdfunding and Diaspora Philanthropymentioning

confidence: 99%

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Crowdfunding and Diaspora Philanthropy: An Integration of the Literature and Major Concepts

Flanigan

2016

Voluntas

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Crowdfunding and diaspora philanthropy are two emerging areas of research that are generating excitement in the field of philanthropic studies. However, little if any research examines the shared characteristics and advantages of these two phenomena, and if and how crowdfunding might serve to strengthen efforts in the practice of diaspora philanthropy. This article reviews relevant literature on crowdfunding and diaspora philanthropy, and then analyzes overlapping characteristics, strengths, and limitations of these practices. The article then considers the potential of crowdfunding to contribute toward diaspora philanthropy, giving particular attention to the contexts and challenges faced in philanthropy in the global South.Résumé Le financement collectif et la philanthropie de la diaspora sont deux domaines de recherche émergents qui génèrent de l'engouement dans le milieu des études philanthropiques. Cependant, nulle ou peu de recherches examinent les caractéristiques et avantages communs de ces deux phénomènes et si et comment le financement collectif peut renforcer la pratique de la philanthropie de la diaspora. Cet article examine la documentation pertinente publiée sur le financement collectif et la philanthropie de la diaspora, pour ensuite analyser les caractéristiques, forces et limites chevauchantes de ces pratiques. L'article tient ensuite compte de la potentielle contribution du financement collectif envers la philanthropie de la diaspora, en portant une attention particulière aux contextes et défis qui caractérisent la philanthropie dans l'hémisphère sud.Zusammenfassung Die Gruppenfinanzierung (Crowdfunding) und die DiasporaPhilanthropie sind zwei neuere Forschungsgebiete, die den Bereich der philanthropischen Studien begeistern. Wenn überhaupt, untersuchen allerdings nur wenige Forschungsarbeiten die gemeinsamen Merkmale und Vorteile dieser beiden Phänomene und ob und wie das Crowdfunding die Bemühungen in der Praxis der Diaspora-Philanthropie stärken können. Dieser Beitrag prüft die einschlägige Literatur zum Crowdfunding und zur Diaspora-Philanthropie und analysiert sodann die überlappenden Merkmale, Stärken und Einschränkungen dieser Praktiken. Man erwägt das Potenzial des Crowdfunding, zur Diaspora-Philanthropie beizutragen, und konzentriert sich insbesondere auf die Zusammenhänge und Probleme im Bereich der Philanthropie im globalen Süden.Resumen El crowdfunding o micromecenazgo y la filantropía de la diáspora son dos áreas emergentes de la investigación que están generando entusiasmo en el campo de los estudios filantrópicos. Sin embargo, pocas investigaciones, si las hay, examinan las características y las ventajas compartidas de estos dos fenómenos, y si y cómo el crowdfunding puede servir para intensificar los esfuerzos en la práctica de la filantropía de la diáspora. El presente artículo revisa el material publicado relevante sobre crowdfunding y la filantropía de la diáspora, y analiza después las características que se solapan, las fortalezas y las limitaciones de estas prácticas. Despu...

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Section: What Is Diaspora Philanthropy?mentioning

confidence: 99%

Section: What Is Diaspora Philanthropy?mentioning

confidence: 99%

Section: Shared Aspects Of Crowdfunding and Diaspora Philanthropymentioning

confidence: 99%

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Crowdfunding and Diaspora Philanthropy: An Integration of the Literature and Major Concepts

Flanigan

2016

Voluntas

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“…These emotional ties often generate an interest in the hardships endured by other diaspora members in the homeland and beyond (Brinkerhoff, 2008(Brinkerhoff, , 2011Best et al, 2013;Flanigan and Abdel-Samad, 2016). Assistance to other members of the diaspora can serve as one means of expressing identity and demonstrating belonging to the community (Nielsen and Riddle, 2009;Brinkerhoff, 2011). A sense of responsibility generated by a comparatively high quality of life and cultural norms of mutual aid can serve as other motivations for aiding members of the diaspora (Brinkerhoff, 2008(Brinkerhoff, , 2011Tchouassi and Sikod, 2010;Flanigan and Abdel-Samad, 2016).…”

Section: Literature On Diaspora Philanthropymentioning

confidence: 99%

Social Accountability in Diaspora Organizations Aiding Syrian Migrants

Abdel-Samad

Flanigan

2018

International Migration

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This article presents data from a study of Syrian diaspora organizations providing assistance to conflict-affected Syrians in Europe, the Middle East, and North America. Using interview data from leaders in four Syrian diaspora non-profit organizations, this article examines the social mechanisms used to ensure accountability within the challenging environments where the organizations operate. We find that Syrian diaspora organizations benefit from informal social accountability mechanisms that derive from individuals' social network ties. Personal, social forms of accountability are particularly valuable to these organizations because these mechanisms help circumvent uncertainty and challenges in the operational environment. These findings reflect an important theme in the extant literature on diaspora philanthropy: diaspora members may have an advantage over other actors because of dense personal networks that make them adept at identifying dependable partners and enforcing agreements even in places where banking and legal systems are fragile.

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“…This places the Diaspora in a strategic position in which they can invest in, among other sectors, the capital sector through entrepreneurship and trading and more importantly, they have the ability to create markets by importing commodities from the homeland and thereafter exporting commodities manufactured in the host country or country of residence. Furthermore, the Diaspora shares knowledge on markets and can identify business opportunities as well as become intermediaries for domestic corporations and develop human capital (Nielsen and Riddle 2009). Kenya, in particular, has attracted more foreign investment in the East African region (Sudhakaran 2012).…”

Section: A Conceptual Overview Of the Diasporamentioning

confidence: 99%

The Indian Diaspora and policy formulation in Kenya

Kiamba

2014

BDIA

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The relations between the East African region and India predate a shared colonial experiences. The close cooperation enjoyed by India and the East African states is further enhanced by the presence of Indian Diaspora, which coincides with the globalisation of economic activities and the pursuit of development. The presence of the Diaspora has been a catalyst for industrial growth and investment in the region, more particularly in Kenya. Indeed, economic growth has been attributed to, among other factors, the Diaspora. This in turn has placed the Diaspora in the path towards attracting and shaping patterns of trade, investment and economic growth. The role of the Diaspora in trade, investment and economic growth has remained perceptible from colonialism to date. Given the predominant influence of the Diaspora in investment, an account of the Diaspora in articulating policy in other sectors such as politics is slightly evident. The article identifies this concern given that the Diaspora has a stake in the economy and also has the potential to enhance comprehensive relations between Kenya and India. The article begins by providing a brief overview of the Diaspora in Kenya and identifies notable individuals who have shaped policies across politics and economics. It argues that the Indian Diaspora have been somewhat inconspicuous in the enunciation of policies due to the inclination of the Diaspora to maintain an indiscernible ‘political’ identity, which in this context is largely based on post-colonial experiences. The article argues that in order to promote the role of the Diaspora in policy formulation, there is a need to acknowledge that political processes are important avenues through which economic processes of investment, trade and development are achieved. Consequently, a more comprehensive approach is required. The article is as a result of perceptions and expectations on the Diaspora in policy formulation and articulation. It juxtaposes various watershed moments to query the imperceptible ‘political’ identity of the Diaspora. International events such as India’s pre-colonial trade with East Africa, the role of the Diaspora in struggle for independence, particularly, in Kenya and South Africa, the establishment of the Non-Aligned Movement and attendant principles of Bon Voisagne or Panscheel and South–South cooperation reflect India’s connection with and importance to developing countries. In retrospect though, developing countries like Kenya continue to put emphasis on economic and industrial development, subsequently pursuing and attracting trade and investment from developing and developed countries. Given the importance attached to the Indian Diaspora since independence as instrumental vehicles in industrial development, the article considers the role of the Diaspora in a more comprehensive formulation of policy. The conclusion identifies how India and Kenya can mutually enhance the role of the Diaspora amid a variety of interests.

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Investing in Peace: The Motivational Dynamics of Diaspora Investment in Post-Conflict Economies

Abstract: investment motivation, conflict, peace through commerce, diaspora, social investment, behavioral finance, emotions, home bias, attachment, investment promotion,

Cited by 110 publications

References 48 publications

Crowdfunding and Diaspora Philanthropy: An Integration of the Literature and Major Concepts

Crowdfunding and Diaspora Philanthropy: An Integration of the Literature and Major Concepts

Social Accountability in Diaspora Organizations Aiding Syrian Migrants

The Indian Diaspora and policy formulation in Kenya

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