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dc.contributor.authorWei, Yingqi*
dc.contributor.authorBalasubramanyam, V.N.*
dc.date.accessioned2009-08-11T10:40:10Z
dc.date.available2009-08-11T10:40:10Z
dc.date.issued11/08/2009
dc.identifier.citationWei, Y. and Balasubramanyan, V.N. (2006). Diaspora and development. The World Economy. Vol. 29, No.11, pp. 1599-1609.en
dc.identifier.urihttp://hdl.handle.net/10454/3274
dc.descriptionNo
dc.description.abstractJagdish Bhagwati's proposal for a 'brains tax' to be levied on the incomes of the diaspora from developing countries residing in the developed countries and the proceeds to be remitted to the countries of origin of the diaspora is well known. In recent years the voluntary contributions or remittances from the diaspora to their countries of origin have often been higher than the aid monies given to these countries. It is now increasingly recognised that the diaspora may have an active role to play in the development process of their countries of origin. They are not only a source of funds; they are also a rich source of skills and know-how. This paper analyses the potential of the diaspora as agents of change in their countries of origin and argues that the social rate of return to a unit of diaspora investments may be higher than that for a unit of foreign direct investment from non-diaspora sources.en
dc.language.isoenen
dc.subjectJagdish Bhagwati
dc.subjectDiaspora
dc.subjectDeveloping countries
dc.subjectDevelopment
dc.subjectCountries of origin
dc.subjectBrains tax
dc.titleDiaspora and developmenten
dc.status.refereedYes
dc.typeArticle
dc.type.versionNo full-text in the repository
dc.identifier.doihttps://doi.org/10.1111/j.1467-9701.2006.00856.x
dc.openaccess.statusclosedAccess


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