Investing in the Homeland

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  • Investing in the Homeland Book Detail

  • Author : Benjamin A.T. Graham
  • Release Date : 2019-01-23
  • Publisher : University of Michigan Press
  • Genre : Political Science
  • Pages : 271
  • ISBN 13 : 0472124617
  • File Size : 1,1 MB

Investing in the Homeland by Benjamin A.T. Graham PDF Summary

Book Description: Once viewed as a “brain drain,” migrants are increasingly viewed as a resource for promoting economic development back in their home countries. In Investing in the Homeland, Benjamin Graham finds that diasporans—migrants and their descendants—play a critical role in linking foreign firms to social networks in developing countries, allowing firms to flourish even in challenging political environments most foreign investors shun. Graham’s analysis draws on new data from face-to-face interviews with the managers of over 450 foreign firms operating in two developing countries: Georgia and the Philippines. Diaspora-owned and diaspora-managed firms are better connected than other foreign firms and they use social ties to resolve disputes and influence government policy. At the same time, Graham shows that diaspora-affiliated firms are no more socially responsible than their purely foreign peers—at root, they are profit-seeking enterprises, not development NGOs. Graham identifies implications for policymakers seeking to capture the development potential of diaspora investment and for managers of multinational firms who want to harness diasporans as a source of sustained competitive advantage.

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Investing in the Homeland

Investing in the Homeland

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Once viewed as a “brain drain,” migrants are increasingly viewed as a resource for promoting economic development back in their home countries. In Investing

Homeland Security

Homeland Security

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The Dept. of Homeland Security (DHS) invests extensively in major acquisition programs to develop new systems that help the department execute its many critical