Remittances are NOT Diaspora Investment by Guest Writer

March 10, 2020     / / / / / / / / / / / / / / / /

My favorite Diaspora definition is the one by G. Scheffer: “Modern Diasporas are ethnic minority groups of migrant origins residing and acting in host countries but maintaining strong sentimental and material links with their countries of origin—their homelands.” The term Diaspora comes from the Greek words “to sow” and “over”, as in the scattering of seed, and for them it meant the “seeding” of Greek colonies in distant lands. Remittances are funds sent by immigrants to their home countries for various uses including paying school fees for relative, covering healthcare costs for family as well as activities such as building…