Partnering to beckon them home: public‐sector innovation for diaspora foreign investment promotion |
| |
| Authors: | Liesl Riddle Jennifer M. Brinkerhoff Tjai M. Nielsen |
| |
| Affiliation: | 1. School of Business, International Business and International Affairs, The George Washington University, Washington, DC;2. The Elliott School of International Affairs, Trachtenberg School of Public Policy and Public Administration, The George Washington University, Washington, DC;3. School of Business Management, The George Washington University, Washington, DC |
| |
| Abstract: | This article examines a little‐studied component of public administration existing in most countries around the world and particularly important for developing countries: national investment promotion agencies (IPAs). Diasporas are an increasingly important and relatively untapped resource for development and many homeland governments view diaspora foreign investment as key to their economic development. In addition to being generally under‐resourced, many IPAs struggle to identify ways to effectively target, cultivate and facilitate diaspora homeland investment (DHI). To accomplish these goals, these public‐sector entities are beginning to identify and leverage key partnerships in the NGO sector. We describe the services IPAs offer and enumerate the challenges they face associated with DHI. Drawing on three illustrations of IPA–NGO partnerships, we develop preliminary tools for identifying and designing partnerships for the purpose of promoting DHI based on their scope, function and degree of formality. Copyright © 2007 John Wiley & Sons, Ltd. |
| |
| Keywords: | partnership diaspora NGOs foreign investment investment promotion |
|
|
