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Diaspora Bonds: A Framework for Understanding Diaspora Bond Viability

Team Members

Riya Patel, Jeremy Pimentel, Prateek Sood

Abstract

Diaspora bonds are financial instruments that tap into the resources of diaspora populations to provide foreign exchange and long-term stable financing. This type of financing has been described as a potential source for developing dynamic comparative advantages and investing in key critical sectors such as infrastructure, education, and energy. However, to date, diaspora bonds have seen limited use and limited success. By examining past attempts to issue diaspora bonds, we developed a framework for assessing the viability of diaspora bonds for interested countries. This model will reduce uncertainties and help interested parties realize the potential of diaspora bonds.

Diaspora Bonds: A Framework for Understanding Diaspora Bond Viability - Executive Summary Video

Diaspora Bonds: A Framework for Understanding Diaspora Bond Viability Video

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Poster showing a summary of the project research findings

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