117. Snapshot - Diaspora Bonds as a path to development

Today’s discussion was recorded in October of 2023, where we were joined by our returning guest, Dr. Aleksandr Gevorkyan Dr. Gevorkyan received his bachelor’s degree in International Trade and Finance from Louisiana State University, two master's in Economics from The New School and Louisiana State University, and his Ph.D. in economics from New School. He is an expert on Central Eastern Europe and Former Soviet Union economies. He is the author of numerous journal articles, as well as two books: Transition Economies and Financial Deepening and Post-Crisis Development in Emerging Markets. He is a professor and Henry George Chair in Economics at St. John’s University, as well as a member here at the Henry George School. Today we will explore Diaspora Bonds and how they can impact development. Many underdeveloped nations don’t have the financial capacity to pursue transformative projects like building hospitals or infrastructure. Diaspora Bonds help fund these projects from expatriates who want to help their home country. Dr. Gevorkyan also explores how other nations have successfully used their diaspora to spur growth. To check out more of our content, including our research and policy tools, visit our website: https://www.hgsss.org/