How the Diaspora Can Drive Development in Emerging Economies

Many individuals in the diaspora once envisioned returning to their home countries to start businesses, establish organizations, or engage in politics. However, life often takes a different course—family responsibilities, financial commitments, and new opportunities abroad make relocation less feasible. Yet, contributing to one’s homeland does not require physical presence.

Thanks to modern technology, global connectivity has never been easier. While being on the ground may facilitate direct engagement, digital advancements allow individuals to make a meaningful impact from anywhere. The world has evolved into an interconnected network, where entrepreneurs operate multinational businesses from their laptops and organizations function seamlessly across borders. Distance is no longer a barrier to involvement.

The engagement of the diaspora in the development of third-world countries is not merely an option—it is a necessity. When individuals leave their homeland, their potential contributions to its growth and success are also lost. Yet, history has shown that the collective efforts of a nation’s people are instrumental in driving progress. President John F. Kennedy once stated, “Ask not what your country can do for you—ask what you can do for your country.” His words underscore the vital role that people play in national development.

Remittance is not enough

Some may argue that the diaspora already supports their home countries by sending billions of dollars in remittances. While these funds are undeniably valuable, they are not as transformative as often assumed. In many developing nations, remittances are used to purchase goods and services that are largely imported, benefiting foreign economies more than the local population. Furthermore, service industries are often dominated by non-local entities, meaning that much of the money sent home does not stay within the country. Without the infrastructure to retain and circulate wealth domestically, sustainable economic growth remains elusive.

In some cases, heavy reliance on remittances can even become counterproductive. A population dependent on external financial support may lack the incentive to cultivate self-sufficiency and develop local industries. True progress comes from building systems that empower people to create and sustain their own economic opportunities.

Learning from history

History has a way of repeating itself when lessons go unheeded. Consider the widespread outrage that erupted after former U.S. President Donald Trump referred to Haiti and certain African and Latin American nations as “shithole countries.” While the indignation was justified, such derogatory remarks are symptomatic of deeper global perceptions shaped by economic realities. If these nations do not achieve substantial development, similar offensive rhetoric will surface again—whether in 10, 15, or 20 years, and whether from a different leader or public figure.

The responsibility to change these narratives lies not just with governments, but also with the diaspora. Their expertise, investment, and advocacy can drive the creation of robust economic systems, innovation, and political reforms in their countries of origin. By leveraging their resources and knowledge, diaspora communities can be powerful catalysts for long-term development and national progress.

The diaspora holds immense potential to transform their home countries—not just through financial contributions, but by fostering entrepreneurship, creating infrastructure, and sharing expertise. As the world becomes increasingly interconnected, their role in development is more critical than ever. It is time for those abroad to channel their knowledge, skills, and resources into building stronger, self-sufficient nations that thrive from within.