Diaspora remittances, though large, are rarely channeled into productive local investment.
open
Africa, Africa
Most remittance money goes to consumption rather than business or infrastructure investment, missing a huge development opportunity. Diaspora investment bonds and startup co-investment platforms could redirect some of these flows productively.
Citation ID: WS01594
Title: Diaspora remittances, though large, are rarely channeled into productive local investment.
URL: https://worldsolve.org/index.php?api=problem&id=1594