In view of the globalizing world, the increasing role of ethnic entrepreneurial networks, unprecedented social and technological changes, the potential of Armenian Diaspora has become a major untapped force for Armenia's development.
It is a unique underutilized economic asset, if we abstract from other non-economic aspects. Self-organizing processes instead of chaotic, often fragmented efforts may turn the financial, intellectual, social and human resources of the Diaspora into a driving force for creating a national system modeled after a "hub-and-spoke" arrangement.
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The Role of the Diaspora (Emigrant Networks) in Generating Foreign Direct Investments
The research examines the impact of Armenian Diaspora on generating FDI in Armenia in 1994-2004. The broader purpose is to understand how the Diaspora-generated FDI influenced the national competitiveness of Armenia.
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