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Cape Verde And Its Diaspora: Economic Transnationalism And Homeland Development, João Resende-Santos
Cape Verde And Its Diaspora: Economic Transnationalism And Homeland Development, João Resende-Santos
Journal of Cape Verdean Studies
This study examines the historical role of the diaspora in Cape Verde’s socioeconomic development. It analyzes the prospects and limitations of its diaspora as a transnational economic development resource. While it is policy oriented, the study offers a conceptual framework to analyze its diaspora engagement policies and efforts since 1975. Cape Verde has emerged as a success story. The diaspora’s contribution was one of the four essential factors behind this relative success: migration and remittances, overseas development assistance, large scale public investments, and reasonably sound policies and stewardship of public finances. Today Cape Verde confronts an adverse set of conditions …