H. Hovhanesian, E. Shkarupa
Diaspora as external economic source of human resources for the sustainable development of the home country
(original language – English)
The competition for the economic development is becoming crueller global and any methods could be essential for it. In this situation, the immigration is a loss of economic resources for the country, but it could be turned into a valuable external source of human resources, if the country has a well developed long run strategy targeted to diaspora. The country with huge diaspora is better to build its diaspora directed strategy on creation of ownership among them toward economic development of their home country. In this case diaspora could be turned into huge pool of external human resources for the home country. It is foreign trade promotion tool for the guest and home countries as well, if the economy of the guest country has this need.
The activities of the Government of Armenia targeted on Diaspora possibly could be not considered as cautiously, continuously and strategically developed one taking into consideration more than 8 million Armenian spread all over the world. In most cases Diaspora involvements of home country development were Diaspora driven and the steps taken by the Government of Armenia could not be assessed as a proactive.
Key words: migration, diasporas, economic development, foreign trade, foreign investments, poverty reduction, globalization, networks, sustainable development.
Placed in №2, 2012.
Affiliations: Hasmik Hovhanesian, PhD, Docent, Yerevan State University, Armenia; Elena Shkarupa, PhD, Docent, Docent of Department of Economics and Business Administration, Sumy State University, Ukraine.
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