Latest UN Report emphasizes on harnessing Diaspora remittances and knowledge

  Latest UN Report emphasizes on harnessing Diaspora remittances and knowledge Diaspora’s role in home countries development has been increasingly a subject of mainstream development discourses these days. Leading multilateral institutions such as UNDP, WB have already emphasized the potential contribution of the diaspora since 1990s in the context of “brain drain”. The recent Least Developed Countries (LDC) Report 2012 titled “Harnessing Remittances and Diaspora Knowledge to Build Productive Capacities” focuses on the issue of diaspora remittances and knowledge from a wider perspective.   Once not given much attention, remittances received by the least developed countries have become subject matter of development discourses in recent times. The LDC Report 2012 mentioned Remittances in the countries having