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Weekly Roundup 7/27/13 – Sparking the Diaspora
Harnessing the power of the diaspora, not just as a means of familial economic assistance, but also for wider financial and infrastructure investment, is getting less theoretical and more applied. That’s especially thanks to the power of social media to pull expatriate investors together, and the ease of money transfers. It seems the next big wave of financial innovation is coming in the form of products like diaspora bonds and profit-seeking, albeit patient capital, diaspora funds.
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