economic development · Julian Hinz

Engaging the Diaspora in Internationalizing Colombia's Economy

Ricardo Hausmann — Tue, 01 Mar 2022 00:00:00 +0000

Colombia’s growth over the last two decades was driven by a handful of commodity-based industries, and the economy’s structural weakness traces back to a lack of diversification into more sophisticated products and services. The diaspora can support the country’s diversification and foster its economic integration into global value chains. Drawing on our study of 1.7 million members of the global Colombian diaspora, 3.5 million Twitter users of presumed Colombian origin, and a survey with 11,500 responses from over 100 countries, we argue that the key is to nurture relationships with Colombians abroad — well-educated professionals, senior managers, entrepreneurs, scientists, and inventors who can create strong links between Colombia and highly productive regions such as California, New York, and London.

The Role of the Diaspora in the Internationalization of the Colombian Economy

Ljubica Nedelkoska — Sat, 01 May 2021 00:00:00 +0000

We studied the geography as well as the demographic and socio-economic characteristics of 1.7 million members of the global Colombian diaspora (34% of the total estimated Colombian diaspora) using census and survey data from major host countries, and 3.5 million Twitter users located around the world presumed to be of Colombian origin. We also studied the locations and industries of Colombian senior managers and directors outside Colombia, using a global database of over 400 million companies. Moreover, we studied the migration journeys, the diaspora’s attachment to Colombia, the level of diaspora engagement and interest in engaging, the intentions to return back home, the interest in diaspora government policy, and the overall sentiment of the diaspora towards Colombia, through a survey which received 11,500 responses from the diaspora in well over 100 countries in less than two months. We additionally interviewed 12 Colombian transnational entrepreneurs and professionals, to understand what attracts them professionally to Colombia, and what may stand in the way of more diaspora engagement and professional growth. The study provided input to the Steering Committee of Colombia’s Internationalization Mission (2020–2021).

Datenmonitor global — Wie die Corona-Krise die Länder des globalen Südens trifft

Julian Hinz — Thu, 31 Dec 2020 00:00:00 +0000