Part 4/9:
Strong National Institutions: Effective governance and compliance with financial regulations are essential for the credibility of diaspora bond programs. States must possess the capacity to design financial instruments tailored for their migrant populations.
Engagement with the Diaspora: The emotional connection of the diaspora to their homeland can significantly influence their willingness to invest. Wealthy, first-generation migrants who feel a patriotic obligation are more likely to accept lower returns on their investments, especially during times of crisis.
Successful Examples: Israel and India
To illustrate the successful implementation of diaspora bonds, two nations were highlighted: Israel and India.