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Global Diaspora Services_Catalysts For Change Zone of Future Innovtion

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  • 1. © 2013 Institute for the Future for Rockefeller Foundation. All rights reserved. SR-1563B © 2013 Institute for the Future. All rights reserved. SR-1563B March 2013 Foresight Engine Game Analysis: 25 Zones of Future Innovation © 2013 Institute for the Future for Rockefeller Foundation. All rights reserved. SR-1563B A project by Institute for the Future and The Rockefeller Foundation www.iftf.org/our-work/global-landscape/catalysts-for-change/catalysts-zones-of-innovation Contact: Tessa Finlev, tfinlev@iftf.org
  • 2. © 2013 Institute for the Future for Rockefeller Foundation. All rights reserved. SR-1563B 16 | Global Diaspora Service 2
  • 3. © 2013 Institute for the Future for Rockefeller Foundation. All rights reserved. SR-1563B The connections between members of a diaspora and their homeland are often strong, and represent a source of exchange, innovation, and learning. While diaspora remittances have long made up an immense proportion of local GDP in many low and middle-income countries— setting a new record of around $534 billion in 2012 according to the World Bank—there is a great need to make this exchange of money efficient and to harness the wider capabilities of the diaspora. Using diaspora connections in a more systematic way could have an outsized catalytic effect on vulnerable communities. 3 16 | Global Diaspora Services | Future Innovation © 2013 Institute for the Future for Rockefeller Foundation. All rights reserved. SR-1563B
  • 4. © 2013 Institute for the Future for Rockefeller Foundation. All rights reserved. SR-1563B Providing better platforms for people in the diaspora to mentor individuals or even crowdfund larger infrastructure projects back home were but two ways players suggested we could increase the potential of diaspora communities. There was also discussion of incentivizing professional individuals in the diaspora to return home in order to temporarily provide much needed services, like mental health care, to counteract brain-drain losses. 4 16 | Global Diaspora Services | From the Players © 2013 Institute for the Future for Rockefeller Foundation. All rights reserved. SR-1563B
  • 5. © 2013 Institute for the Future for Rockefeller Foundation. All rights reserved. SR-1563B 5 #Kenyans in diaspora. Tap from Kenyans in the diaspora. Some of them have formed investment clubs and are investing in Kenya.* Kenya** 16 | Global Diaspora Services | Micro-forecasts from the Game *Cards have been lightly edited for readability. **Player location was self selected.
  • 6. © 2013 Institute for the Future for Rockefeller Foundation. All rights reserved. SR-1563B 6 USA Diaspora bonds can tap into wealth abroad and give it back to communities in need, e.g. for infrastructure investments benefitting the poor. 16 | Global Diaspora Services | Micro-forecasts from the Game # Kenyans in diaspora. Tap from Kenyans in the diaspora. Some of them have formed investment clubs and are investing in Kenya. Kenya
  • 7. © 2013 Institute for the Future for Rockefeller Foundation. All rights reserved. SR-1563B 7 16 | Global Diaspora Services | Micro-forecasts from the Game Create a World Mobile Banking forum (a la Davos) to make mobile banking systems interoperable and reduce transaction costs for remittances! Singapore # Kenyans in diaspora. Tap from Kenyans in the diaspora. Some of them have formed investment clubs and are investing in Kenya. Kenya Diaspora bonds can tap into wealth abroad and give it back to communities in need, e.g. for infrastructure investments benefitting the poor. USA
  • 8. © 2013 Institute for the Future for Rockefeller Foundation. All rights reserved. SR-1563B 8 16 | Global Diaspora Services | Micro-forecasts from the Game Create online diaspora networks for mentoring youth back in the home country. USA # Kenyans in diaspora. Tap from Kenyans in the diaspora. Some of them have formed investment clubs and are investing in Kenya. Kenya Diaspora bonds can tap into wealth abroad and give it back to communities in need, e.g. for infrastructure investments benefitting the poor. USA Create a World Mobile Banking forum (a la Davos) to make mobile banking systems interoperable and reduce transaction costs for remittances! Singapore
  • 9. © 2013 Institute for the Future for Rockefeller Foundation. All rights reserved. SR-1563B 9 16 | Global Diaspora Services | Micro-forecasts from the Game Yes. I think countries who mobilise their Diaspora stand to benefit immensely. I read of Cape Verde & Eritrea in Africa. Sweden # Kenyans in diaspora. Tap from Kenyans in the diaspora. Some of them have formed investment clubs and are investing in Kenya. Kenya Diaspora bonds can tap into wealth abroad and give it back to communities in need, e.g. for infrastructure investments benefitting the poor. USA Create a World Mobile Banking forum (a la Davos) to make mobile banking systems interoperable and reduce transaction costs for remittances! Singapore Create online diaspora networks for mentoring youth back in the home country. USA
  • 10. © 2013 Institute for the Future for Rockefeller Foundation. All rights reserved. SR-1563B 10 16 | Global Diaspora Services | Micro-forecasts from the Game Create incentives for mental health workers to do internships in poor regions. Untreated MH conditions lead to disability/poverty USA # Kenyans in diaspora. Tap from Kenyans in the diaspora. Some of them have formed investment clubs and are investing in Kenya. Kenya Diaspora bonds can tap into wealth abroad and give it back to communities in need, e.g. for infrastructure investments benefitting the poor. USA Yes. I think countries who mobilise their Diaspora stand to benefit immensely. I read of Cape Verde & Eritrea in Africa. Sweden Create a World Mobile Banking forum (a la Davos) to make mobile banking systems interoperable and reduce transaction costs for remittances! Singapore Create online diaspora networks for mentoring youth back in the home country. USA
  • 11. © 2013 Institute for the Future for Rockefeller Foundation. All rights reserved. SR-1563B 11 16 | Global Diaspora Services | Micro-forecasts from the Game # Kenyans in diaspora. Tap from Kenyans in the diaspora. Some of them have formed investment clubs and are investing in Kenya. Kenya Diaspora bonds can tap into wealth abroad and give it back to communities in need, e.g. for infrastructure investments benefitting the poor. USA Yes. I think countries who mobilise their Diaspora stand to benefit immensely. I read of Cape Verde & Eritrea in Africa. Sweden Create a World Mobile Banking forum (a la Davos) to make mobile banking systems interoperable and reduce transaction costs for remittances! Singapore Create online diaspora networks for mentoring youth back in the home country. USA Create incentives for mental health workers to do internships in poor regions. Untreated MH conditions lead to disability/poverty USA
  • 12. © 2013 Institute for the Future for Rockefeller Foundation. All rights reserved. SR-1563B Signals from the Present 12 16 | Global Diaspora Services
  • 13. © 2013 Institute for the Future for Rockefeller Foundation. All rights reserved. SR-1563B 13 The International diaspora Engagement Alliance (IdEA) promotes and supports diaspora- centered initiatives in entrepreneurship, volunteerism, philanthropy, diplomacy, and social innovation from around the world. Chile Global Chile Global is a network for Chileans living abroad. Their main aim is to transform Chile into a knowledge economy, and they do so by facilitating collaboration between highly skilled Chileans in the diaspora with people in their home country. 16 | Global Diaspora Services | Signals from the Present International diaspora Engagement Alliance Image Source: www.chileglobal.net/esImage Source: www.diasporaalliance.org
  • 14. © 2013 Institute for the Future for Rockefeller Foundation. All rights reserved. SR-1563B 14 OneVietnam was started by people in the Vietnamese diaspora to make philanthropic endeavors in their homeland more efficient. The site allows members to donate directly to projects they care about, and to track the resulting progress. They plan to scale up their model and build similar networks for all countries. 16 | Global Diaspora Services | Signals from the Present OneVietnam Image Source: www,onevietnam.org
  • 15. © 2013 Institute for the Future for Rockefeller Foundation. All rights reserved. SR-1563B © 2013 Institute for the Future. All rights reserved. SR-1563B March 2013 Foresight Engine Game Analysis: 25 Zones of Future Innovation © 2013 Institute for the Future for Rockefeller Foundation. All rights reserved. SR-1563B A project by Institute for the Future and The Rockefeller Foundation www.iftf.org/our-work/global-landscape/catalysts-for-change/catalysts-zones-of-innovation Contact: Tessa Finlev, tfinlev@iftf.org

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