iPlayer Radio What's New?
Image for Diaspora Bonds

Listen now 25 mins

Listen in pop-out player

Diaspora Bonds

25 minutes
First broadcast:
Sunday 17 June 2012

Diaspora Bonds

Developing countries need all kinds of facilities that most cannot afford, facilities that meet absolutely basic human needs: roads, bridges, railways, water supplies, power, sewerage, street lighting.

Many of them have little of the cash it needs to get big public investment programmes started. Overseas aid can help, and so can official borrowing from the big international institutions such as the World Bank.

But there's another pool of potential investment money that has so far been used mainly informally and only in very limited circumstances. Peter Day reports how developing governments, mostly in Africa, are waking up to the investment possibilities of the money diaspora send back to their own countries.
Producer: Richard Berenger.

  • Contributors to this programme:

    Dilip Ratha
    Lead Economist and the Manager of the Migration and Remittances Unit at the World Bank

    Eric-Vincent Guichard
    CEO, Homestrings

    William Knight
    Advisory Director, Campbell Lutyens

    Gibril Faal
    Chairman of the African Foundation for Development (AFFORD)


Free download

  1. Image for Peter Day's World of Business

    Peter Day's World of Business

    Insights into the business world with Peter Day - featuring content from his Radio 4 In Business…

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.

Added. Check out your playlist Dismiss