New User Special Price Expires in

Let's log you in.

Sign in with Facebook


Don't have a StudySoup account? Create one here!


Create a StudySoup account

Be part of our community, it's free to join!

Sign up with Facebook


Create your account
By creating an account you agree to StudySoup's terms and conditions and privacy policy

Already have a StudySoup account? Login here

March 28 Notes

by: Gwendolyn Cochran

March 28 Notes Badm 1004

Gwendolyn Cochran

Preview These Notes for FREE

Get a free preview of these Notes, just enter your email below.

Unlock Preview
Unlock Preview

Preview these materials now for free

Why put in your email? Get access to more of this material and other relevant free materials for your school

View Preview

About this Document

The 3/28/16 lecture was a full lecture so if you missed it or tuned out during class I have complied my notes on the lecture, the case study, and both guest speakers here for you! There isn’t class...
Age of Globlization
Liesl Riddle
Class Notes
25 ?




Popular in Age of Globlization

Popular in Business Administration

This 5 page Class Notes was uploaded by Gwendolyn Cochran on Monday March 28, 2016. The Class Notes belongs to Badm 1004 at George Washington University taught by Liesl Riddle in Winter 2016. Since its upload, it has received 61 views. For similar materials see Age of Globlization in Business Administration at George Washington University.

Popular in Business Administration


Reviews for March 28 Notes


Report this Material


What is Karma?


Karma is the currency of StudySoup.

You can buy or earn more Karma at anytime and redeem it for class notes, study guides, flashcards, and more!

Date Created: 03/28/16
3/28/16: Lecture focuses on Cross­Boarder Flows with two guest speakers and a case study  Lecture Notes: rd Law of Migrants’ 3  generation returns   Origin culture  Assimilation   Destination culture   The theory of the psychology of migration says that the first  generation tries to assimilate into the country of residents; because of cultural differences they will have difficulty doing so. The second  generation will succeed in assimilation. The third generation will  revere the country of origin.  “what the son of the migrant wishes to forget, the grandson wishes to  remember…” This law is less viable in the 21  century because of media and  globalization. There are capabilities to continue to invest and continue  connection with their countries of origins. The generations of migrants can  stay closely connected with the culture of origin.  This has changed the meaning of Diaspora­ which reflects a change in the  way society views migration 1. Diaspora: the body of Jews or Jewish communities outside of  Palestine or modern Israel 2. diaspora: “a social­ political formation, created as the result of either  forced or voluntary migration, whose members regard themselves as  the same ethno­national origin and who permanently reside as  minorities in one or several host countries. Members of such entities  maintain regular or occasional contacts with what they regard as their homelands and with individuals and groups of the same background  residing in other host counties” (Sheffer, 2006: 10) Remittance­ the sending of money, checks, etc. to a recipient at a distance   This is important because it displays what sector of the global  economy is depended on aiding people outside the country where the money is generated  Remittances weren’t closely tracked until 1990s when migration  skyrocketed    Remittances are most important, and projected to continue to grow,  to developing countries  This is a very STICKY capital; it continues to grow even when there is increased economic or political turbulence  Diaspora economic involvement in counties of origin: Country of residence    country of origin  1. Remittances 2. Tourism  3. Direct investment 4. Portfolio Investment  5. Philanthropy  6. Volunteerism  Diaspora Investment (in their country of origin) Motivation   Financial   Emotional   Social­status   Political st 1    Guest Speaker: Anna Nikolova speaking on USAID Diaspora  Engagement for development  Anna Nikolova is a Program Analyst on the Lab’s Global Partnerships team at USAID.  Her work is focused on engaging diaspora populations in development through  investment, philanthropy, volunteerism, and entrepreneurship. Prior to joining the  Agency, Ms. Nikolova worked on the Public Policy team at UberTechnologies in  Washington, DC. From 2012­2014, she was a research assistant at the AidData Center  for Development Policy and an intern at the White House and the US Embassy in Paris. Ms. Nikolova has a B.A. in International Relations from the College of William & Mary.  Additionally, she has spent time studying at  the Universidad de Belgrano in Buenos Aires, Argentina and at Sciences Po in Lille,  France. She is fluent in French, Spanish, and Bulgarian. Who are we talking about?  Migrant, origin, and affinity diaspora   232m people live outside their country of origin   USA is home to the largest diversity of Diaspora in the world  Diaspora brings more than just money (remittances) to development  o Tourism and trade  o Investment o Philanthropy o Entrepreneurship o Knowledge and experience o Mentorship o Different kinds of advocacy o Networks and market linkages  o Capital and financial resources  USAID is interested in diaspora engagement NOW because:  External drivers o Demographic and economic relevance  o Roles of diaspora crisis and post­crisis scenarios o Regionally specific opportunities  Agency drivers o Sustained, localized development  o Opportunity to integrate diaspora into agency strategies  o Diaspora as partners under 2015 SDGs Homestrings case discussion and 2     Guest Speaker: John Samuel  John Samuel: the Director of Products for Homestrings, the diaspora and  frontier market focused investment crowdfunding platform. John is  responsible for building the Products division and overseeing the  investment opportunities listed on the platform.  John has a proven track­ record of delivering value and building successful organizations across the  globe. In 2009 he received accolades for starting a telecommunication  infrastructure company in Cameroon that delivered multi­million dollar  returns for investors and savings for customers. He was then appointed to  oversee Sub­Saharan Africa operations for Aster, the anchor investor in the Cameroon venture, and served on the board of joint­ventures in Nigeria,  Ethiopia, and Uganda.  In addition to working across Africa, John has held  leadership positions in India and the United States, where he has led  successful strategic and business development initiatives.  John holds a BS in Accounting from North Carolina State University and a MBA from the  George Washington School of Business. Homestrings is an internet based­service that allows expatriates and  members of diasporas to invest in development opportunities in their home  countries. The investment opportunities were vetted by Homestrings, and  Homestrings managed much of the headache of the investment process,  so its clients could not only invest easily but would have reassurance that  their money was making a difference and that there was a good chance of  returns.  What its built on   Securities and exchange commissions   Accredited investors  JOBS act  Investment crowdfunding­ way to raise capital for a company by  collecting a relatively small amount from many investors  Key questions that were asked when starting Homestrings  o How does the web facilitate the launch of global startup? o Is tension between opportunity and funding limitations real? o How does regulatory constraints impact a business? Homestrings Update  Over 20 million dollars in transactions via since  2/20/2012  Key partnership with USAID­ $20 million in guarantees   Over 100,000 + names in Homestrings database  Infrastructure bonds­ key drivers  Next steps  Building internal sales force and external product distribution  channels globally   Geographical expansion­ Asia in 2016 and LAC in 2017  Strengthen technology and user engagement   measuring ‘impact’ in a vivid way  Diaspora mobilization tools­ advice and consent 


Buy Material

Are you sure you want to buy this material for

25 Karma

Buy Material

BOOM! Enjoy Your Free Notes!

We've added these Notes to your profile, click here to view them now.


You're already Subscribed!

Looks like you've already subscribed to StudySoup, you won't need to purchase another subscription to get this material. To access this material simply click 'View Full Document'

Why people love StudySoup

Steve Martinelli UC Los Angeles

"There's no way I would have passed my Organic Chemistry class this semester without the notes and study guides I got from StudySoup."

Allison Fischer University of Alabama

"I signed up to be an Elite Notetaker with 2 of my sorority sisters this semester. We just posted our notes weekly and were each making over $600 per month. I LOVE StudySoup!"

Bentley McCaw University of Florida

"I was shooting for a perfect 4.0 GPA this semester. Having StudySoup as a study aid was critical to helping me achieve my goal...and I nailed it!"

Parker Thompson 500 Startups

"It's a great way for students to improve their educational experience and it seemed like a product that everybody wants, so all the people participating are winning."

Become an Elite Notetaker and start selling your notes online!

Refund Policy


All subscriptions to StudySoup are paid in full at the time of subscribing. To change your credit card information or to cancel your subscription, go to "Edit Settings". All credit card information will be available there. If you should decide to cancel your subscription, it will continue to be valid until the next payment period, as all payments for the current period were made in advance. For special circumstances, please email


StudySoup has more than 1 million course-specific study resources to help students study smarter. If you’re having trouble finding what you’re looking for, our customer support team can help you find what you need! Feel free to contact them here:

Recurring Subscriptions: If you have canceled your recurring subscription on the day of renewal and have not downloaded any documents, you may request a refund by submitting an email to

Satisfaction Guarantee: If you’re not satisfied with your subscription, you can contact us for further help. Contact must be made within 3 business days of your subscription purchase and your refund request will be subject for review.

Please Note: Refunds can never be provided more than 30 days after the initial purchase date regardless of your activity on the site.