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PERSPECTIVE article

Front. Polit. Sci.
Sec. Peace and Democracy
Volume 6 - 2024 | doi: 10.3389/fpos.2024.1508012
This article is part of the Research Topic The Evolution of Homeland and Civil Security Policies around the World: Values and Resilience View all articles

Transnational Economic Development: Pakistani and Indian Diaspora in Focus

Provisionally accepted
Kinza Chauhdry Kinza Chauhdry 1,2*
  • 1 Lahore College for Women University, Lahore, Pakistan
  • 2 School of Politics and International Relations, Quaid-i-Azam University, Islamabad, Islamabad, Pakistan

The final, formatted version of the article will be published soon.

    Diasporas plays a significant role in the economic development of their home countries by facilitating foreign direct investment (FDI), transferring knowledge and overall economic growth through remittances. This conceptual analysis compares the transnational economic impact of the Indian and Pakistani Diasporas on their home countries, shedding light on the contributions of remittances, investments, and knowledge transfer to economic development and growth. The main objective is to analyze economic stability disparities between Pakistan and India, with a focus on their Diasporas' roles in national development. It tends to explore the means and strategies through which Pakistan can maximize its diaspora's potential for economic growth. The theoretical lens of neoliberalism is incorporated in the study. Neoliberalism focuses on free markets and globalization, which depicts the impact of different economic policies through which these Diasporas help their respective homelands. This exploratory study compares the Indian and Pakistani Diasporas, using diverse data sources to understand concepts, experiences, and opinions. The inclusion of qualitative and secondary data methods enhances the analysis by capturing individual narratives and subjective interpretations. The comparative analysis suggests that the Indian diaspora exhibits greater unity, prominence, and direct economic contributions compared to the more fragmented Pakistani diaspora, which focuses on diverse fields and financial support through remittances. Pakistan needs to foster unity among the diaspora through community-building initiatives and platforms for collaboration. Despite being organized differently, both groups help in their national economic development. This shows that they are both very important for their nation-state's economic growth and global reputation.

    Keywords: diasporas, Transnational impact, Economic Development, remittances, Foreign direct investment, Neoliberalism

    Received: 08 Oct 2024; Accepted: 22 Nov 2024.

    Copyright: © 2024 Chauhdry. This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction in other forums is permitted, provided the original author(s) or licensor are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.

    * Correspondence: Kinza Chauhdry, Lahore College for Women University, Lahore, Pakistan

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