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Diaspora Giving Asia Pacific Priya Viswanath Conference Chair. RESEARCH OBJECTIVES. Characterize diaspora philanthropy in each country focusing on past and existing practices Identify best practice cases and mechanisms of strategic philanthropy by diaspora communities
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Diaspora Giving Asia Pacific Priya Viswanath Conference Chair
RESEARCH OBJECTIVES • Characterize diaspora philanthropy in each country focusing on past and existing practices • Identify best practice cases and mechanisms of strategic philanthropy by diaspora communities • Analyze the enabling environment in each country • Develop action recommendations
COMPOSITION • Migrants make up 3% of the world’s population • Top 3 countries with large migrant populations are in Asia: China, India and the Philippines • Bangladesh: Between 7 & 8 Million • China: 144 Million • India: 20 Million + • Indonesia: 3 Million + • Pakistan: 3.9 Million • Philippines: 8.2 Million • Vietnam: 3.2 Million
REMITTANCES • World Bank Estimates in 2005 • US$232 Billion with 72% going back to developing countries • Unrecorded remittance flows add about 50% more • Remittances are twice the size of ODA • Highest receiving countries • India ($21.7 B) • China ($21.2B) • Mexico ($18.9B) • Philippines ($13B) • Top three remittance sources: US, Saudi Arabia and Switzerland
DRIVERS OF DIASPORA PHILANTHROPY • Strong family and community ties • Religion • Reduction of poverty /Building equity • Others
ISSUES & CHALLENGES • Individual vs. Institutional giving • Knowledge gap • Mistrust • Access to reliable partners • Absence of an enabling environment
DIASPORA PHILANTHROPY: MECHANISMS • Families / personal ties • Religious institutions • Intermediaries – Give2Asia, United Way • Diaspora Foundations – American India Foundation, Alumni Associations (IIT Heritage Fund) • Hometown Associations
AYALA FOUNDATION-USA AF-USA is a registered 501-C(3) organization in the United States A bridge between Filipino communities in the US and in the Philippines A mechanism for philanthropic giving in the United States to support social development initiatives in the Philippines.
AMERICAN INDIA FOUNDATION: DIGITAL EQUALIZER PROJECT
RECOMMENDATIONS • Creation of an enabling environment • Revise existing regulations and laws • Strengthen diaspora networks overseas and encourage investment in local development • Create partnerships between diaspora communities and communities of origin