Diaspora's Contribution to Armenia's Economic Development: What Drives the First Movers and How Their Efforts Could Be Scaled Up?

The paper examines ways to expand the contribution of the Armenian diaspora to Armenia’s long-term development agenda. It identifies factors that could explain the involvement and dynamics of a small group of entrepreneurs from the diaspora who have been active in and with Armenia. Based on these findings, it develops recommendations, consistent with the diaspora’s institutional capabilities, for increasing the number of such business activists and transforming diaspora efforts from humanitarian relief campaigns to business initiatives and development projects. The findings are based on detailed interviews with a group of prominent diaspora activists.