Diaspora economics: new perspectives

Purpose - The purpose of this paper is to introduce a new field and suggest a new research agenda.Design/methodology/approach - Combine ethnicity, migration and international relations into a new thinking. Provide a typology of diaspora and a thorough evaluation of its role and the roles of the home and host countries.Findings - Diaspora economics is more than a new word for migration economics. It opens a new strand to political economy. Diaspora is perceived to be a well-defined group of migrants and their offspring with a joined cultural identity and ongoing identification with the country or culture of origin. This implies the potential to undermine the nation-state. Diasporas can shape policies in the host countries.Originality/value - Provide a new understanding of global human relations.