Somalia lacks human capital/diaspora is useless

[Ya.dhahay]

What Somalia needs from its diaspora is:
financial contributions
knowledge transfer

Even if the most skilled in the diaspora were to go back home, there are so few opportunities. If they want to create opportunities themselves, the ’elites’ there become an obstacle and the state can not ensure ur safety, they might even be the ones endangering it since they view u as competition. For already existing businesses nepotism is rife, who is interested in diaspora expertise? The people they hire have questionable credentials. Somalia is not governed by ’elites’ that care about developing human capital, any human capital we had pre-civilwar was thanks to the west/colonisers, the valuable ppl died/left bcs of the civilwar

diaspora could play a critical role in reinvesting capital, skills and trade relationships accumulated overseas back into ’their’ country, jewish and chinese diaspora have done this really well.
unfortunately for us we just don’t have enough of it.. not enough capital, not enough skills .. alot of people in the west are not highly skilled workers, they’re mostly non-entrepreneurs/wage slaves, not enough opportunities for those who have capital/skills since we dont have good policies/business environment

Our ’only’ contribution now is remittances and that goes towards supporting family, not any real viable economic development

 

[Idilinaa]

The title is incoherent. Are you trying to tell us that Somalia lacks human capital or are you telling us the diaspora is useless? Which is it?

If you are reacting to my thread , you can see that the impact diaspora has had in key sectors is very apparent. They are setting up those institutions, business themselves and gathering the funds, with no resistance from the political elites , because none of them are state or publicly set up entities or funded either.

Scholarship to Service: How Dr. Fodey’s Education Transformed Somali Healthcare Health 🏥

From Scholarship to Service: How Dr. Fodey’s Chinese Education Transformed Somali Healthcare October 6, 2024 Mogadishu(SONNA)-In the bustling districts of Mogadishu, where healthcare is crucial to the city’s vitality, one pediatrician stands out for his commitment to serving his community. Dr...

www.somalispot.com

The increased safety aspects is why many have returned as well. But this isn't really anything different from back in the days when countries were developing they sent out people abroad to gain skills and knowledge they could return back to transfer and set up shop with. Somalia is going through this again as they did in the 1960-80s which is a positive sign that it's on a path of rebuilding and developing.

The bigger obstacle in Somalia, really has been funding/salaries especially in the health care/educational sector. This is where there is need for government support really.

But Bidey said, for the flow to really increase, better salaries and more government support are needed.

There aren't really widespread nepotism in the business sector and it's the same for corruption

Somalia Vision for Private Sector Development Report​

Corruption is widespread in the government system and not in the private sector.

In fact they are more likely to value skill, credentials and expertise than familial background/connections like how you see in the government.

 

[berberaboy66]

The diaspora actually do this but it’s all at a local level. Doing things to a national level in somalia doesn’t exist.

The diaspora reinvestment goes back into towns/villages, if you’re not from the area you will never benefit

 

[Idilinaa]

The diaspora actually do this but it’s all at a local level. Doing things to a national level in somalia doesn’t exist.

The diaspora reinvestment goes back into towns/villages, if you’re not from the area you will never benefit

They do benefit from the diaspora investment at a national/regional level through the trade , movement of goods and the flow of money that's being taxed by regional government. Also they set up businesses in more than one location cross-regionally and help fund political engagements.

It has real implications for state-building and regional integration,

You should read this:
IMPLICATIONS OF DIASPORA INVESTMENT FOR STATEBUILDING AND REGIONAL INTEGRATION

https://www.jstor.org/stable/resrep21441.11

 

[Ya.dhahay]

The title is incoherent. Are you trying to tell us that Somalia lacks human capital or are you telling us the diaspora is useless? Which is it?

the diaspora is useless and Somalia lacks human capital.


Political elites aswell as businessmen run monopolies in many parts of Somalia and are known to harrass/threaten competition so its not that safe.

 

[Ashraf]

The title is incoherent. Are you trying to tell us that Somalia lacks human capital or are you telling us the diaspora is useless? Which is it?

If you are reacting to my thread , you can see that the impact diaspora has had in key sectors is very apparent. They are setting up those institutions, business themselves and gathering the funds, with no resistance from the political elites , because none of them are state or publicly set up entities or funded either.

Scholarship to Service: How Dr. Fodey’s Education Transformed Somali Healthcare Health 🏥

From Scholarship to Service: How Dr. Fodey’s Chinese Education Transformed Somali Healthcare October 6, 2024 Mogadishu(SONNA)-In the bustling districts of Mogadishu, where healthcare is crucial to the city’s vitality, one pediatrician stands out for his commitment to serving his community. Dr...

www.somalispot.com

The increased safety aspects is why many have returned as well. But this isn't really anything different from back in the days when countries were developing they sent out people abroad to gain skills and knowledge they could return back to transfer and set up shop with. Somalia is going through this again as they did in the 1960-80s which is a positive sign that it's on a path of rebuilding and developing.

The bigger obstacle in Somalia, really has been funding/salaries especially in the health care/educational sector. This is where there is need for government support really.


There aren't really widespread nepotism in the business sector and it's the same for corruption

Somalia Vision for Private Sector Development Report​

In fact they are more likely to value skill, credentials and expertise than familial background/connections like how you see in the government.

Seriously tell me where you get all your knowledge and sources from walaal. Your posts are gems

 

[Idilinaa]

Seriously tell me where you get all your knowledge and sources from walaal. Your posts are gems

I just happen to come across the information. Some of it has been posted or shared on this forum or on Somali reddit.

You are welcome to include them in your satirical jargon political theory essays if you like.

 

[NidarNidar]

The title is incoherent. Are you trying to tell us that Somalia lacks human capital or are you telling us the diaspora is useless? Which is it?

If you are reacting to my thread , you can see that the impact diaspora has had in key sectors is very apparent. They are setting up those institutions, business themselves and gathering the funds, with no resistance from the political elites , because none of them are state or publicly set up entities or funded either.

Scholarship to Service: How Dr. Fodey’s Education Transformed Somali Healthcare Health 🏥

From Scholarship to Service: How Dr. Fodey’s Chinese Education Transformed Somali Healthcare October 6, 2024 Mogadishu(SONNA)-In the bustling districts of Mogadishu, where healthcare is crucial to the city’s vitality, one pediatrician stands out for his commitment to serving his community. Dr...

www.somalispot.com

The increased safety aspects is why many have returned as well. But this isn't really anything different from back in the days when countries were developing they sent out people abroad to gain skills and knowledge they could return back to transfer and set up shop with. Somalia is going through this again as they did in the 1960-80s which is a positive sign that it's on a path of rebuilding and developing.

The bigger obstacle in Somalia, really has been funding/salaries especially in the health care/educational sector. This is where there is need for government support really.


There aren't really widespread nepotism in the business sector and it's the same for corruption

Somalia Vision for Private Sector Development Report​

In fact they are more likely to value skill, credentials and expertise than familial background/connections like how you see in the government.

Investment from the diaspora is a grassroots movement that has gained momentum. My mother manages a fund designed to help family members start their own businesses. Rather than simply sending them money, she prefers to offer them an opportunity for growth. She takes a small fee, which is securely held by a trusted family friend who works as a money exchanger. She only provides this support to those she can rely on, ensuring the trust and integrity of the process.

 

[Rayaale]

You are contradicting yourself,the diaspora is not useless they send billions of dollars in remittance https://www.oxfamamerica.org/explore/issues/economic-well-being/remittances-to-somalia/, without them many Somalis wouldn’t survive due to lack of jobs and opportunities.

 

[Idilinaa]

You are contradicting yourself,the diaspora is not useless they send billions of dollars in remittance https://www.oxfamamerica.org/explor...survive due to lack of jobs and opportunities

Some people don't understand the significance Somali remittances until they read up about it. Here is a short outline.



In for example Korea during 1960-70s , remittances played an immense role of rebuilding and developing the country in almost the same way as what is happening in Somalia today and it acts as a vital source of foreign currency. In Somalia during the 1980s as well.

 

[Rayaale]

Some people don't understand the significance Somali remittances until they read up about it. Here is a short outline.



In for example Korea during 1960-70s , remittances played an immense role of rebuilding and developing the country in almost the same way as what is happening in Somalia today and it acts as a vital source foreign currency. In Somalia during the 1980s as well.

Remittance is an important part of the Somali economy,due you think it will slow down, the next generation won’t be sending much as their parents sent

 

[Idilinaa]

Remittance is an important part of the Somali economy,due you think it will slow down, the next generation won’t be sending much as their parents sent

Remittances is a vital part of any developing economy.

It will continue. Some Somalis will remain in the diaspora but others will move out and maintain the same contact. Even now you see a lot second generation being persuaded by their parents to send money, so they take over their parents role.

 

[Hotchick12]

Remittance is an important part of the Somali economy,due you think it will slow down, the next generation won’t be sending much as their parents sent

i think somali parents will start retiring in somalia and the children will still have to send remittances, as i know that’s my mums retirement plan

 

[EyiPunter]

What Somalia needs from its diaspora is:
financial contributions
knowledge transfer

Even if the most skilled in the diaspora were to go back home, there are so few opportunities. If they want to create opportunities themselves, the ’elites’ there become an obstacle and the state can not ensure ur safety, they might even be the ones endangering it since they view u as competition. For already existing businesses nepotism is rife, who is interested in diaspora expertise? The people they hire have questionable credentials. Somalia is not governed by ’elites’ that care about developing human capital, any human capital we had pre-civilwar was thanks to the west/colonisers, the valuable ppl died/left bcs of the civilwar

diaspora could play a critical role in reinvesting capital, skills and trade relationships accumulated overseas back into ’their’ country, jewish and chinese diaspora have done this really well.
unfortunately for us we just don’t have enough of it.. not enough capital, not enough skills .. alot of people in the west are not highly skilled workers, they’re mostly non-entrepreneurs/wage slaves, not enough opportunities for those who have capital/skills since we dont have good policies/business environment

Our ’only’ contribution now is remittances and that goes towards supporting family, not any real viable economic development

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[Idilinaa]

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[Rayaale]

i think somali parents will start retiring in somalia and the children will still have to send remittances, as i know that’s my mums retirement plan
[/QUOTE
Our parents have done a lot for us they deserve to retire happy and healthy but our futures will also be affected since the same money you send could be used to better your life