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The increasing geopolitical importance and rapid economic growth that characterize most of the South Asian region mean these diasporas are becoming progressively more important in driving economic and political ties between their countries of origin (COOs) and their countries of residence (CORs), in helping with knowledge transfer between them, and in influencing the economic and institutional development in their COOs. We provide a brief overview of the diaspora phenomenon, describe some of the roles that modern South Asian diasporas have played, explain their potential role in economic development of their COOs, and analyze some of the evolving issues that these diasporas are likely to face in their CORs.
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