The remittance corridor to Somalia is uniquely stressed -- and uniquely important. At the moment, Somalia's remittance system is its life-support, its economic engine and the glue holding its communities together.
Where remittances are often sent in response to family and community needs, diaspora bonds are a direct investment in the economy at the national level. Even though they are being explored for the first time by African governments, the idea of issuing diaspora bonds is not new.
Since 2001, I have periodically reconsidered why I am still here and the last three years even more so. Between terrorism and the financial crisis, most Africans, even from war-ridden countries are reconsidering.
Each year, inhabitants of the least-developed Asian countries pursue the economic benefits of overseas employment despite the high social cost at home and possibility of injury at the hands of employers abroad.