Manuk Hergnyan's research aims to study the impact of emigrants/emigrant networks (thereafter- new Diaspora and/or old Diaspora) on the economic development of Armenia . In particular, this research aims to study the factors that affect the involvement of the Diaspora in generating Foreign Direct Investments (FDI). The research will provide a better understanding of the Diaspora's role on Armenia 's economic development and particularly Armenia 's role in attracting foreign direct investment. The research project will enable to identify the impact of Diaspora-connected FDI on the structure of household income, job creation, and on the competitiveness of the country in general. Based on the results of the proposed research , the fellow will produce a working paper, which will also available as a power point presentation. The fellow will also organize and conduct a seminar/workshop for the experts in the respective field, which will be elucidated by the Vem Radio's Economy and Values show. The research materials will be disseminated through various web sites, such as CRRC, the Ministry of Foreign Affairs, the Ministry of Trade and Economic Development and the Armenian Development Agency (ADA).

Dr. Manuk Hergnyan holds a PhD in Economics from Moscow State University , Faculty of Economics. He has participated in various initiatives from Cambridge University, Judge Institute of Management, Central European University , and Harvard University.