FRONTIER MARKETS: A SCENARIO OF GROWTH-UPON-GROWTH POTENTIAL
As frontier markets strengthen and attract more foreign investment, the opportunity for growth increases from multiple sources. Domestic demand may increase as individuals may have more money to spend. At the same time, frontier market governments may find themselves with more assets to invest in public utilities, infrastructure and other basic services furthering the development and growth potential of the country.
Once frontier markets reach their tipping point, the impact may result in exponential growth. This growth-upon-growth potential is why frontier markets are now being referred to a “pre-emerging markets.”
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