Frontier Market Economies: Promise, Performance, and Prospects This page in:English

https://www.worldbank.org/en/research/publication/frontier-markets?intcid=ecr_hp_sidekick1_en_ext Frontier markets—a subset of emerging market and developing economies characterized by meaningful but limited access to international financial markets—have considerable promise. Already home to one-fifth of the world’s population, but only 5 percent of its output, today’s frontier markets are projected to account for most of the global population increase to 2050. Many frontier markets have large natural resource endowments. Relative to other developing economies, they also have more physical capital, healthier and better-educated workforces, and stronger institutions. Access to international markets provides financing opportunities. Outcomes in frontier markets will be pivotal for global job creation and development progress.