Abstract
Thus far, our narrative has focused on beneficiary investors in middle to high-income economies. This is a simple function of where wealth is concentrated, and thus where a greater proportion of large beneficiary financial institutions are located. We would be myopic, however, if we did not include a discussion of potential frontier investors in the developing world. Many developing economies have made big strides in development and are becoming integrated with global financial markets. Indeed, frontier investors from the rich world continue to see growth opportunities and opportunities for collaboration in emerging markets, not least because of their comparatively young populations. And, many developing countries have recently established or intend to establish a sovereign fund. But including consideration of investors in developing economies also helps to reinforce the view that, ultimately, finance and investment should be about developing the real economy.
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Notes
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Bachher, J.S., Dixon, A.D., Monk, A.H.B. (2016). Catalyzing Development in a Short-term World. In: The New Frontier Investors. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-137-50857-7_8
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DOI: https://doi.org/10.1057/978-1-137-50857-7_8
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