Frontier markets need framework to strengthen capital flow resilience – IMF paper
'Frontier markets' (FMs) have become "more similar" to emerging markets (EMs), and are therefore more "vulnerable" to swings in global financial market conditions, according to a working paper published by the International Monetary Fund.
Nordine Abidi, Burcu Hacibedel and Mwanza Nkusu investigate to what extent low-income developing countries - the so-called FMs - have begun to be affected by capital flow dynamics.
In their paper, Changing times for frontier markets: a perspective from
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