Frontier and Emerging Markets: How They Differ
In essence, developing countries (emerging and frontier markets) are distinguished by higher perceived levels of risk. According to the World Bank’s International Finance Corporation (IFC), typical characteristics of such markets include difficult conditions for private investment, lack of services, lack of jobs, and higher rates of poverty.
As a developer, you will be faced with specific challenges that you would not encounter in developed markets such as:
1. Lack of regulation around tariffs
2. Lack of technical understanding
3. Difficulty in procuring technical equipment required
4. Lack of local financing options
5. Low level of interest from venture capitalists or other early-stage ...
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