Outlook Frontier Markets 2023

Published on january 23, 2023
Outlook Frontier Markets 2023

Rising energy and food prices combined with a record strong dollar have put frontier markets under pressure over the past year. In addition, specific circumstances caused additional price falls, such as floods in Pakistan, a political crisis in Sri Lanka and fear of the consequences of the war in Ukraine for countries such as Kazakhstan and Georgia.

In Vietnam, the market crashed more than 30% as regulators scrutinized the corporate bond market. This perfect storm has caused frontier markets to experience their worst year since 2008. Since then, every year of decline to date has been followed by a positive year. 

Click here to read the complete Outlook 2023.

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