2013 Annual Meetings, Washington D.C.
World Bank Group
International Monetary Fund
2013—Washington D.C.

Annual Meetings Program of Seminars: IMF

Frontier Economies:
The Next Generation of Emerging Markets


Wednesday, October 9, 2:00 p.m. – 3:15 p.m.
IMF HQ2, Conference Hall 2

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Moderator
Yanqing Yang
Deputy Editor-in-Chief
China Business News

Panelists


Min Zhu

Min Zhu
Deputy Managing Director
IMF

Bio
Maryam Khosrowshahi

Maryam Khosrowshahi
Managing Director at Deutsche Bank

Bio
Carmen Reinhart

Carmen Reinhart
Professor of the International Financial System
Harvard University

Bio
Henry Rotich

Henry Rotich
Treasury Cabinet Secretary, Kenya

Bio
Nguyen Van  Binh

Nguyen Van Binh
Governor, State Bank of Vietnam

Bio
Yanqing Yang

Moderator:
Yanqing Yang
Deputy Editor-in-Chief
China Business News

Bio

Participate Join the conversation - Tweet #FrontierEcon

Overview

Emerging markets have for some time played an important role on the global economic stage and are a major driver of global growth. More recently, a second group of countries—the so-called Frontier economies—are receiving increased attention. Frontier economies are low income countries that have experienced strong growth over the past decade and are on a path of becoming the next generation of emerging markets. However, as the experience of emerging markets highlight, strong growth without the supporting development of policy frameworks and institutions can lead to a misallocation of resources, create asset and credit bubbles, and ultimately result in full-blown crises. There is, hence, the risk that after an initial promising growth trajectory, Frontier economies could suffer from growth slowdowns and significant set-backs. This seminar will therefore focus on the supporting policy frameworks and institutions that will be needed to avoid such a trap. In particular the focus will be on potential vulnerabilities in financial systems and monetary policy frameworks, and the role of capital markets.

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