Frontier Markets Post-pandemic (Capital Group)
KEY TAKEAWAYS
- High growth countries have tended to escape more severe slowdowns.
- Richer, more developed countries have generally taken in less revenue (through lockdowns) and spent more, leading to higher deficits.
- Many frontier markets rely on tourism as an economic driver, but there is a wide divergence between countries that are highly dependent on tourism and those less dependent. READ MORE
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