The term, pre-emerging markets is a standard term for the smaller, and/or less-developed — yet still investable — equity markets of the developing world. The term is a synonym for what have become known as the Frontier markets. The countries comprising the list of pre-emerging, or frontier equity markets is often debated, and by definition, is constantly changing. By definition of their inclusion in this category, pre-emerging markets are expected to "graduate" to emerging market status over time, in that the market capitalization will increase as a percentage of GDP, and that the liquidity of the markets will gradually improve.
Famous quotes containing the word markets:
“When the great markets by the sea shut fast
All that calm Sunday that goes on and on:
When even lovers find their peace at last,
And Earth is but a star, that once had shone.”
—James Elroy Flecker (1884–1919)