Abstract
Because they are less developed than the emerging markets of the region, relatively modest amounts of capital can have a substantial social and environmental impact in the frontier countries of the ASEAN. At the same time, their economic growth prospects look promising. The IMF predicts strong average nominal GDP growth of over 7 percent with a standard deviation of less than 1 percent for the ASEAN frontier (Figure 6.1 and Table 6.1) in the coming years.
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Notes
UNCTAD (2014a) ‘Total population, annual, 1950–2050,’ http://unctadstat.unctad.org (home page), date accessed October 28, 2014.
Alfaro, L. and Charlton, A. (2007) ‘Growth and the Quality of Foreign Direct Investment: Is All FDI Equal?’ Harvard Business School.
UNCTAD (2006) World Investment Report 2006, http://unctad.org/en/Docs/wir2006_en.pdf.
Alfaro, L. and Charlton, A. (2007) ‘Growth and the Quality of Foreign Direct Investment: Is All FDI Equal?’ Harvard Business School.
UNCTAD (2014a) ‘Inward and outward foreign direct investment flows, annual, 1970–2012,’ http://unctadstat.unctad.org (home page), date accessed October 28, 2014.
UNCTAD (2014) World Investment Report 2014: Investing in the SDGs, An Action Plan, http://unctad.org/en/PublicationsLibrary/wir2014_en.pdf.
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© 2015 Manuel Stagars
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Stagars, M. (2015). High Potential of Impact Investment to Catalyze Sustainable and Resilient Development in Frontier Markets in the ASEAN. In: Impact Investment Funds for Frontier Markets in Southeast Asia. Palgrave Studies in Impact Finance. Palgrave Macmillan, London. https://doi.org/10.1057/9781137507273_7
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DOI: https://doi.org/10.1057/9781137507273_7
Publisher Name: Palgrave Macmillan, London
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