Political tensions have re-emerged in a number of frontier market economies in recent weeks, casting a shadow over the economic outlook. The outcome of the recent presidential election in Zambia has been disputed in court by the opposition, resulting in a period of political uncertainty. Elsewhere, following the collapse of Croatia’s ruling coalition earlier in the year a snap election is due in September. The chances of another highly fragmented parliament are high. Meanwhile, there is growing evidence of resistance to reform in Argentina and Kazakhstan.
It’s not all doom and gloom. After all, the fact that a number of frontier market economies have embarked on the path of much-needed reform is a positive step. Nonetheless, recent events serve as a reminder that for these economies the road ahead will be bumpy.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services