frontier market
type of developing country which is more developed than the least developing countries, but too small, risky, or illiquid to be generally considered an emerging market
en-US/fɹənˈtiɹ ˈmɑɹkət/
en-GB/ˈfɹʌntɪə ˈmɑːkɪt/
type of developing country which is more developed than the least developing countries, but too small, risky, or illiquid to be generally considered an emerging market