> For the complete documentation index, see [llms.txt](https://docs.brix.money/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.brix.money/overview/emerging-markets.md).

# Emerging Markets

Emerging markets are economies undergoing rapid growth and industrialization, supported by expanding financial systems and rising domestic demand. While they account for roughly 85% of the world’s population and nearly 60% of global GDP growth, they receive only 15–20% of institutional capital allocation.

These markets are expected to be the primary engine of global growth. In 2025, emerging markets are projected to drive approximately two-thirds of global GDP growth, outpacing developed economies by nearly 2.5x. This growth dynamic is often accompanied by higher nominal interest rates and local-currency yields that exceed inflation, reflecting both macroeconomic momentum and structural risk premiums.

Despite this yield potential, access to emerging-market returns remains constrained. Regulatory frameworks, custody requirements, capital controls, and fragmented market infrastructure often limit participation to domestic investors or select institutions with local presence and specialized capabilities. As a result, many global investors are structurally unable to access local-currency yield opportunities, even where fundamentals are strong.

These access constraints are a core reason why emerging-market yield remains under-allocated. Reducing friction around market access, custody, and settlement is key to unlocking capital flows into economies that are already driving the majority of global growth.


---

# Agent Instructions
This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com.

## Querying This Documentation
If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.brix.money/overview/emerging-markets.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.