World Bank Group Timeline
January 01, 1981
IFC coins phrase “emerging markets”
The term "emerging markets" is created by IFC staffmember Antoine van Agtmael while promoting a global listed equity investment fund for developing countries. The term will change the financial world's perception of developing countries and define a new asset class.
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Antoine van Agtmael
1985
Antoine van Agtmael coins the term "emerging markets" as a way to change the financial world's perception of developing countries (1538477; Credit: The World Bank).
IFC: The First Six Decades
Document date: Jan. 1, 2016
The publication describes the origin of the term "emerging markets" on pages 47-48.
