Chapters in this book

1. Frontmatter i
2. Contents v
3. Introduction 1
4. Part I: Why Invest In Frontier Markets?
5. 1. Emerging Markets Have Emerged 13
6. 2. Frontier Markets Are the New Emerging Markets 27
7. 3. Frontier’s Bright Economic Outlook 45
8. 4. The Young and the Restless 61
9. 5. “Can You Hear Me Now?” 80
10. 6. Frontier Equity Markets Offer Value and Diversification 91
11. Part II: How to Invest in Frontier Markets
12. 7. The Pitfalls of Passive Management and Advantages of Active Management in Frontier Markets 109
13. 8. Do-It-Yourself Investing in Frontier Markets 122
14. 9. Special Situations in Distressed Debt 136
15. 10. Privatizations 153
16. Part III: Risks and Opportunities in Frontier Markets
17. 11. Political Risks in Frontier Markets 169
18. 12. Other Risks in Frontier Markets 185
19. 13. Megatrends in Frontier Markets 203
20. 14. Frontiers of Frontier Markets Investing 222
21. Appendix 231
22. Notes 237
23. Index 245