Emerging & Frontier Markets Archives

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Country Report

Country Report: Turkey

THE COST OF INSTABILITY By Justin Keay The full effects of recent upheavals and unrest in Turkey have not yet been felt, and policymakers have some serious work ahead to bring markets back in order and reassure investors ...

Emerging & Frontier Markets

Frontier Markets Report: Ecuador

WAIT AND SEE - As it tries to establish a new model for economic development, Ecuador presents a challenge for companies considering investing there. The country is politically stable, but its president, Rafael Correa, is a polarizing figure, both locally and abroad. It is economically vibrant, but much of its potential is tied to oil reserves located in ecologically sensitive areas ...

Emerging & Frontier Markets

India: Crackdown Spooks Investors

MILESTONES By KA Badarinath Since the 1991 balance-of-payments crisis, the Reserve Bank of India (RBI) had not reversed the trend of easing capital controls. But on August 14, the rhetoric was different as the RBI curbed the outflow ...

Emerging & Frontier Markets

M&A: Brazil, Latin America In Slump

CORPORATE FINANCING NEWS By Gordon Platt Fears that the Federal Reserve would cut back on its bond-buying program, as well as the collapse of Brazilian billionaire Eike Batista’s commodities empire, triggered a sharp decline in mergers and acquisitions ...

Emerging & Frontier Markets

Mexico: Pea Nieto’s Energy Reform

NEWSMAKERS By Gilly Wright The proposal by Mexican president Enrique Peña Nieto to reform Petróleos Mexicanos (Pemex), the state-owned oil and gas monopoly, could have far-reaching consequences for the country’s troubled economy. The proposal, which requires a constitutional ...

Emerging & Frontier Markets

Middle East: Iraqi Oil Pressures OPEC

EMERGING MARKETS ROUNDUP By Gordon Platt Rising Iraqi output could well represent the largest increase to global oil supplies over the coming years, easily outstripping projected gains from US shale oil, according to a report by National Bank ...

Emerging & Frontier Markets

North Africa: Trading In Stability

ANNUAL SUPPLEMENT: AFRICA 2013 By Dan Keeler Developed-markets watchers hope tightening trade ties and increasing foreign direct investment will help ease tensions in North Africa. Two years after the Arab Spring swept through North Africa and beyond, ...

Emerging & Frontier Markets

Polls & Stats: Growth In Noncash Payment Transactions

Emerging Markets See Strong Growth in Noncash Payment Transactions “Mature markets accounted for 77% of the total volumes [of noncash transactions] but ... growth rates are higher in the developing markets—18.7% versus 6.2% in the mature markets in 2011. ...

Emerging & Frontier Markets

Russia: Arrest In ‘Potash War’

EMERGING MARKETS ROUNDUP By Kim Iskyan Russian potash giant Uralkali in late July unexpectedly withdrew from an export delivery arrangement with Belarus Potash, the marketing agent for the Russian company and for Belaruskali, the Belarus national potash company. ...

Capital Raising & Corporate Finance

Salon: Conrad Saldanha

GOING DOMESTIC By Vanessa Drucker Global Finance sat down with Conrad Saldanha, portfolio manager, emerging markets equities, at asset management firm Neuberger Berman, to discuss the future prospects for global emerging markets. Global Finance: Emerging markets have ...

Emerging & Frontier Markets

Serbia: Can Lazar Krstic Cut It?

NEWSMAKERS By Luca Ventura Lazar Krsti has a daunting task ahead: saving Serbia from a debt crisis. A Yale graduate with no party affiliations or political experience, the 30-year-old McKinsey associate is expected to consolidate public finances and ...

Capital Raising & Corporate Finance

Vietnam: Pro-Business Message Pays Off

After posting its lowest growth rate in 13 years in 2012, Vietnam’s economy is showing signs of revival. Industrial production expanded by 5.3% in the first eight months of this year, with exports and imports up by 14.7% and 14.9% ...