imf

China's decision to visit the capital markets with a 144a bond, the region's largest sovereign issuance this year, has paid off just as its economy is emerging from the Covid-19 gloom.

The challenges are significant when 85% of the population is unbanked and the country has no capital markets. The acting governor of Da Afghanistan Bank outlines his plans to build from the ground up, promote financial inclusion, and learn from countries like Cambodia.

Continued infrastructure investment from multilaterals, especially that linked to the training of women, is helping Tajikistan develop a future for tourism, but international investors remain wary to say the least.

After a lacklustre few years thanks in part to over-regulation, Pakistan is cleaning up its image for issuers and investors and betting on simplified IPO rules to catalyse the market. Three IPOs are waiting for approval and more are in the wings, bankers claim.

Indonesia’s problems have reignited debate about how countries can protect themselves from destabilization by foreign capital flows, and their borrowers from foreign exchange risk.

Pakistan may be an emerging market country in name, but it remains a frontier market by nature.

Choijilsuren Battogtokh, head of Mongolia's budget committee, explains why better than expected economic data and a restructuring of the banking sector are improving the country’s credit metrics.

Leading market players reflect on the painful lessons Asia and Thailand learnt after the latter devalued the baht on July 2, 1997.

With Pakistan riding a wave towards emerging-market status, it may be time for frontier investors to jump ship