Via Emerging Frontiers blog, a report on Cuba: Socialism has been Cuba’s official economic policy for more than a half-century, and some 85 percent of the Cuban workforce is employed by the state. But that is changing fast. Communist authorities say that nearly half of Cuba’s economic activity will shift to the private or “non-state” […]
Read more »Via Guru Focus, a look at Sri Lanka: Royce’s global team scours the globe looking for companies that fit our investment criteria. Sri Lanka is a country that has crossed our radar in the past and earlier this January we had the opportunity to spend time on the island nation looking for investments. As a […]
Read more »Via Emerging Frontiers blog, a look at Laos’ efforts to join the WTO: After almost a decade of major economic transformation, the Lao People’s Democratic Republic is on the brink of World Trade Organization (WTO) membership. The small country’s Herculean effort to join the exclusive trade club is a reminder to the 10 other least-developed […]
Read more »Courtesy of Emerging Frontiers blog, an article on one of Cambodia’s early corporate successes: When the Khmer Rouge were driven out of Phnom Penh in 1979 they left behind a city that had been laid bare. Its infrastructure was in ruins and utilities like the colonial-era water supply were in a state of filthy disrepair. […]
Read more »Courtesy of The New York Times, a look at frontier markets growing popularity among investors: The difficulty with investing in the next big thing is that it is often not recognized as that until after it has become a current or former big thing. Before its arrival, it tends to be seen only as a […]
Read more »Courtesy of The Globe and Mail, a report on the improving relationship between Canada and Colombia: It was just after daybreak on a hazy January morning in Bogota and the 300 bankers were bleary. Summoned at dawn to the auditorium at the foot of their 50-storey office tower, most of them had guessed that their […]
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